market confidence and business integrity, which in turn is essential for companies that need access to equity capital for long term investment. Access to equity capital is particularly important for future
achievements in 2003 marked another milestone for entering its second decade of supervising and developing the Thai capital market. Undoubtedly, the capital market is increasingly crucial to the countryûs
share- holders (through what is known as 'tunnelling' 3 ), or misrepresenting an individual company's financial statements (of particular concern where the company is under pressure to meet expectations
market, and other necessary market mechanisms. Of course, it is crucial that we strive forward to deepen and broaden good corporate governance, transparency, and surveillance measures. Furthermore, we need
The SEC Board plays a vital role in formulating policies and supervising the SEC in its mission to regulate and develop the capital market with efficiency, fairness, transparency and integrity. The
possible limit of individual freedom, regulation is essential to uphold market credibility and orderliness. Yet, the regulator’s exercising of power must be prudent, fair and only as necessary to protect the
Introduction Good corporate governance (CG) is an essential characteristic of listed companies. Having good CG means that the company has efficient, transparent, and auditable management systems that create
Products for the SET It is essential for unlisted companies to be given support to prepare themselves to become listed so that there will be a long-term supply of new product for the SET. In this regard, the
our promotion of overseas investments, strengthened enforcement on insider trading, share manipulation, executive misconducts, accounting frauds, false documentation of securities issuance and offering