Bangkok--28 Oct--SEC
The SEC co-organized “4th SEC Working Papers Forum” with the Faculty of Business Administration of NIDA, under the theme “New perspectives for financial market development and sustainability of the Thai economy,” on October 22, 2014 at the SEC Office. The study unveils the ideas that the increase in stock price or index was not a key indicator of the capital market growth, while strong corporate governance (CG) of listed companies was found to be a key factor on well-protected investments against an adverse market climate. In addition, new perspective in enhancing business competitiveness by improving financial and capital market environments was crucial for capacity building of Thai economy in the long run.