consultation that received more than 80 submissions from a great variety of stakeholders were also held. Following the request by the G20 Finance Ministers and Central Bank Governors at their meeting on 9-10

independence of some long-tenured board members and SOE directors. In practice, the controlling shareholder still has great influence board selection. The controlling shareholder may also pick the CEO, which is

now well-positioned for a new chapter. In this regard, while a great deal has been achieved, I believe that the years ahead call for much more work and cooperative efforts. We must continue to be pro

that time a great deal has changed in the Asian corporate governance landscape, in great measure due to the continued operation of the Asian Roundtable. Moreover, the OECD Principles were themselves

support the Board's supervision of the SEC operation and ensure transparency and reliability in accordance with international corporate governance standards. 1. Composition and Meeting The Audit Committee

Fund and Government Pension Fund Insurance Companies Domestic Companies Foreign Companies Others Figure 4: Composition of Market Participants in the Thai Bond Market* in 2007 The new issuance value of

. Composition of the committee and qualifications and responsibilities of committee members shall be prescribed by the Capital Market Supervisory Board and SET. Committees appointed by the board of directors to

. to attend shareholdersû meeting, but still not permitting to vote. This aims at eliminating obstacles of many listed companies in case of a short of quorum. So far, NVDR has attracted a great deal of

, the SEC has issued 2 publications about provident fund. In 2001, the SEC has also participated in “Investors Fair 2001,” organized by the SET, which has received a great deal of public attention. The