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Market Maturity Matters: Analyzing the Performance Impact of Listing Duration

Market Maturity Matters: Analyzing the Performance Impact of Listing Duration

Abstract

Given the fact that the equity market contributes a significant amount to Thai economy and increasing participants and interest by Thai companies, these facts inspire and motivate us to establish a study to analyze whether the stock market can indeed be an active booster of company performances and characteristics of companies which will be beneficial from being in the stock market. These results can support higher listing interest from companies, provide actionable ideas to companies aiming to improve their performance in the competitive arena, and suggest improvements for the stock market to further establish a stronger capital market penetration and foundation in Thailand. The main hypothesis driving this project is to examine whether “aging in the market” contributes to measurable improvements in a company’s performance. Specifically, we seek to understand if the presence of Thai companies in the Stock Exchange of Thailand correlates with enhanced operational outcomes, thereby providing insights into the true benefits of public listing on long-term performance.

Objective

Given the fact that the equity market contributes a significant amount to Thai economy and increasing participants and interest by Thai companies, these facts inspire and motivate us to establish a study to analyze whether the stock market can indeed be an active booster of company performances and characteristics of companies which will be beneficial from being in the stock market. These results can support higher listing interest from companies, provide actionable ideas to companies aiming to improve their performance in the competitive arena, and suggest improvements for the stock market to further establish a stronger capital market penetration and foundation in Thailand.

Other Innovations

A Study of Sound Absorption Material Using Rubber Powder from Old Tires

คณะวิศวกรรมศาสตร์

A Study of Sound Absorption Material Using Rubber Powder from Old Tires

In Thailand, the quantity of old tires has been increasing annually, posing a significant environmental challenge due to their non-biodegradable material. However, old tires contain an internal porous structure, which suggests their potential application as sound-absorbing materials. Porosity is a key characteristic that enables materials to trap sound waves, making them effective for noise reduction. Therefore, this study aims to investigate and develop sound-absorbing materials from old tire rubber powder. The methodology involved mixing old tire powder with fresh latex at a ratio of 1:2, followed by drying at a temperature of 120°C for four hours. Subsequently, the physical properties influencing sound absorption, including density, porosity, and water absorption, were analyzed. The results indicated that the sound-absorbing material produced from old tire rubber powder showed a density of 0.96 g/cm³, a porosity value of 0.45, and a water absorption of 11.03%. Therefore, the findings suggest that old tire rubber powder has the potential to be effectively utilized as a sound-absorbing material.

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Herby gel

คณะศิลปศาสตร์

Herby gel

The Herby gel are products developed to relieve stress and headaches, which often result from heavy work, a fast-paced lifestyle, or hot and humid weather. The patches are made from natural ingredients such as peppermint, neem leaves, gotu kola, aloe vera, and other herbs that effectively alleviate these symptoms. Free from alcohol, this product is safe to use and provides a cooling, soothing, and refreshing effect on the skin. It is easy to use, convenient to carry, and suitable for use in any situation, making it a practical solution for everyday discomfort.

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PRIVARY

คณะอุตสาหกรรมอาหาร

PRIVARY

The "PRIVARY" product is an innovative herbal jelly beverage designed to support weight management and promote health through the benefits of four Thai herbs: roselle, safflower, chrysanthemum, and bitter melon. These herbs are rich in active compounds such as flavonoids, beta-carotene, and anthocyanins, which help reduce blood lipids, prevent inflammation, and exhibit antioxidant properties. The product emphasizes convenience and caters to health-conscious consumers using advanced production techniques like Inverse and External Gelation to create spheres encapsulating key bioactive compounds. Additionally, the product aligns with sustainability goals by enhancing the value of Thai herbs and supporting local communities.

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