impact asymmetry between buy and sell trades • Hypotheses • Data and Methodology • Empirical Findings • Conclusion Background on Price Impact Asymmetry • Empirical findings of permanent price impact
asymmetry of permanent and temporary price impact between buy trades and sell trades is determined primarily by market conditions. Specifically, contrary to the findings in previous studies, the results show
will simultaneously improve the other elements’ effectiveness. Determined to solidify financial reporting and audit quality, the SEC aims to strengthen all elements of TSQC1 and has, therefore, raised
of Good Corporate Governance for listed companies, and a new banking act and supporting regulation to improve bank corporate governance. The amendments to the SEA included clearer duties for directors
reviewed its internal structure and operation to improve performance efficiency. The “Change Management Program” was launched with an aim to shift the SEC’s role more towards that of a “facilitator” and
Sukhothai Thammathirat and an MBA from Prince of Songkla University. Prior to taking office as Permanent Secretary of the Ministry of Finance, he served in several key positions in both public and private
Kawatkul Mr. Suparut is an ex-officio member of the Board. He is Permanent- Secretary for Finance. He graduated with a B.Sc. (Econ) from the London School of Economics and Political Science, University of
2007. Mr. Areepong Bhoocha-oom Permanent Secretary for Finance Ex-officio member of the Board He graduated with a BA in International Management from Boston University, USA, an MA in Finance from
fair and orderly markets, ensure regulatory convergence with international standards and improve efficiency of information disclosure of securities issuers in compliance with good corporate governance
the Attorney-General to improve flexible working methods and efficiency of legal proceedings. Additionally, the SEC teamed up with the Ministry of Justice to develop and improve legal procedures related