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36

SET has continuously promoted the best practices and created knowledge and understanding about corporate

governance development among the board of directors, executives and officers involved in corporate

governance among listed companies. These will lead to a policy shift towards corporate governance as well

as effective and concrete actions, such as provision of knowledge about the roles of the board of directors

in ensuring sustainability of a business, knowledge about risk oversight and management of an organization,

including performance assessment of the board of directors. These have been communicated and

disseminated via different media channels.

Value creation of listed companies through corporate governance

Corporate governance is an influential factor for investment confidence and decision making among

investors, which will lead to higher value for listed companies and sustainable growth of the capital market

at large. SET established the Corporate Governance Development Center in 2002 to advise corporate

governance practices and activity arrangement, to serve as a corporate governance resource center and to

ensure concrete actions under corporate governance principles, in line with international standards. In 2014,

SET formulated the 3-year Thai Listed Company Corporate Governance Development Plan.

Reported the

assessment

results of the

ASEAN CG

Scorecard

Continue to

promote corporate

governance

practices among

listed companies

Monitor and

recommend further

improvement to listed

companies in response

to the ASEAN CG

Scorecard assessment

results

Promote the disclosure

of corporate

governance policy

actions continuously

2014

2015

2016

Provided

recommendations

on the disclosure

of governance

data

Thai Listed Company Corporate Governance Development Plan 2014-2016