directors’ respective roles and responsibilities, linked to their individual and company performance, and provide incentives for the board to lead the company in meeting its objectives, both in the short and

. Navigating complex tax incentives for retirement saving 1. Life-cycle patterns of retirement saving and adequacy implications 7 32.6% 38.7% 25.3% 3.4%Others Provident funds Mutual funds (RMF/SSF) Insurance 100

peripherals such as hard disk drives and PCBA products as compared to previous year. 2. Cost of sales For the year 2018, the Company’s cost of goods sold was Bt. 107,611.73 million or 95.26% of sale revenues

ถาบนัวทิยาการจดัการ มหาวทิยาลยัเกษตรศาสตร ์วทิยาเขตศรรีาชา 1 Content 01 02 03 04 05 06 Motivations Research Objectives Research Framework and Literature Research Design Results Conclusions 2

tax income from BOI incentives that permit to carry forward losses (as in the early stage of first production line operation, company has annual losses) and deduct them as expenses for up to five years

employees, and incentives of Project Management and Service Department. The expenses increased in line with the number of employees. In 2019, the number of employees in Project Management and Service

management and service department. Beginning in 2017, the Company has recorded the incentive expenses under personnel expenses. The incentives are paid to the employees of project management department on the

until June 2021 as well as introduction of tax incentives on car purchase in Indonesia until December 2021 will stimulate the demand of vehicles in 2021. 2. Loss After Taxation (“LAT”) For the financial

Baht and 15.46 million Baht respectively. The expenses were comprised of the salaries, bonuses, related expenses of the employees, and incentives of Project Management and Service Department. The

process, incentives or rewards to employees with good performance, and management measures for employees who do not achieve the targets. Such processes are well informed to executives and employees. 4.3 The