progress and remaining challenges, and formulated common policy objectives and a practical reform agenda. Awareness of the OECD Principles of Corporate Governance is now high in the region. In fact, all

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

the relationships among the management, board of directors, controlling shareholders, minority shareholders and other stakeholders. Good corporate governance contributes to sustainable economic

. 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

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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

as the reform of market institutions and infrastructure to enhance their effectiveness and efficiency. Furthermore, the Plan gives high priority to the systematic promotion of good governance in all

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

the Thai capital market are (1) promotion of good corporate governance, which at present, has received high acceptance and put into practice among both public and private sectors, (2) reduction of

following matters: (1) good governance and clear, transparent organization structure; (2) effective risk management for legal, credit, liquidity, operation, and other risks, with measures to appropriately