appropriateness in respect of trustworthiness in managing business whose shares are held by public shareholders as specified in the notification of the SEC. 13 SECTION 89/4 In addition to the ground for removal
proceeding regarding capital market supervision or lacking of appropriateness in respect of trustworthiness as prescribed in Clause 24; (2) prohibited characteristic of Group 2 which is the case of being taken
others? We leave these questions for future research. 12 REFERENCES Barber, B. M., Odean, T., & Zheng, L. (2005). Out of sight, out of mind: The effects of expenses on mutual fund flows. The Journal of
’ over- sight system (mutual reliance) and increase the ability of Thai listed companies to raise funds in EU countries. • Asian Corporate Governance Association (ACGA) and CLSA Asia-Pacific Markets
the Audit Committee chairperson, This shall contain the following information as a minimum: Opinions concerning the correctness, completeness and trustworthiness of the financial reports of the
emphasis on, and strive to improve, the quality control in every element on a continued basis. This will help to promote audit quality and build trustworthiness of the financial reporting system of the Thai
. The SEC Office shall publish the names of the trustees approved to undertake trust business. SECTION 56 Where it is necessary to maintain integrity or trustworthiness of the system of trust business
or trustworthiness of the system of trust business, the SEC shall have the power to specify conditions for undertaking trust business. In cases where there has been a change in the necessary