Corporate Governance Country Assessment : Thailand
This report assesses Thailand s corporate governance policy framework. It highlights recent improvements in corporate governance (CG) regulation, makes policy recommendations, and provides investors with a benchmark against which to measure corpora...
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Format: | Corporate Governance Assessment (ROSC) |
Language: | English en_US |
Published: |
Washington, DC
2014
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Online Access: | http://documents.worldbank.org/curated/en/2013/01/20225955/thailand-report-observance-standards-codes-rosc-corporate-governance-country-assessment http://hdl.handle.net/10986/20443 |
Summary: | This report assesses Thailand s
corporate governance policy framework. It highlights recent
improvements in corporate governance (CG) regulation, makes
policy recommendations, and provides investors with a
benchmark against which to measure corporate governance in
Thailand. It is an update of the 2005 Corporate Governance
Report on the Observance of Standards and Codes (CG ROSC).
Good corporate governance enhances investor trust, protects
minority shareholders, and encourages better decision making
and improved relations with workers, creditors, and other
stakeholders. Better investor protection can lower the cost
of capital and encourage companies to list and raise funds
through equity markets. It is crucial to protect retirement
savings invested in listed companies. Good corporate
governance also helps to ensure that these companies operate
more transparently and efficiently. |
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