program and offering of new shares to the public by the private sector. Mechanism for investors to protect themselves were also much enhanced with the introduction of the dispute settlement through
for funds they manage Nowadays, asset management companies are required to separate investors’ asset from the companies’ ones and introduce measures to protect investors’ assets for other benefits
board member, thereby allowing his/her chosen candidate to win that seat. Pre-emptive rights: Pre-emptive rights give existing shareholders a chance to purchase shares of a new issue before it is offered
and direction so that the market can function with greater accuracy. It also enables business operators or investors in the existing market to adjust to the changing environment thus improving market
representative organisations and other stakeholders, is an G20/OECD PRINCIPLES OF CORPORATE GOVERNANCE © OECD 2015 15 effective way of doing this. Mechanisms should also be established for parties to protect their
possible limit of individual freedom, regulation is essential to uphold market credibility and orderliness. Yet, the regulator’s exercising of power must be prudent, fair and only as necessary to protect the
possible limit of individual freedom, regulation is essential to uphold market credibility and orderliness. Yet, the regulator’s exercising of power must be prudent, fair and only as necessary to protect the
undertaking as well as to protect investors? best interest.?The four key areas are:?1. Provisions on Stock Exchange: The proposed revisions include (1) granting the power to approve the rules on securities
Office, and the Bank of Thailand, for the purposes of supervising and examining the financial status and risks of members. 8 Clause 19 To preserve the public interest and to protect investors, a securities
is to determine in what situations categorical rules (i.e. norms that apply uniformly, without permitting many exceptions based on “relevant facts and circum- stances”) more effectively protect