arrangements. We refer to both non-executive and independent non-executive directors (also known as ‘outside directors’) throughout the Principles. This recognises the different approaches to board composition
takeover market on corporate culture. The results of our study make key contributions to several strands of the literature. First, we contribute to a crucial area of research on the effect of board gender
interested shareholders to recuse themselves from voting. Shareholders are to approve potential anti-takeover devices and receive tender offers from shareholders that acquire 25, 50, or 75 percent of shares
Notification of the Capital Market Supervisory Board Notification of the Office of Securities and Exchange Commission No. SorThor. 7/2557 Re: Rules on Appointing Independent Director of an
Notification of the Office of Securities and Exchange Commission No. SorThor. 7/2557 Re: Rules on Appointing Independent Director of an Intermediary _____________________________ By virtue of Clause
IPOs between 2002-2005, 10 out of 93 firms posted NC status. The probability of becoming delisted increases considerably after year 6 of listing. 2 Illustration of reverse takeover 3 Private firm
, transparent and fully explained. Supervisory, regulatory and enforcement responsibilities should be vested with bodies that are operationally independent and accountable in the exercise of their functions and
Exchange Commission No. SorThor. 49/2549 Re: Rules on Exemption from Appointment of Independent Director of Securities Companies -------------------------------- By virtue of (1) The second paragraph of
of the Office of the Securities and Exchange Commission No. SorThor. 49/2549 Re: Rules on Exemption from Appointment of Independent Director of Securities Companies -------------------------------- By
amended) (the “Takeover Notification”) at the offering price of Baht 15.70 per share. The launch of conditional voluntary tender shall take place provided that the Company obtains approval from the