. Corporate boards, managers and controlling shareholders may have the opportunity to engage in activities that advance their own interests at the expense of non-controlling shareholders. In providing
operations. In work for which there are few service providers and the business operators will not be able to engage other service providers to provide services on their behalf immediately, this work may
(RBA) to ensure appropriate and efficient supervision of securities companies and asset management companies ● Promoted mutual fund management business by allowing mutual funds to engage in loans for
Annual Report 2007 Securities and Exchange Commission, Thailand ANNUAL REPORT 2007 Corporate social responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large. (WBCSD Stakeholder Dialogue on CSR, The Netherlands, Sept 6-8, 1998) C o n t e n t s Corporate Review Capital Market Review Action Plan and Events Achievemen...
and is responsible for formulating major regulatory policies for supervision and development of capital market and securities business. The Board generally does not involve itself in day-to-day
to involve conflicts of interest. Board committees can be a mechanism for delegating monitoring. The board should ensure a formal and transparent board nomination and election process, in the
expects that this will contribute to the comprehensive utilization of capital market benefits. However, the SEC’s role does not involve preventing investor losses or ensuring compensation in the event such
Annual Report 2006 Khon... the classical masked drama since the Ayudhya period (A.D. 1350-1767). It is performed to the epic of Ramayana, which portrays the war between Rama (the Righteous King) and Totsakan (the Demon King), the Conquer of Good over Evil. Khon masks... headdresses worn by Khon performers, the single most important character-identifying piece of Khon costume. The masks, now an invaluable export item, epitomize the exquisite beauty and unique elegance of Thai fine arts. In Suppor...
engage in the business of generating and selling electricity with the Provincial Electricity Authority (PEA), which is the production of electricity from combustion of biogas from concentrated wastewater
Report on the Observance of Standards and Codes (ROSC) CORPORATE GOVERNANCE COUNTRY ASSESSMENT Thailand JANUARY 2013 Report on the Observance of Standards and Codes (ROSC) CORPORATE GOVERNANCE COUNTRY ASSESSMENT Thailand January 2013 Acknowledgements This assessment of corporate governance in Thailand has been prepared by David Robinett, Ratchada Anantavrasilpa, and Catherine Hickey of the World Bank Global Capital Markets Practice, as part of the Reports on Observance of Standards and Codes Pro...