discipline, training students on correct financial management principles, encouraging responsibility and instilling the habit of spending time on activities that are beneficial to the community by

monitoring of companies and is central to shareholders‟ ability to exercise their ownership rights on an informed basis. Evidence from around the world demonstrates that disclosure can be a powerful tool for

expected to assume responsibility for managing corporate activities. The responsibility for corporate strategy and operations is typically placed in the hands of the board and a management team that is

to investors may arise that are equally valuable for the board to be aware of. An example is seen in Duke Energy, which saw a massive coal ash spill at a time when precious few of its board members had

in developing the Sustainable Development Goal Disclosure (SDGD)1 Recommendations1 including consultation input to that process. The SDGD Recommendations require reporting on actions that are included

Effectiveness The chair is responsible for leadership of the board and ensuring its effectiveness. The chair should ensure a culture of openness and constructive debate that allows a range of views to be

including the work-from-home cooperation, the SEC adopted a remote approach for inspection of audit firms’ quality control systems, which enabled the SEC to maintain a regular inspection of such systems. In

Board shall have term of office that is identical to their terms on the SEC Board. (2) The others shall hold office for a term of four years. 2.2 Risk Management Sub-Committee The Risk Management Sub

and is responsible for formulating major regulatory policies for supervision and development of capital market and securities business. The Board generally does not involve itself in day-to-day

framework is relatively comprehensive, ensuring that shareholder rights and good practice in terms of boards and company disclosure are in place. The SEC and Bank of Thailand (BoT) are active in enforcing