market and weakening investors’ confidence. High oil prices, rising interest rates, the outbreak of avian influenza, and concerns over inflation were among the main factors. Coupled with this uncertainty

. In 2007, unfavorable factors affected investment prospects in securities markets, ranging from political risks to prevailing economic factors including strengthening of baht, rising oil prices

year-high level of 785.38 points on May 9. After that, however, rising oil prices and interest rates hikes caused the global stock market to decline; the SET Index plunged by more than 100 points within

Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE GOVERNANCE TO A HIGHER LEVEL 2011 This work is published on the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of the Organisation or of the governments of its member countries. This document and any m...