then posted on their websites. Most directors are non-executive, and typically at least one third are considered independent of management and major shareholders. Most boards also have separate chairs

which are made available to shareholders, subject to conditions to prevent abuse. With respect to nomination of candidates, boards in many companies have established nomination committees to ensure proper

relatives and their advisers typically sitting as directors on group company boards. As with some other Asian markets, families remain large owners of Indian companies. Many of these families have focused on

sustainability in annual sustainability and progress reports. 10 Exemplary GESI practice in Thailand Internal organisational GESI Auditing, Risk or Diversity, Equity and Inclusion (DEI) committees, independent

or visit www.icgn.org. 3 4 © International Corporate Governance Network (2014) 5 Preamble The ICGN Global Governance Principles (“the Principles”) describe the responsibilities of boards and

they require boards to form nomination committees and to disclose how they are formed. In Malaysia, the listing rules do the same and where the minority shareholder watchdog group monitors and activates

views and concerns helps boards and management make better informed decisions. They are still free to make an apparently contrary decision when they believe that the outcome would best serve the interests

and Codes related to Thai CG (CG-ROSC). SET has continuously supported listed firms to establish their CG systems, and expects all listed companies’ boards and management teams to develop their systems

Thani Province. - 4 - Size of Transaction : The transaction process conforms to transaction type No.2, referring to the announcement of the committees of the Stock Exchange of Thailand, subject

property in Surat Thani Province. - 4 - Size of Transaction : The transaction process conforms to transaction type No.2, referring to the announcement of the committees of the Stock Exchange of Thailand