significant rise to the world’s 3rd highest rank with 86 scores, from No. 15 with 75 scores in the preceding year. Such development was a result of the improvement in the Ease of Shareholder Suits Index
interpretation of the “Executive” in relation to “person holding executive position in Accounting or Finance Department whose rank is not lower than departmental manager” Regarding the Notification of the
or Finance Department whose rank is not lower than departmental manager” Regarding the Notification of the Securities and Exchange Commission No. Kor Jor. 17/2557 Re: Determination of Definitions in
กลุม่ กราฟแสดงสดัส่วนการลงทุนในปัจจุบนัท่ี Standardized แลว้ Investor types Mean Rank of mean within same investor types Rank of mean across investor types Cash Holder Old- Fashioned Modern Investor Cash
in turn helps to foster a more trustworthy, efficient, and inclusive capital market for all sectors. More information is available at https://sustainablefinance.sec.or.th/Fund Remark
to investors. All these approaches are expected to build trust and confidence among stakeholders, subsequently leading to a trustworthy digital asset market that supports sustainable growth of the
Persistence of Performance http://www.sec.or.th Empirical Paper Methodology Evidence Sharpe (1966) Spearman rank correlation Yes Jensen (1968) Jensen’s alpha No Grinblatt&Titman (1989,1992) Jensen’s alpha Yes
invest in some claim-to-be digital tokens which is in fact another form of Ponzi scheme. Such scheme can be detected by ambiguous business plans, products or platforms, as well as the lack of trustworthy
accounting standards; executives with trustworthy characteristics; and proper disclosure of material information for investment decision making. The regulations approved by the Capital Market Supervisory Board
include: - disclosure of additional information to cover individual remunerations for executives of the highest rank, e.g., chief executive officer and managing director; - extending the periods for