FAMILY-FIRMS • Primary agency problem: Majority shareholder versus minority shareholder - Primary concern here is protection of minority shareholder interests. • Balancing positive weights of family
, shareholders who have conflict of interest in this issue are excluded from the vote. The Company also needs to prepare the disclosure of information memorandum. In order to approve this connected transaction
the registrar. The profit for the period therefore decreased as mentioned before. The Company has set procedure to solve the mentioned problem and believes that the ratio of net claim expenses over
Company Limited ("IFEC"), acquired the knowledge from the Board of Directors Meetings No. 11/2016, held on 1 November 2016, that IFEC faced a problem with insufficient cash flow to pay off its
doubtful accounts 50% of the debt overdue 181 days - 365 days, due to the debtors have been in long term business with the Company and there’s no problem of payment. Furthermore, the debtor has requested for
. transactions from shareholders’ meeting wit attend and grant the right to vote. However, shareholders who have conflict of interest in this issue are excluded from the vote. The Company also needs to prepare the
. Meanwhile, the private sectors continued to slow down investment. Private households in various sectors paid more attention on spending because there were still having problem on purchasing power and incomes
financial statement ended March 31, 2019 or Baht 7.86 million lower due to raw material supply problem. Cost of sales decrease from Baht 9.87 million for the three-month period financial statement ended March
problem of purchasing power and incomes which have not yet recovered. Furthermore the liability stayed in high level and this was slightly speeded up the consumption. Therefore, it affected the expense
financial statement ended June 30, 2019 or Baht 6.47 million lower due to raw material supply problem. Cost of sales decrease from Baht 7.20 million for the three-month period financial statement ended June