capital to be allocated to Private Placement Investors ( the “ Private Placement transaction” or “ PP transaction” ) who are not considered a related parson pursuant to the Notification of the Capital

to enter into futures contracts for hedging or investment purposes to increase their management efficiency and the regulations on the use of trusts in the capital market transactions were issued to

of interest. Under these guidelines, it is advised that the Board members should not be appointed as members of more than four sub- committees or steering groups to ensure efficiency of duty

% -4% 5,533 5,780 4% Q3/2017 when compared to Q3/2016, Bangchak refinery average crude run was 110.3 KBD or 92% utilization rate, which is still in high range even though there was a malfunction at the

Corporate social responsibility (CSR) has several attributes that are inherently unobservable or measured with errors. This study proposes an alternative methodology to account for measurement errors in CSR

companies scoring Yes or Partial were 71% for the > 250bn baht group, 61% for the 110bn - 250bn group and 45% for < 110bn group. The first section of the assessment framework reviews general ESG management

(Internal) 4 I. INTRODUCTION (CONT.) Real economy: • Market failure: • E.g. financial constraints, uncertainty, dynamic externality. • Then, in capital investment (CAPEX), e.g. R&D expenditures (Choi & Lee