Thailand's currency crisis triggered off a national and regional economic meltdown in the closing years of the twentieth century. One lesson was that monetary and policy institutions need to be strengthened and overall good corporate governance practiced to prevent another destabilizing crisis. Written by Thai economists, this book gives a progress report on good corporate governance practices in listed non-financial companies, financial institutions, state-owned enterprises, and non-listed companies in Thailand. It addresses the following issues: What went wrong in terms of corporate governance practices before the financial crisis? What further corporate governance reforms are required? Who are the significant players actively promoting good corporate governance? What are the guidelines and regulations on corporate governance? What are the achievements and remaining agenda? How do companies go about good corporate governance practices? Are the practices real? And what are challenges and policy issues going forward?
Publisher: Institute of Southeast Asian Studies