• Minority Shareholder Protection In Public Listed Companies in Thailand. An exploratory study of their challenges and perceptions, and recommendations

Publisher:
Lambert Academic Publishing
Publication date:
2010-06-14
Authors:

(has over ten years experience as an international corporate and commercial lawyer. He graduated with a Bachelor of Commerce (Accounting) and Bachelor of Laws (Honours) from the Australian National University and a Doctor of Business Administration from the University of South Australia. This book is a product of his doctoral dissertation.)
ISBN:
9783838362571

Description:

The Organization for Economic Co-operation and Development (OECD) had identified various corporate governance challenges in Asia, the most serious of these being the expropriation of minority shareholders. Since the 1997 Asian economic crisis, minority shareholder protection has become an area for focus as part of the overall movement to improve corporate governance of public listed companies in Thailand. The Stock Exchange of Thailand estimated that it has about nine million investors, directly and indirectly. A majority of these are minority shareholders who, left on their own accord, have little competitive advantage against controlling shareholders and their nominated corporate insiders. This study examines the protection of minority shareholders in public listed companies in Thailand by conducting a survey on a sample of 150 minority shareholders in order to derive recommendations for improvement of their protection.

MATERIAS: minority shareholder protection, expropriation of minority shareholders, Corporate Governance, corporate governance in Thailand, minority shareholders in Thailand, protection of minority shareholders in Thailand, minority shareholder expropriation, shareholder protection in Thailand, Thailand corporate governance, Thai minority shareholders, Thai minority shareholder protection, controlling shareholders, public companies act Thailand, Thailand shareholders, shareholder rights in Thailand