Purpose: This study examines the effects of comparable companies, within the same industry, on cash-holding (CH) levels of a specific firm in the Stock Exchange of Thailand (SET). Peer effects are hypothesized to affect a firm's average CH levels. ...

Fund selectivity and market timing are two fundamental fund manager’s abilities that determine fund performance. These issues are re-visited to investigate selectivity and market timing aspects of Thai equity funds from 1992 to 2004. Because this time period contains a business cycle, the...

This research explores the relationship between family-owned businesses, ESG practices, and long-term firm performance. Family businesses prioritize financial outcomes over ESG practices but achieve better financial performance. Larger firms tend to have higher ESG scores, indicating more robust...