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performance that was 818.2 billion bath in net loss in the period from 1998 to 2000 to over 1 trillion baht in total net profit from 2001 to 2004. Thailand’s capital market has clearly regained strength and is
resolution thereby ensuring greater strength and stability of the Thai capital market in the long run. SCE_Eng_p.1-16 10/29/04, 1:05 AM7 8 BOARD OF THE SEC Mr. Suchart Jaovisidha Minister of Finance Chairman
Implementation Task Force. On the accounting standards, the SEC submitted comments on nine issues concerning the impracticality of certain accounting principles to the International Accounting Standards Board
well-functioning markets. The corporate form of organisation of economic activity is a powerful force for growth. The regulatory and legal environment within which corporations operate is therefore of
has seen corporate governance regulation tightened has been accompanied by a change in the attitudes and behaviour of some market participants. The increasing recognition by regulators, listed companies
development by enhancing the performance of companies and increasing their access to outside capital. The OECD Principles of Corporate Governance provide the framework for the work of the World Bank Group in
-General Over the past 15 years since its establishment, the Securities and Exchange Commission has carried out its task of developing the capital market as a driving force toward sustainable economic growth