clearly define the roles and responsibilities of management and monitor management’s proper performance of its duties. * The board should demonstrate a thorough understanding of the division of board and
law and standards. Principle 6.2 The board shall establish an audit committee that can act effectively and independently. Principle 6.3 The board should manage and monitor conflicts of interest that
The board should monitor the company’s financial liquidity and solvency. Principle 7.3 The board should ensure that risks to the financial position of the company or financial difficulties are
; and (4) general administration. To become a listed company, first of all a company must register the establishment of a juristic person with the DBD as a public limited company under the Public
; and (4) general administration. To become a listed company, first of all a company must register the establishment of a juristic person with the DBD as a public limited company under the Public
define the roles and responsibilities of management and monitor management’s proper performance of its duties. Guidelines 1.4.1 The board should adopt a written policy (such as a charter) that clearly
Us SHARE : Detail Content Our Roles The capital market is the main mechanisms that efficiently mobilize, allocate, and monitor the utilization of the economic resources. The capital market links and
prohibit such director from holding the position at any listed company. The SEC also proposed amendment to the Public Limited Companies Act B.E. 2535 (1992) to prohibit any company from exempting the
prohibit such director from holding the position at any listed company. The SEC also proposed amendment to the Public Limited Companies Act B.E. 2535 (1992) to prohibit any company from exempting the
monitor the effectiveness of the company’s risk management. 6.1.7 The board has to ensure and monitor that the company complies with relevant and applicable law and standards, whether domestic