decisions. We measure value through a certainty-equivalent utility-adjusted retirement income metric. Gamma will vary for different types of investors and for different strategies; however in this paper we
own benefit; or (ii) sacrificed in the interest of social or political objectives set by the state. This can lead to inequitable treatment of shareholders through insider trading, abusive self-dealing
and joint ventures 73.9 4.6% (1.6) (0.1%) (102.1%) Finance costs (Interest expenses) (181.3) (11.4%) (314.7) (11.9%) 73.5% Finance costs - Loans for projects (113.8) (7.2%) (163.0) (6.2%) 43.3% Finance
forthcoming liberalization within five years. Message from the Secretary-General 4 not only empowered businesses but also furthered the moves toward the SEC's much anticipated self- regulation. On social
securities in multiple jurisdictions would be shortened, providing more certainty to the issuer in terms of the time-to-market.Malaysia, Singapore and Thailand are the first three jurisdictions to sign the MOU
funds, (3) promoting governance and good standards of financial institutions and corporate whereby investors? best interest is considered paramount, and (4) developing tools to empower investors. The plan
% Administrative expenses (109.5) (15.3) (512.5) (29.3) 368.0% Finance costs (Interest expenses) (68.6) (9.7) (205.5) (11.7) 200.0% Other income 83.8 11.7 83.8 4.8 0.1% Share of profit (loss) from investment in an
whereby investors? best interest is considered paramount, and (4) developing tools to empower investors. The plan can be summarized as follows: Strategy One: To embrace financial technology (FinTech) as a
of regulators and to contribute to a culture of compliance by companies, in the interest of protecting investors and creating confidence in markets. It can serve as a basis for reform and self
who wish to offer securities, either cross-border equity offering or DR, in Thailand. In the course of the discussion, the representative from World Bank (Thailand) also expresses the interest in