. • Existing “information asymmetry” problem and agency costs. • Conflicts in the contracts between shareholders & bondholders • From managers’ views (acting on shareholders’ behalf), creditors benefit more
, consumers who have a broken mobile phone screen problem are mostly not thinking about changing to a new mobile phone because they want to save the cost of burden, although difficulty to use. The Company
will closely coordinate with the SET to monitor stock trading activities and solve the problem in advance. Another aspect of the supervisory task is to improve risk management procedures of securities
trade. (6) Investments in the trouble business In case the company invests in a company which is having problem relating to financial position and outcome of business operation, such as a financial
loss arising which not occurred from the securities for trade. (6) Investments in the trouble business In case the company invests in a company which is having problem relating to financial position and
-determined, acceptable level. 5 Important Notes • I do not consider the minimization problem of ruin probability as in Bayraktar & Young (2007) because ruin is not the absorbing state. • The earner continues
20T H ANNIVERSARY 1 Securities and Exchange Commission, Thailand Annual Report 2012 SEC ANNUAL REPORT 20122 THE YEAR OF CHANGE The year 2012 was the time for change to become the visionary partner whose balance between proactive and preventive approaches has led to stakeholders’ confidence in the Thai capital market. THE YEAR OF CHANGE 20T H ANNIVERSARY 1 02 MESSAGE FROM THE CHAiRMAN 04 MESSAGE FROM THE SECRETARY-GENERAl 06 SEC BOARd 09 CApiTAl MARkET SupERviSORY BOARd 12 ExECuTivE OFFiCERS 13 O...
mortgage, it may cause more trouble, time and damage to the Company than this transfer of ownership of the machinery. Therefore, the Company has agreed to transfer the ownership of such machinery to the
, the Company could not export products to India since there is import tax problem as well as other expenses about 20%-30%, leading to high selling price which could not market in India. Consequently
. However, in the past 2-3 years, the Company could not export products to India since there is import tax problem as well as other expenses about 20-30 percent, leading to high selling price which could not