shareholder). Many of these transactions facilitate normal day-to-day business of the business group and might be economically efficient. Examples of such transactions are sale or purchase of goods, and
-site operation in case of emergency. With the backup of necessary electronic data, the web-based systems can function via the DRC site in case of longer-than- expected failure of the main system. Regular
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
possess appropriate qualifications and comply with proper standard of practices and ethical code of conduct to best protect interest of investors, the SEC has issued regulations requiring that investment
the execution of electronic transactions which would be deemed as fully legitimate as normal transactions, for example, transactions related to businesses under the SEC supervision, subscription
or through mutual agreements. The chapter also supports stakeholders’ access to information on a timely and regular basis and their rights to obtain redress for violations of their rights. V
shaping was done in the area of issuer integrity. All public companies were encouraged to set their own definitions for eligibility of independent directors, to exceed the minimum standard. All directors
as fully legitimate as normal transactions, for example, transactions related to businesses under the SEC supervision, subscription, issuance and settlement of securities, and organization of
), which is presented as a separate annex. What is corporate governance? Corporate governance refers to the structures and processes for the direction and control of companies. Corporate governance concerns
practices are relatively infrequent considering the overall normal transactions in the capital market; however, damage incurred from a few cases could tarnish the confidence of investors and stakeholders on a