Comments on: “Trading costs on the Stock Exchange of Thailand” Authors: Charoenwong C., Ding D.K., Jenwittayaroje N. Comments on: “Risk-taking behaviour during downturn: evidence of loss-chasing and
reimbursement of investigative expenses Cases Persons Fail to exercise duty of care - - - - - - - Presenting a false statement or concealing material facts that should have been stated - - - - - - - Disclosure of
false statement/ Dissenimation of false or misleading information 0 0 - - 0 0 1 1 Market manipulation 0 0 4 68 0 0 1 14 Insider trading / Disclose inside information 0 0 1 3 0 0 - - Takeover - - - - 1 1
Court of First Instance The Appeal Court The Supreme Court These offenses (e.g. presenting false statement concerning public offering, analyzing financial position based on false information, using or
singular family-firm corporate governance framework possible? - ‘One-size-fits-all’ or differentiation? • Defining the ‘familiness’ concept. - Iravaa and Moores (2010, p.1) - “idiosyncratic firm-level bundle
case of false statement or particular, or lack of any material information that should have been disclosed, any unitholder who purchases the REIT units within one year since the Registration Statement
, or stabilized. SECTION 240 No person shall inform, disseminate, or certify any statement or information that is false or materially misleading about financial condition, business operation, the price
registration statement. If the registration statement contains any false statement or omits to state any material information which should have been disclosed, the unit holders shall be entitled to claim damages
and completeness of information contained in the registration statement. If the registration statement contains any false statement or omits to state any material information which should have been
registration statement. If the registration statement contains any false statement or omits to state any material information which should have been disclosed, the unitholders shall be entitled to claim damages