Why is this Important?

EGCO Group recognizes the importance of good corporate governance as one of the crucial foundations of sustainable business. Throughout the years, EGCO is committed to upholding good corporate governance through compliance with relevant laws, rules and regulations as well as best practices for directors of listed companies and criteria for companies with good corporate governance system as prescribed by the Securities and Exchange Commission (SEC) and the Stock Exchange of Thailand (SET). Furthermore, to promote and foster good corporate governance principles in accordance with business operations, the Board of Directors has established in writing the Good Corporate Governance Principles and Code of Conduct as a guide for directors, management, and employees. The Good Corporate Governance Principles and Code of Conduct are made available on EGCO Group’s website and the website for internal communication (EGCO Group Net).

Management Approach

Corporate Governance Framework and Structure

[GRI 102-18]

The Board prescribes Good Corporate Governance Principles based on 6 pillars – P-R-E-A-C-T – as a framework for overseeing and managing EGCO Group’s

Explore more
Definition of Independent Director and its Comparison between Governance Criteria

EGCO Group has defined qualifications of the Company’s independent director more strictly than the definition stated by the Stock Exchange of Thailand (“SET”) and the Capital Market Supervisory Board’s Notification regarding Application for and Approval of Offer for Sale of Newly Issued Shares.

Explore more
Board Diversity, Expertise and Experiences

The qualifications of the Board of Directors are in accordance to EGCO Group’s requirements and good corporate governance principles. EGCO Group’s policy does not discriminate against gender, sexual orientation, nationality, country of origin, race, ethnicity, cultural background, and disability.

Explore more
Board Effectiveness

The Board of Directors conduct self-assessments every year in order to assess the performance and issues that arise in the past year, as well as improve operational effectiveness through self-assessments reviewed by the Nomination and Remuneration Committee.

Explore more
Management Compensation

The Board sets up the policy for compensating senior management. EGCO Group’s management receives a monthly salary and yearly bonus which are based on EGCO Group’s key performance indicators

Explore more

Related Documents

Policies, Requirements and Performance