unlisted companies. Corporate governance involves a set of relationships between a company’s management, its board, its shareholders and other stakeholders. Corporate governance also provides the structure
governance frame- work. For instance, in Asia the prevalence of controlling shareholders might require more focus on independence of the board to monitor the management and effective protection of minority
the relationships among the management, board of directors, controlling shareholders, minority shareholders and other stakeholders. Good corporate governance contributes to sustainable economic
Management 43 Investment Adviser 48 Enforcement 53 Market 57 International Cooperation 60 Corporate Affairs Appendices 63 Capital Market Performance 2002-2004 69 https://www.sec.or.th/EN/Documents/AnnualReport
efforts in strengthening corporate governance in the industry. In the year ahead, countless different challenges are bound to arise and test our strengths, but I believe the SEC management and staff will
. Kellogg Graduate School of Management, Northwestern University, USA, he taught at the National Institute of Development Administration (NIDA) before entering politics. M.R. Pridiyathorn Devakula M.R
basic knowledge in personal money management and investment in the capital market. In 2001, the SEC has developed plan to use radio program, articles in magazines, and mobile exhibitions to promote the
monitoring and supervising of their provident fund management. In 2003, the SEC produced a VCD movie entitled çRoles and Duties of Provident Fund Committeeé as a self-educating kit to explain basic knowledge
governance guidelines cover the key areas of risk management, internal control, code of conduct, conflict-of-interest management, handling of complaints against the SEC's staff and communication with
amendments are expected to enhance flexibility and industry adjustment to the fast changing market environment;3. Supervision of Mutual Fund Management: The mutual fund governance structure would be revised to