IN ASIA: TAKING CORPORATE GOVERNANCE TO A HIGHER LEVEL © OECD 2011 3 Foreword Since 1999, the Asian Roundtable on Corporate Governance has brought together the most active and influential policy makers

, professional, business and investor associations opened up active channels to voice concerns, comments and suggestions regarding the issues of impacts on market participants and the capital market at large. Such

use of financial innovations.Therefore, the SEC has proposed amendment to the paid-up capital rules to be issued in three notifications by taking into consideration stakeholders? comments and

stakeholders in corporate governance; The Principles encourage active co-operation between corporations and stakeholders and underline the importance of recognising the rights of stakeholders established by law

and active in enforcing the various rules and requirements under their jurisdiction. The State Enterprise Policy Office (SEPO) has continued its efforts to improve the governance of state owned

and fair manner, taking into consideration the public’s benefits and the security and integrity of the capital market. An independent director of a securities clearing house or central securities

/Assessment/ROSC_Thailand_web.pdf Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to

, resulting in robust economic outlook. Transactions in both primary and secondary markets in 2003 were very active. Total value of shares offerings was 132,248 million baht, 20,832 million baht of which were

Trade before taking current office. Mr. Chaiyawat Wibulswasdi A financial expert member of the Board, he obtained a B.A. in Economics from Williams College and a Ph.D. from Massachusetts Institute of

of the Thai economy and capital market. Local investors were active as the international investors were net buyers of shares. Equally important, such confidence and trust can be attributed in large