Governance
Governance Activities
2023
Obtained a company governance assessment. 4-star "Very Good" Very Good CG Scoring
from the Thai Institute of Directors Association (IOD) with the support of the Stock Exchange of Thailand (SET).
The company announced its intention to become a member of the Thai Private Sector Anti-Corruption Coalition (CAC) on May 15, 2023, to be a part of driving Thailand's business sector in the field of anti-corruption by setting an example by announcing an anti-corruption policy. Establish an internal control system to prevent all forms of corruption.
Governance
Listed Corporation It is an important mechanism to drive the country's economic income generation. Therefore, the Board of Directors, management, and internal departments should play an important role in promoting good corporate governance so that the company can create added value for both itself and society sustainably. It is necessary to create an effective corporate governance structure and system governance, governance, and governance. To ensure that all parties have the same guidelines by the five principles of good corporate governance, as follows:
Integrity
Integrity
Fairness
Fairness
Transparency
Transparency
Responsibility
Responsibility
Accountability
Accountability
Business operations should be related and governed by the five principles of good corporate governance. If the business operates without fairness, transparency, or honesty, and the Board of Directors and management act irresponsibly, it will inevitably affect the growth of the business. No bidding. Do not accept returns that may affect the selection of partners, and once they have obtained a partner, they should pay correctly and fairly. On the other hand, if the selection of suppliers is unfair or non-transparent. The company may get a partner who cannot deliver quality raw materials or deliver on time, which results in increased costs, the corporation isn't able to produce products and services for customers in time, or in some cases, may be sued.
In addition, business operations involve many groups of stakeholders, so the Company should understand the needs and expectations of each group of stakeholders that are different, and then establish a system and process to promote cooperation between the Company and stakeholders to be able to understand and meet those expectations effectively, which will create wealth and financial stability for the business in the long term.
Structure of relationships between stakeholders in accordance with the principles of good corporate governance.
Business-related stakeholders are both internal and external. The main groups include: Shareholder ซึ่งแต่งตั้ง Board to control and supervise the work of the Management The Board of Directors must also act as a liaison between various stakeholder groups. Therefore, in addition to understanding the needs and expectations of different stakeholders, the company should also understand the needs and expectations of stakeholders. The roles, duties, and responsibilities of each group in the corporate governance system must be clearly and ethically defined, as well as by the law and good corporate governance guidelines
