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(2) The criteria for self-assessment of individual
directors
were classified into four sections:
1. Duties and responsibilities of the Board 2. Meetings
3. Independence and 4. Self-development of governor.
In 2014, the overall assessment score for the four
sections was 4.69 / 5.00, or 93.80%.
(3) The criteria for assessment of individual
directors by peers, by group of two directors
(2:1),
were classified into four sections as previously
mentioned for direct comparison. In 2014, the overall
assessment result for the four areas was 4.75 / 5.00,
or 95%.
(4) The criteria for assessment of the chairman
included the aspects on encouraging all governors
to actively air their views in BoG meetings, making
prudent decisions, and encouraging each governor
to review the BoG minutes carefully before endorsing
them. The Chairman of the Corporate Governance and
Social Responsibility Committee reported the result
directly to the chairman.
(5) Assessment of the skills, knowledge and
abilities of the board members
was to determine
the diversity of the governors’ skills, experiences and
talents. The assessment of the skills, knowledge, and
special abilities of the governors was separate from their
self-assessment and the results were not included in
the calculations of points in the board evaluations.
For the 2014 performance evaluation of the entire
Board and the performance evaluations of the individual
governors, including comments or suggestions obtained
from the evaluation, the Corporate Governance and
Social Responsibility Committee prepared a summary
of the results of the evaluation and presented to the
SET Board of Governors for futher improvement and
development
“For 2014, the BoG’s average score on 8 sections
was 4.54 / 5.00, or 90.80%”
. Almost all directors
agreed that the BoG was fair in specifying SET’s
corporate governance policies and practices to manage any
conflict of interests and the BoG recognized equitable
treatment for various groups of stakeholders. The BoG
clearly segregated the roles and responsibilities of the
BoG, the committee and the management.
(1) The criteria for assessment of the BoG
as a whole
were classified into eight sections:
1
2
3
4
5
6
7
8
Strategy
and business
planning
Risk
management
and internal
control
Corporate
governance
Conflicts
of interest
Delegation
of authority
The BoG’s
readiness
for meetings
Assessment
and succession
planning for
executives
Meetings