that the person giving advice does not receive a fee or a reward, either directly or indirectly, for such giving an opinion or sharing knowledge or experience, for example, not receiving a share of the
agreement. Remark: About increased remuneration, the Hwa Fong Rubber Industry Co., Ltd (HFR) consider and compared with the compensation of HFR paid to technical team at Taiwan and This year, it is necessary
PRINCIPLES OF CORPORATE GOVERNANCE © OECD 2015 23 shareholder meetings, on the remuneration of board members and/or key executives, as applicable. The equity component of compensation schemes for board members
, please describe 2 How the firm’s job evaluation / appraisal process works? How often job evaluation made? 3 Does the firm’s appraisal process gives due recognition and reward to competence, compliance with
) Selling expenses (12,173) (2,904) 9,269 (319.18) Administrative expenses (19,136) (13,982) 5,154 (36.86) Directors and managments' remuneration (5,466) (4,038) 1,428 (35.36) Loss on exchange rate (5,944
, remuneration, development, and performance evaluation. e) Ensuring appropriate compensation architecture that supports achievement of the company’s objectives. a) Formulating and reviewing policies and
Governance Network (2014) 7 Section A: Board 1.0 Responsibilities 8 2.0 Leadership and independence 9 3.0 Composition and appointment 11 4.0 Corporate culture 12 5.0 Risk oversight 13 6.0 Remuneration 14 7.0
its personnel? 12 Does the firm’s appraisal process gives due recognition and reward to competence, compliance with ethical requirements and quality performance? How does it work? 13 What criteria are
Independent director Board Remuneration Roles and responsibilties Q: Who does the term, “executive" mean in the Securities and Exchange Act B.E. 2535 (1992) (SEA)? A: The term, “executive" means a
benefit to be received (the value of ESOP minus the market value) Opinion of the compensation committee on the reason, necessity and benefit that the company will gain. The committee consists of: At