. Besides, investors were prone to searching for yields while securities companies and commercial banks acting as an intermediary for offering of such debt securities provided insufficient information for

virus, comprising with the government’s measures such as closed the risk-prone areas, no activity in crowded places and imposed the curfew from 10 p.m. to 4 a.m. starting from April 3, 2020 until present

tends to smooth long-term relationships and flexibly adjust to situations (Komin, 1990). Even though communications in the Thai language are prone to be neutral to avoid confrontation (Foley, 2005), owing

traditionally strong, and where sales were unusually strong in the prior period in connection with the World Cup soccer tournament, and due to seasonally heavy rains and floods in the northeast depressing demand

heavy rains and floods in the northeast depressing demand for DIY home improvement categories where Thai Watsadu is traditionally strong. Central Retail Corporation Public Company Limited Page 6 III

of international tourists. Private investment is prone to recover in the second half of 2017 especially in automobile equipment, consistent with significant growth of passenger car sales in Q3

projects. • Gain competitive advantages. Knetsch & Salzmann (2022) • Firms in countries with a higher level of societal trust are less prone to underinvestment. Disadvantages Datta-Chaudhuri (1990); Han et

beginning of the year, depressing farm income and the purchasing power of farm households, which represent a majority of the population. Coupled with high levels of household debt, these factors limited the

Activity Report 61En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2018 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2018 Executive Summary....................................................................................02 Quality Assurance Review Panel........................................03 Activities for Enhancing Financial Reporting Quality.................................................................................................07 Summary of Audit Inspection Results A. Firm-Le...

rights reserved. For Institutional Use Only | 21 Note: 1 crore = 10 million CASE STUDY-INDIAN STEEL COMPANY Operational Risk- SteelCo’s does not operate in locations prone to asset damage or business