knowledge and understanding of the general law governing professional practices. Directors, managers and persons with power of management who are responsible for the work unit relating to the functioning as
has been created for fund managers to screen listed companies for investment. This entire process demonstrates the commitment of AMCs and Thai ESG Funds. Investors can rest assured that their
ใน (Internal) 3 I. INTRODUCTION Imperfect capital market: • Agency Theory –Principal vs. Agent Relationship– • E.g. managers vs. shareholders/ shareholders vs. debtholders/ among shareholders
(1984) find that fund managers have no stock selection and market timing ability, concluding that active strategy could not outperform the passive strategy. • Grinblatt and Titman (1994) find that few
estimated, and not guaranteed, for the ………… period ending as of …………….”; (2) specify clear and easy-to-understand information related to a sensitivity analysis that has been audited by an auditor or a
used by financial analysts to understand a company’s efficiency and profitability based on data found in financial statements. Use: The primary way of aggregating an economic activity to a company level
individual director understand their roles and responsibilities, the nature of the business, the company’s operations, relevant law and standards, and other applicable obligations. The board should support all
comply with applicable law and standards. Guidelines 6.1.1 The board should be aware of and understand the nature and scope of the company’s principal and substantial risks and should approve the risk