, corporate social responsibility and firm commitment against corruption; which will pave the way for them to become role models for others in the Thai business sector. Among 567 listed companies comprising 472

firm to perform duty as local intermediary in Thailand ( issued by Qualifying CIS Operator ) [ ] 6. Evidence on the appointment of a local representative in Thailand as the agent of the Qualifying CIS

of a brokerage firm to perform duty as local intermediary in Thailand (issued by Qualifying CIS Operator) [ ] 6. Evidence on the appointment of a local representative in Thailand as the agent of the

Analysis Summary of Audit Inspection Results A. Firm Level B. Engagement Level Essential Statistics 49 4412 46 0402 07 Contents Executive Summary The capital market is a fundamental component in driving Thai

REGULATORS 1. Maintenance of records 2. Scheduled or surprise audits involving site visits to firm headquarters 3. Follow-up investigations for complaints BUT DOES NOT ADJUDICATE 4. Issue sanctions

range 80-100%Score range 0-20% Score range 60-80%Score range 40-60%Score range 20-40% Fund 2Fund 1 Stock A ,B,C =70% Stock X ,Y,Z =30% Active share Similarity However, at the firm level, controlling for

equities ratio Firm size ln_TA Natural logarithm of total assets Growth Rate Growth (Revenuest-Revenuest-1)/Revenuest-1 Industry INDUSF Industry fixed effect Country COUNF Country fixed effect Year YF Year

firm to enhance the overall strength of audit firms in the capital market SEC public hearing on proposed principles for shelf filing ICOs in soft power industries to promote Thailand’s digital economy

requirement of minimum number of auditors in the capital market in an audit firm to enhance the overall strength of audit firms in the capital market SEC, SET and IOD jointly host a seminar on “Preventing

take legal action against wrongdoers. This includes imposing penalties on any securities firm that gets involved or colludes with the commission of such offense. Furthermore, the SEC has issued