companies: because of low interest rates. • Large financial Institutions / banks: may increase risk to compensate for low interest rates. • Telecoms: high competition and change; a lot of intangible assets

% • [High-Risk Group] One standard deviation increase in realized loss would increase risk-taking by 2.98% SEC Classification : ใชภ้ายใน (Internal) Results – Bull vs. Bear Markets 19 SEC Classification

  The European Union is made up of 27 Member States who have decided to gradually link together their know-how, resources and destinies. Together, during a period of enlargement of 50 years, they have

when marginal benefit of the capital investment equals its marginal cost. Myers & Majluf (1984); Fazzari et al. (1988) AGENCY FRAMEWORK Market frictions, e.g. informational asymmetry, cause moral hazard

Thai market. Buy Sell Low momentum High momentum Based on last month return (2) If high returns attract fund flow, then funds may be tempted to increase risk to compete. Equity Mutual Funds

climate hazard) ทีหนว่ย การผลิุตจะต้องป้ระสำบแลุะมีคีัวามีเสำียงตลุอดอายุการใช้งาน มีาตรการทีได้ใช้หรือกำาลัุงจะใช้เพือจัดการกับคัวามีเสำียงเหลุ่านันช่วยลุด คัวามีเสำียงลุงได้ในระดับหน้ง เพือใหห้นว่ยการผลิุ

(2017)). In order to increase risk, mutual fund managers typically have few options, as usage of leverage, derivatives and short-selling is restricted, and even if permitted, tend not to be employed.18

inflation rate by 0.05 percent, resulting from lower price in agricultural products. Furthermore, an enlargement of tourism sector together with a rise in number of agricultural products were key factors of

Classification I or II in the World Health Organization's Recommended Classification of Pesticides by Hazard. Agrochemicals are prepared and applied by trained personnel with appropriate protective gear and in

Microsoft Word - Forestry Criteria document_July 2020.docx Climate Bonds Initiative Forestry Criteria Document Forestry* Criteria The Forestry Criteria for the Climate Bonds Standard & Certification Scheme November 2018 * These Criteria also cover the conservation and restoration of non-forested land Assessing climate change mitigation and adaptation aspects of financial products is not straightforward. The benefit of having an authoritative standard eases decision-making and focuses attention o...