Senior USD 100 Face Value USD 100 Green Bond (GB) Selected features for green and conventional bond matching pairs 1) Variable used in Propensity Score Matching Approach 2) Variable used in Coarsened Exact

use “shortcuts” in their investment decisions. • Brown and Yang (2016) analyze horse race betting data and find greater propensity to quote odds at round numbers, which they suggest is reflective of

โดยจับคู่ตราสารหนี้ 2 ชนิด คือ Green bond และ Conventional bond ที่มีคุณสมบัติตามกำหนดเหมือนกันทุกประการ แนวทางที่ 2 Propensity score matching เป็นการวิเคราะห์ Greenium โดยการจับคูต่ราสารหนี้ 2 ชนิดที่

and, consequently, build a strong company culture. Further analysis validates the results, including propensity score matching (PSM), entropy balancing, an instrumental-variable analysis, Lewbel’s (2012

Source: Bloomberg, compile by Research and Data Department, SEC , Thailand (as of 6/2023) Average spread (bps.) ดว้ยวธิกีารศกึษา Exact matching และ Propensity score matching (PSM) Literature review SEC

favorable characteristics or GR heuristics (which are assumed to be unique and diverse among each GR investor). Some GR investors with a low propensity for substitution may be attracted to equity markets when

first few days after the easing of lockdown measures; these sales derived mainly from those product categories that have lower propensity to be purchased online, due to the need for advice or

, though actual implementation will likely be started from 2019 onwards. Nevertheless, there remain downside risks from an inclination towards protectionism, as exemplified by the US-China situation, and

Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the year ended December 31st, 2018 Management Discussion and Analysis of Business Operation for FY2018 Bangchak Corporation Plc. I 2 Table of Content Management Discussion & Analysis of Business Operation 03 Executive Summary 05 Important Events 08 Statement of Income 10 Business Performance 10 Refinery & Trading Business Group 15 Marketing Business Group 17 Power Plant Business Group 19 Bio-Ba...

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 4th quarter and year ended December 31th, 2019 2 Management Discussion and Analysis of Business Operation for FY2019 Bangchak Corporation Plc. | 03 Table of Contents 06 09 29 25 27 31 Executive Important Events Summary Business Performance 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources Statement of Cash Flows Statement Financial Ratios Environment Manag...