fulcrum balancing the ownership rights enjoyed by shareholders with the discretion granted to managers to run the business. In this regard, the board should exercise strategic guidance of the company

developments for operators in the communications sector, while companies in the energy sector enjoyed better earnings in line with the rising price of oil. Despite weakening market sentiment, market liquidity

. Currency speculation further induced short-term capital inflows into the Asian region. Most Asian currencies appreciated against US dollar, and Thai baht was notably the most appreciating currency in the