Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE

▪ Materiality: which ESG factors affect an issuer’s risk of default ▪ Visibility: what is a credit-relevant time horizon ▪ Approach: the challenge of a ‘built-in’ approach and of building organisational capacity

20.0 mm or 7.8% from the same period of previous year. The main reason was due to higher occupancy rate of Ready-Built factories and warehouses.  Gross profit from rental and service of warehouses

long-term, trust-based relationship is built between investor and investee, particularly when the conversation escalates to a high level (e.g. C Suite executives). • State-owned enterprises (SOEs) may

gross profit margin for 2018 was 47.4%. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the genuine

had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the genuine gross margin in the first quarter of 2018 was at 49.2

disclosure in Thailand is relatively low as compared to that of European countries. Research questions 6 ⊷ (1) What is the level and pattern of the ESG scores of listed companies in the IMT-GT during 2013 to

gross profit margin in the second quarter of 2017 was 59.8%. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level

WHABT as mentioned above. However, the Company had higher occupancy rate for ready-built facilities as well.  Gross profit from rental and service of warehouses, distribution centers and factories during

and services increased by 5.8%, mainly from continuously increase in occupied area of ready-built factories and warehouses. • Revenue and share of profit from sale of investment properties was THB