, and political uncertainties. In comparison with a big jigsaw picture, the country economy presents itself a scene of the gross domestic product that has continued to rise firmly during the past 2-3
in 2006. In addition, the combination of the market capitalization and the outstanding value of both government and corporate debt securities outgrew the Gross Domestic Product by around 137 percent
for property valuation standards, and the committee to review the work of financial advisers. Moreover, in considering material facts regarding the contravention of laws, rules, and regulations, the SEC
achieved faster recovery in comparison with other countries in the region. This was evident by listed companiesû operating profits, expansion of domestic consumption, and strong increases in exports
markets, thus providing alternative means of investment and allowing investors to diversify their risk apart from investing in the domestic market. However, when choosing this type of fund, investors have
corporate governance reduces emerging market vulnerability to financial crises, reinforces property rights, reduces transaction costs and the cost of capital, and leads to capital market development. Weak
primarily on foreign sources of capital, a credible corporate governance framework, supported by effective supervision and enforcement mechanisms, will help improve the confidence of domestic investors
institutions should be adequately resourced, credible and accountable, and work closely and effectively with other domestic and external institutions. They should be supported by a credible and efficient
(domestic, foreign, international), as appropriate, to ensure effective supervision and development of a sustainable capital market. Examples are: Government entities, such as the Fiscal Policy Office, the