Boardroom Flash Vol.2/2015 Preparations for Responding to Shareholder Activism
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Policy Brief
The Approval Facilitation Act Pho Sor 2558 The Official Approval Facilitation Act was announced in the Royal Gazette on January 22, 2015 and will take effect by 21 July 2015. The Act aims to reduce the burden process - red tape, for the general public in registering with or seeking approval from the government. It will enhance Thailand’s competitiveness by reducing operational costs for the business sector and promoting transparency when carrying out the official approval process. Government authority bodies mandated with approval and registration duties must fully disclose to both the public and private sectors.
Policy Alert
- Trade Confidentiality Act
- The Intellectual Property Act
CG New Update: Preparations for Responding to Shareholder Activism
As a result of the rise in activism among investors globally, companies are concentrating more on “shareholder activism” and the potential impact it may have on business operations, specifically with regard to social and environmental issues.
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