Literacy and QoL Financial Literacy Quality of Life Fintech Adoption Risks and Uncertainty to Adopt New Technology Security Risk Operational Risk Financial Risk Leisure-Freedom-Internal Locus of Control

all but two states from SEC to state jurisdiction • Key contribution: The extant literature documents dynamics of bad behavior, but there has been no focus on external governance. • Regulatory

Doing Business Index Fragile States Index Freedom in the World Scores Global Competitiveness Index Resource Governance Index Press Freedom Rankings Women, Business, and the Law Worldwide Governance

corporate governance while promoting awareness and use of the OECD Principles of Corporate Governance as well as the OECD Guidelines on Corporate Govern- ance of State-Owned Enterprises. In addition to being

index returns Performance = Performance measures of Sharpe, Sortino and KJ ratio Heritage = Yearly freedom scored calculated by The Heritage Foundation 15 IV. Results The first set of results reflect the

concerning Rules on Rendering a Waiver of Appointing Independence Director of Securities Company or the Notification of the Office of Securities and Exchange Commission concerning Rules on Rendering a Waiver

rendered a waiver of appointing an independent director under the Notification of the Office of the Securities and Exchange Commission concerning Rules on Rendering a Waiver of Appointing Independence

the equity crowdfunding scheme and would confine individual exposure to ICOs, there are counter-arguments that this would overly restrict retail investors’ freedom to invest and the same could be said

of Commerce, Thai Institute of Directors, State Enterprise Policy Office in the Ministry of Finance, Federation of Accounting Professions, Social Security Office, Government Pension Fund, and

) which contains certain provisions in relation to the restriction of rights and liberty of persons which Section 29, in conjunction with Section 33, Section 34, Section 36, Section 41, Section 43 and