certifying financial statements of entities whose securities are publicly traded in main board of foreign stock exchange, shall be granted the approval as foreign auditors in the capital market withoutfull
Stock Exchange of Thailand. An FA is obligated to ensure that the companies disclose thorough, accurate and sufficient information for investors in making decisions. An FA is required to provide opinions
disclosed in the mutual fund schemes and relevant rules, etc. The SEC and the SET are therefore proposing the principles for amending the regulations on approval for issuance and offering for sale of newly
the capital market, for example, in the forms of policy and framework. The Thai Government designated 2002 as the “Year of Good Corporate Governance.” The National Corporate Governance Committee (NCGC
specified in the relevant Notifications of Capital Market Supervisory Board. Independent directors are an important part of the oversight to promote good corporate governance and protect company’s and
take further inspection on the case. The Capital Market Supervisory Board may issue notification determining type of suspicious circumstances for auditor to use as guidelines in auditing company's
for Capital Market committee, established by SEC after introducing the “DLT Implementation as Digital Infrastructure of Capital Market” program in last September, is comprised of representatives from
and David Dodd in 1934 • Finding price-intrinsic value discrepancies in the market • Various price-based ratios and future stock returns ⋄ Earnings-to-price ratio (Basu, 1977) ⋄ Dividend-to-price ratio