Now showing items 1-20 of 23

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    An empirical investigation of voluntary accounting changes : the case of Thailand 

    Sasivimol Meeampol, 1968-; Angkarat Priebjrivat, advisor (National Institute of Development Administration, 1997)

    This study empirically examined the association between accounting changes and stock prices of companies listed on the Stock Exchange of Thailand (SET) during 1990-1994 period. In addition, the study attempted to explain the motivation of firms making voluntary accounting changes. It empirically compared the risks of firms with voluntary accounting changes to the risks of firms without voluntary accounting changes during the pre- and post-announcement periods. Also, of firms with voluntary accounting changes, the risks during the pre-announcement ...
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    Asset pricing on Thailand & Malaysia stock exchange: on the use of macroeconomic and behavioral factors 

    French, Jordan Alexander; Tatchawan Kanitpong (National Institute of Development Administration, 2017)

    This thesis tests five macroeconomic variables that have been both theorized to affect stock returns and been proven to do so in past empirical research. Those variables are risk premium, industrial production, term structure, expected inflation, and unexpected inflation. The variables are retested for their statistical significance using four years of monthly contemporary data using Thailand and Malaysia as two of the five ASEAN markets (Singapore, Thailand, Philippines, Malaysia, and Indonesia). Contrary to previous studies, this study finds ...
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    Capital structures of listed firms in ASEAN 

    Pornpen Thippayana; Aekkachai Nittayagasetwat (National Institute of Development Administration, 2014)

    The objective of this dissertation is to study the firm-, industry-, and countrylevel factors influencing the capital structures of the listed firms in ASEAN. The 3,750 samples are collected annually for 12 years from 2000 to 2011, resulting in 45,000 firm-year observations. The pooled ordinary least squared regression is used in the analysis for all combined three-level features. The leverage measures cover various proxies of capital structures. The evidence shows that firm size and tangibility are significantly and positively related to ...
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    CEO reputations and dividend payouts 

    Danai Likitratcharoen; Tatchawan Kanitpong, advisor (National Institute of Development Administration, 2011)
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    Corporate governance and the linkage 

    Jannipa Ruangviset; Viput Orgsakul (National Institute of Development Administration, 2014)

    This paper provides and event study evidence on whether the announcement of the corporate governance (CG) scoring affects firms' market value in the Thai capital market. To find out the results, this paper conducts an event study and employs the 3 methodology ...
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    Determinants of market quality : a case of the stock exchange of Thailand 

    Pradit Withisuphakorn; Aekkachai Nittayagasetwat, advisor (National Institute of Development Administration, 1998)
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    Earnings management and firm value : the role of investor protection and corporate governance 

    Nopphon Tangjitprom; Kanogporn Narktabtee, advisor (National Institute of Development Administration, 2012)
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    Evaluating credit scoring models 

    Vesarach Aumeboonsuke; Dryver, Arthur L, advisor (National Institute of Development Administration, 2011)
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    Financial performance reporting : the effect of proposed financial statements on investors' operating performance evaluation judgments 

    Orapan Yolrabil; Somchai Supattarakul, advisor (National Institute of Development Administration, 2009)
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    Fixed asset revaluation : management motivation and value relevance 

    Pisek Chainirun; Kanogporn Narktabtee, advisor (National Institute of Development Administration, 2006)
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    Informativeness of earnings and board characteristics : evidences from Thailand 

    Parinda Maneeroj; Angkarat Priebjrivat, advisor (National Institute of Development Administration, 2006)
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    Long-Horizon stock returns predictability : evidence from the Stock Exchange of Thailand 

    Suthawan Prukumpai; Kamphol Panyagometh, advisor (National Institute of Development Administration, 2012)
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    Management and financial distress : the case of Thai listed companies 

    Surang Mainkamnurd; Ackkachai Nittayagasetwat, advisor (National Institute of Development Administration, 1999)
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    Managerial ability and dividend policy : evidence from U.S. market 

    Veeranuch Leelalai; Kamphol Panyagometh (National Institute of Development Administration, 2015)

    Dividends have long been acknowledged as profit-distributing mechanisms in classical corporate policy and are important in key investment and financial decision-making. Dividends have continued to be famously debated by scholars for almost a century. On various perspectives, many scholars have debated back and forth on their relevancy to firm performance and value.
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    Performance of Islamic indices : The opportunity for non-muslim countries 

    Sarina Preechalert; Anukul Chiralaksanakul (National Institute of Development Administration, 2015)

    Hitherto, comparative study of Islamic finance in both non-Muslim and Muslim countries is scarce. This is including the area of investment in Islamic equity portfolio in non-Muslim countries. Consequently, it is interesting to study performance comparison of investment in Islamic financial products such as Islamic indices created by Muslim and non-Muslim countries. Results obtained from this research will be useful for investors as investment information and for Islamic and non-Islamic countries alike to create investment alternatives such ...
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    Performance of real estate investment in capital market 

    Jiroj Buranasiri; Aekkachai Nittayagasetwat advisor (National Institute of Development Administration, 2012)
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    Red flags on financial failure : the case of Thai corporations 

    Jinda Khunthong, 1951-; Aekkachai Nittayagasetwat, advisor (National Institute of Development Administration, 1997)

    This study is to identify red flags on financial failure of Thai corporations, since the collapse of many business firms, especially the financial institutions and real estate firms in 1997. Red flags are indicators for possible cause for concerned specific areas that represent potential problems; here it is limited to financial failure. Using red flags as warning signals for financial failure will efficiently help the users of the financial statements in their decision making. In addition, the study includes prediction performance and experimental ...
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    Segment reporting in practice and quality of segment information of listed companies in Thailand 

    Manatip Chankitisakul; Kanongporn Narktabtee, advisor (National Institute of Development Administration, 2006)
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    Stock market fund flows and return volatility 

    Chollaya Chotivetthamrong; Aekkachai Nittayagasetwat (สถาบันบัณฑิตพัฒนบริหารศาสตร์, 2014)

    Market fund flows analysis is one of the topics in financial structure in part of investment decision making. Market fund flows has been known as a term of market returns and/ or volatility, as indicator of market movement. Both of them explain not only the market movement but also evaluate the market performance. As a result, the investors would know the investment techniques on the volatility of stock prices. There are several empirical studies that have studied about the returns and volatility effect to market movement since 1987 due to ...