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...
to materialize the punishment. 1.4 Closely monitor and analyze listed companiesû financial statements for irregularities as well as emphasize on preparation of auditorûs report to ensure that it is
taxed accordingly. 3. Improvement of information in the debt instrument market. ■ Information of issuers - The SEC has amended regulations for the offering of debt instruments so that issuers have to
(IASB), and made financial contributions to facilitate the ongoing efforts of the Federation of Accounting Professions (FAP) in the improvement of the Thai accounting standards toward convergence with the
influence and corruption permitted wrongdoers to escape punishment. Policy-makers should bear in mind that the credibility of a corporate-governance framework rests on its enforceability. To build this
“BBB” to “BBB+” (in August 2004) affirmed the improvement in the strength of the Thai economy, and boosted foreign investors’ confidence in the Thai capital market. In addition, overwhelming
clearing house shall disclose information about securities clearing and settlement, its members, breaches committed by its members, and punishment imposed on its members, as well as any other information
market participants generally confirm the extent of corporate governance improvement. The Bank of Thailand Act and the 2008 Financial Institutions Business Act grant the BoT wide ranging authority to