EBookClubs

Read Books & Download eBooks Full Online

EBookClubs

Read Books & Download eBooks Full Online

Book The Impacts of Foreign Investment on Thailand s Stock Market

Download or read book The Impacts of Foreign Investment on Thailand s Stock Market written by Metha Saowamas and published by . This book was released on 1999 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Impacts of Foreign Investment on the Thai Stock Market

Download or read book Impacts of Foreign Investment on the Thai Stock Market written by Tipwan Wannasophon and published by . This book was released on 1997 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Foreign Direct Investment in Thailand  With Special Reference on European Foreign Direct Investment in the Thai Manufacturing Sector

Download or read book Foreign Direct Investment in Thailand With Special Reference on European Foreign Direct Investment in the Thai Manufacturing Sector written by and published by Cuvillier Verlag. This book was released on 2005-05-19 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The terms of foreign direct investment (FDI) is frequently considered as concurrently being one of the consequences and drivers of globalisation which result from the existence and actions of multinational corporations (MNCs). In the process of opening up economies toparticipate in some of the positive impacts of globalisation, most of the countries position themselves in respect of attracting foreign direct investment. Besides, the power to attract investment from abroad and its positive impact in improving economies is valued as an important ingredient of the path to successful economic growth and development. The major reason supporting the importance of FDI as a factor in economic growth, particularly in developing countries, is that it can bring to the host economy a number of benefits such as employment generation, business culture, technology transfer, and capital formation.

Book Foreign Capital Flows to Thailand

Download or read book Foreign Capital Flows to Thailand written by ʻAmmā Sayāmwālā and published by . This book was released on 1999 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reports on Thailand as a country case study in the project on "Supply Side of Capital to Emerging Economies", funded by OXFAM as part of a research program on Global Capital Flows.

Book The Impact of Attention on Investors

Download or read book The Impact of Attention on Investors written by Eduard Schmidt and published by . This book was released on 2016 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the influence of attention on three investor groups: individual investors, institutional investors and foreign investors in the setting of the Thai stock market between 2011 and 2014. To measure the impact of attention I sort stocks by their extreme daily returns and by their abnormal trading volume on a certain day. Purchasing stocks that grabbed ones attention earlier is a way to deal with the problem of having to choose from thousands of stocks that one could potentially buy. I test and confirm the hypothesis that individual investors are net buyers of attention grabbing stocks. Furthermore I hypothesize that attention affects different investor groups to a different degree in their buying behavior. I confirm that individual investors engage the most in attention driven buying behavior. Surprisingly I find strong evidence for attention driven buying behavior for institutional investors as well. Foreign investors merely show tendencies for purchases driven by attention grabbing stocks.

Book Trends and Impacts of Foreign Investment in Developing Country Agriculture

Download or read book Trends and Impacts of Foreign Investment in Developing Country Agriculture written by Pascal Liu and published by Food & Agriculture Organization of the UN (FAO). This book was released on 2013 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Substantial increases in agricultural investments in developing countries are needed to combat poverty and realize food security and nutrition goals. There is evidence that agricultural investments can generate a wide range of developmental benefits, but these benefits cannot be expected to arise automatically and some forms of large-scale investment carry risks for host countries. Although there has been much debate about the potential benefits and risks of international investment, there is no systematic evidence on the actual impacts on the host country and their determinants. In order to acquire an in-depth understanding of potential benefits, constraints and costs of foreign investment in agriculture and of the business models that are more conducive to development, FAO has undertaken research in developing countries.This publication summarizes the results of this research, in particular through the presentation of the main findings of case studies in nine developing countries. It presents case studies on policies to attract foreign investment in agriculture and their impacts on national economic development in selected countries in Africa, Asian and Latin America.

Book The Impact of Foreign Investment in Thailand

Download or read book The Impact of Foreign Investment in Thailand written by Wanish Sribua-Iam and published by . This book was released on 1980 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Market Segmentation and Foreign Price Premium in The Stock Exchange of Thailand

Download or read book Market Segmentation and Foreign Price Premium in The Stock Exchange of Thailand written by Luxvara Piamworrakaroon and published by . This book was released on 2016 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign share premium in Thai stock market has exhibited the downward trend during 2002 to 2014. This study attempts to explain this phenomenon by three hypotheses which are demand differential, information availability, and diversification benefit. The panel regression and cross-sectional regression are employed to account for variation of foreign share premium over time and across firms. The results of the study show that demand differential between foreign and domestic investors plays important role to explain foreign share premium. As foreign investors' demand for Thai stock is downward sloping, lower foreign room left relative to foreign ownership limit indicates higher foreign demand and higher foreign share premium for that stock. Moreover, foreign investors are likely to shift their investment from traditional foreign share on the Foreign Board to Non-Votiing Depository Receipt (NVDR) over time as it is a close substitute investment of domestic share for foreign investors. The existence of NVDR cause foreign investors' demand to become more elastic resulting in lower foreign share premium. Together with information availability hypothesis, foreign investors are interested to invest in larger firms and firms with more analyst coverages, via NVDR rather than foreign share on the Foreign Board, since they need not to concern about foreign ownership limit. Nevertheless, diversification benefit is the motive driven foreign investors to invest in domestic share on the Foreign Board. For any stock, if its return yields lower correlation with market portfolio return, it shows the higher diversification benefit and results in higher foreign share premium.

Book Do Small Firms Benefit More from Foreign Portfolio Investment  Evidence from a Natural Experiment

Download or read book Do Small Firms Benefit More from Foreign Portfolio Investment Evidence from a Natural Experiment written by Tanakorn Makaew and published by . This book was released on 2009 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze the stock market impact of Thailand's unique restriction on portfolio capital inflows. The Thai government imposed a very stringent capital control on December 19, 2006 and then quickly abandoned it on December 20, 2006. While many other studies have been plagued with the difficulty of separating the impact of foreign capital from the impact of other concurrent events, this natural experiment helps us alleviate the time-series identification problem. Our results suggest that foreign portfolio investment helps large firms more, contrary to existing evidence which finds a benefit of foreign portfolio investment for small firms. We also investigate the importance of other firm characteristics correlated with size including a firm's exchange rate exposure, foreign ownership, and political connection.

Book Foreign Direct Investment and Its Impact on the Thai Economy

Download or read book Foreign Direct Investment and Its Impact on the Thai Economy written by Panvipa Lekluanngarm and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Foreign Direct Investment in Thailand

Download or read book Foreign Direct Investment in Thailand written by Duangkamon Vercaemst-Desmet and published by . This book was released on 2009 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Foreign Ownership  Foreign Limit and the Speed of Price Adjustment in Thai Capital Market

Download or read book Foreign Ownership Foreign Limit and the Speed of Price Adjustment in Thai Capital Market written by and published by . This book was released on 2009 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis examines whether foreign investors have an information advantage to local investors. By assuming the source of lead-lag relation comes from the difference in the speed of price adjustment to information and information advantages, the paper tests whether stocks with higher foreign ownership adjust faster to new information. This hypothesis is motivated by the common believe that foreign investors are better informed than local investors. Moreover, the paper also examines whether the difference in levels of foreign ownership and foreign limit can be claimed as the causes of cross-autocorrelation in stock returns, which has been found in Thailand. Data is obtained from January 2001 to December 2008 from the Stock Exchange of Thailand. This research performs three different models; the vector autoregressive (VAR) model, asymmetric regression and Dimson beta regression. This paper controls for the firm size. VAR shows that returns of low foreign ownership stocks lead returns of high foreign ownership stocks and returns of high foreign limit stocks lead returns of low foreign limit stocks. It means foreign investors do not have an information advantage over locals and degrees of foreign limit can delay information diffusion. The asymmetric regression presents that there is no difference of stocks' response to good and bad market-wide news. While Dimson market beta model shows that the slow adjustment to returns on market as a proxy of market-wide information causes the lead-lag relation between high and low foreign ownership stocks but doesn't cause the lead-lag relation between high and low foreign limit stocks. Both of foreign ownership and foreign limit cannot solely be claimed as the causes of the cross-autocorrelation in stock returns found in Thailand.

Book Research of the Impact from Foreign Stock Markets to Stock Exchange of Thailand Using Principal Component Analysis

Download or read book Research of the Impact from Foreign Stock Markets to Stock Exchange of Thailand Using Principal Component Analysis written by Sasi Sriwasuta and published by . This book was released on 2011 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: