In recent times, crimes regarding the capital market have become significantly more intricate, which is why SEC firmly believes that there must be an upgrade in the cooperation between related
(2008), ESMA (2016), Cremers (2017) Holding-based Performance-based Holding-basedActive share Active share Tracking error Pure Indexing Concentrated Stock Picks Diversified Stock Picks Closet Indexing
on the upcoming or intricate financial reporting standards. Additionally, the SEC will continue to encourage listed companies to establish a more robust internal control system. In so doing, we will
short-term issues with the value of short-term issues totaling 1,184.85 billion baht. However, the bond issuers concentrated in a few business sectors whereas the small and medium sized companies rarely
establishment, market development had concentrated more on the secondary market where trading of transferable securities was the main activity than the budding primary market where businesses issued securities
Additional rules in case of concentrated allocation Concentrated allocation is allocation to any person more than five percent of the approved number of shares, which must comply with additional rules as
investment units shall not be concentrated in the holding of any individuals or any groups of persons which could exercise power over fund management and exploit the fund for own benefits such as tax avoidance
allocation of shares for Initial Public Offering (“IPO shares") which are allocated to sponsors and related parties (“RP") are prescribed to prevent concentrated allocation to sponsors and RP which will enable
., (2013). - Key dimensions: family involvement in ownership, management and governance. • Conflicts encompassing family-firms. - Distinction from other concentrated-ownership forms. 7 AGENCY PROBLEMS AND