monitor the effectiveness. However, there is still room for improvement for Thai listed companies. For instance, there should be a system to review and monitor how the corporate strategies are implemented
Exchange Commission. The effectiveness of this registration statement neither represents that the Securities and Exchange Commission, the Capital Market Supervisory Board or the Office of Securities and
Exchange Commission. The effectiveness of this registration statement neither represents that the Securities and Exchange Commission, the Capital Market Supervisory Board or the Office of Securities and
representative, or CIS operator. The copy of this registration statement has been registered with the Office of Securities and Exchange Commission. The effectiveness of this registration statement neither
intermediary, local representative, or CIS operator. The copy of this registration statement has been registered with the Office of Securities and Exchange Commission. The effectiveness of this registration
representative, or CIS operator. The copy of this registration statement has been registered with the Office of Securities and Exchange Commission. The effectiveness of this registration statement neither
intermediary, local representative, or CIS operator. The copy of this registration statement has been registered with the Office of Securities and Exchange Commission. The effectiveness of this registration
Agarwal, Lucca, Seru, and Trebbi (2014) finding of better federal vs state regulators of banks. INTERPRETATION • Large geographical variation in enforcement effectiveness • Funding seems to be an important
Retention of free cash flows SUMMARY 26 • Effectiveness of firms’ CG system • Protection of minority shareholders • Reduction of the cost of capital • Prevention of the waste of capital • More @ www.arx.cfa
กรรมการที่มีประสิทธิผล Strengthen Board Effectiveness หลักปฏิบัติ 3.1 คณะกรรมการควรรับผิดชอบในการกำหนดและทบทวนโครงสร้างคณะกรรมการ ทั้งในเรื่องขนาด องค์ประกอบ สัดส่วนกรรมการที่เป็นอิสระที่เหมาะสมและจำเป็น