value : 2. Illiquidity ratio : 3. Adjusted zero return measures : Page 14/40 Literature Review (Cont’) 4. Illiquidity ratio is developed on Amihud (2002) : 5. Return reversal measure is proposed by Pastor

proxies. In this spirit, this study considers CSR to be a latent variable measured by environmental (E), social (S), and governance (G) pillars. To overcome limitations of a single-equation regression, this

. ❑ Aggregate political risk affect stock market returns in emerging markets more profoundly than in developed counterparts. (Erb, Harvey, & Viskanta, 1996; Bilson, Brailsford, & Hooper, 2002). ❑ Limited studies

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

reduction of required rate of return. As for the characteristic-based argument, it is developed from evidence that growth is mean reverting process (Fama and French, 2000), and that the empirical link between

illiquidity stock characteristics in emerging market, the Stock Exchange of Thailand. The period to choose sample data are developed from the bootstrapping technique. The list of listed companies is ranked from

minimal loss of nutrients has been developed and is implemented. The plan can include: soil and foliage testing (regularly and especially prior to fertilizer applications), use of variable rate technologies

commercial operation of hospitality business since April in accordance with measures containing COVID-19 announced by local governments. Regardless an effective cost management together with reducing variable

) High Frequency Trading (HFT) Regulatory Framework Source: Mordor Intelligence The proportion of algorithmic trading in developed markets US 70-80% (2016) Japan 70% (2019) UK 60-73% (2009) Germany 52

. In this respect, GNET has its plan to use this developed program to provide service to functions or organizations desiring to increase their income from new media to their functions or organizations