Detecting Corporate’s Earnings Manipulation in Thailand Corporate Governance Attributes and Audit Report Timeliness: Mediating Role of Corporate Disclosure and Transparency and Moderating Role of
of a company relative to its asset-in-place whereas the PE ratio measures company’s market capitalization compared to its earnings. Because of its intuitive appeal and practical simplicity, the PE
increase of the registered capital of the Company by issuing 650,789,079 newly issued ordinary shares with a par value of Baht 1. 00 per share accounting for 18. 48 percent the Company’ s issued and paid- up
transfer instead of cash payment (Payment in Kind) with a total value of THB 460,000,000 (Allocation of Shares and Allocation of Convertible Debenture collectively as “Securities Allocation Transaction
securities, disclose the kind and priority of any lien securing the issue, as well as the principal properties or assets subject to the lien include a. the aggregate value of the tangible assets which have
pursuant to the conversion of loans that CVHLUX obtained from its shareholders to support ICUK’s business operations in 2017, whereby the shares are used as a means of payment in kind to repaying the
holders shall be entitled to claim damages from the securities offeror or the securities owners pursuant to section 82 of the Securities and Exchange Act B.E. 2535 (1992) within one year from the date on
CVHLUX obtained from its shareholders to support ICUK’s business operations in 2017, whereby the shares are used as a means of payment in kind to repaying the shareholder loans from CHHK and ICSG
– Higher price-earnings multiples (Barth et al., 1999) – Positive abnormal returns (Bartov et al., 2002) – Lower cost of debt (Jiang, 2008) • One can simply ask a following question: what really drives this