IPOs which raised 4.95 billion THB (155 million USD). In addition, there were 20 corporate bonds issued on SET in 2012, for a total 168 billion THB and 8 worth 43 billion THB in 2011. Also in 2012, there

, controlling shareholders and other insiders. Global experience has altered public expectations. Even though Asia was little affected, the fi- nancial crisis of 2008 nevertheless raised doubts in the public‟s