promoting a conducive environment for transparent, efficient and fair markets. To achieve its objectives, the SEC oversees the quality of business operators, including their products and services, promotes a
amendments are expected to enhance flexibility and industry adjustment to the fast changing market environment;3. Supervision of Mutual Fund Management: The mutual fund governance structure would be revised to
the preparation of the SET and securities business operators for regional market linkage and competition in the international market arena. Within this forward- moving environment, the SEC also made
the gap between household savings and investment in the real economy. As a consequence, good corporate governance will reassure shareholders and other stakeholders that their rights are protected and
power to choose or remove the CEO, and may still put the interest of the controlling shareholder over other shareholders. Capital markets Thailand’s real GDP expanded by an average of 4 percent per year
around the globe become increasingly linked, our capital market is faced with new opportunities and challenges. In light of this fast changing environment, the Securities and Exchange Commission (SEC) in
and direction so that the market can function with greater accuracy. It also enables business operators or investors in the existing market to adjust to the changing environment thus improving market
global oil prices, the US stock market, currency movements, and Thai political environment, which influences investors' confidence in stock investments. Debt Securities Market 2006 Government Bond Yields
monitor- ing of audit and accounting standards should be overseen by bodies independent of the profession. A strong disclosure system that promotes real transparency is a pivotal part of market-based
environment. Good Governance Development & Alliance Department The Stock Exchange of Thailand Tel. 02-229-2000 E-Mail Address : cgcenter@set.or.th Corporate Governance Center Committee Professor Hiran Radeesri