company must arrange to have a monitoring process for the allocation to comply with the decision of the board of directors. For instance, an internal auditor may be assigned to monitor the allocation, etc
metric is the corporate culture score, which is calculated as the total of the values assigned to the five culture traits in Guiso, Sapienza, and Zingales (2015). This is the same metric used by Li et al
characteristics deemed inappropriate to be entrusted with business management of a publicly held company fall into three cases as follows: (1) general untrustworthy characteristics as detailed in Clause 4; (2
that the basis of rules and regulations which would serve as management standards must be set out. In this respect, management companies, which are entrusted by their customers, shall manage the
of rules and regulations which would serve as management standards must be set out. In this respect, management companies, which are entrusted by their customers, shall manage the investments on the
regulations which would serve as management standards must be set out. In this respect, management companies, which are entrusted by their customers, shall manage the investments on the basis of integrity and
characteristics ”5 means other capital market products which is not capital market product having high-risk or complex characteristics; “ general manager ” means a person who is assigned by the board of directors
capital market product having high-risk or complex characteristics; “general manager” means a person who is assigned by the board of directors to be the highest level responsible person in the management of
uniform assessment criteria. In the 2021 ACGS, the corporate disclosure from 2020 served as the basis for the assessment. The SEC Thailand assigned the Thai Institute of Directors the role of CG Expert and
transactions (particular risks might arise when multiple users access a common database); • The possibility of IT personnel gaining access privileges beyond those necessary to perform their assigned duties