inspection cycle results (2013 – 2015). Figure 2: Percentage of the audit firms, categorized by scores in each element of TSQC 1 in 3 inspection cycle LD ER AC HR EP MO 1.38 1.40 1.60 1.06 2.36 1.41 21% 18% 36

standards and relevant regulations as well as being communicated to the personnel. Moreover, the inspection results of individual audit engagements in 2017 showed that the overall audit quality had improved

efficient and effective monitoring process. Along the same line, the inspection results of individual engagements showed promising improvement of audit quality in the capital market, as reflected in the

fiscal year 2020 onto which individual auditors in the capital market affixed signature in giving opinions in the auditor’s report. Listed companies per auditor ratio (company:person) market capitalization

Re: Guidelines for the Book Building and the Determination of Offering Price to Public and Individual

Re: Guidelines for the Book Building and the Determination of Offering Price to Public and Individual (No. 2)

following manners: (a) a spouse or a minor child of such person; (b) an individual or a company holding majority shares of such person, which means: 1. an individual or a company holding shares of such person

spouse or a minor child of such person; (b) an individual or a company holding majority shares of such person, which means: 1. an individual or a company holding shares of such person in a number exceeding

underwriter in the following manners: (a) a spouse or a minor child of such person; (b) an individual or a company holding majority shares of such person, which means: 1. an individual or a company holding

; (b) an individual or a company holding majority shares of such person, which means: 1. an individual or a company holding shares of such person in the number of exceeding fifty percent of the total