system ● Put in place a “competency-based” management system for staff performance evaluation and development ● Adopted a “performance-based” rewards system, with an appropriate employee compensation

shall not be executives, staff members, or employees of the securities clearing house or its affiliate; (2) set up a unit for managing risks according to policies concerning risks, provided that payment

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

shareholders acting in concert. The SEC has a large staff and pays competitive salaries The SEC is operation- ally independent, but reports to the govern- ment and MoF The SET is state owned and has broker

impede staff operation. All departments were required to set up their separate contingency plan to alleviate the impacts of such emergencies and ensure normal and continual operation of businesses in the

85 87 88 102 102 103 Total staff: 422 2 Broker-Dealer Supervision Dept. 36 staff Market Supervision Dept. 9 staff Supervision Dept. 43 staff Supervision Dept. 29 staff Securities Business Senior

Fund Raising of Businesses and Privatization of State Enterprises ■ Support for Unlisted Companies in Preparing to be Listed so that will Pave Way for Long-term Supply of New Products for the SET

IPOs of 28 companies. At the same time the value of debt instrument offerings was 193,330 million baht. Moreover, Stock Exchange of Thailand (SET) had the distinctions of being the worldûs best

active in commenting on proposals by international standard setters. Local conditions may require the adoption of a set of domestic standards. Until full convergence is achieved with international

excellent opportunities for sustainable growth, so we can say that good CG adds to a firm’s value and sustains its growth. In 2002, The Stock Exchange of Thailand (SET) supported listed firms have to good CG