rational investment decisions but their decisions are usually influenced by several factors and restrictions; emotion, beliefs and biases, for example. Those factors and restrictions cause investors to

save and invest earnestly in order to meet life goals and have comfortable and secure retirement. The SEC always takes an active role to promote financial literacy for people from all walks of life

employees to have financial management and planning skills, better standard of living and ability to afford comfortable retirement. Under the program, human resource unit of each employer will play a key role

mutual fund. Such factors include emotion, personal belief and attitudes toward different channels of savings and investment. For example, some investors prefer low risk, principal guaranteed investment

for repayment from 1 year to 2 years at the original interest rate and the condition to the withdraw the was comfortable 6 8. Opinions of the Audit Committee and/or the Directors of the Company having

for repayment from 1 year to 2 years at the original interest rate and the condition to the withdraw was comfortable 6 7. Opinions of the Audit Committee and/or the Directors of the Company having

information. • Recognise that human characteristics such as emotion can have an impact on investing decisions in unanticipated ways. • Recognise that discipline in investing can minimise behavioural biases. 7

comfortable triple digit territory.  IVL stands to benefit from margin expansion with the resumption of production of EO-EG since June 2017. The commercialization of the ethylene cracker scheduled for later

regulations places on all market participants will not result in a lowering of volatility or even a reduction in future volatility as GR investors are comfortable making irrational decisions. V. Conclusion

Report on the Observance of Standards and Codes (ROSC) CORPORATE GOVERNANCE COUNTRY ASSESSMENT Thailand JANUARY 2013 Report on the Observance of Standards and Codes (ROSC) CORPORATE GOVERNANCE COUNTRY ASSESSMENT Thailand January 2013 Acknowledgements This assessment of corporate governance in Thailand has been prepared by David Robinett, Ratchada Anantavrasilpa, and Catherine Hickey of the World Bank Global Capital Markets Practice, as part of the Reports on Observance of Standards and Codes Pro...