BTS Group ranked ‘excellent’ for 8th year in good corporate governance

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BTS Group ranked ‘excellent’ for 8th year in good corporate governance

By The Nation

 

 

BTS Group Holdings Public Company Limited has scored an “excellent” rating for the eighth consecutive year under the Corporate Governance Report of Thai Listed Companies (CGR) 2019 Project.

 

It was competing against 676 other listed companies.

 

The Thai Institute of Directors Association (IOD), backed by the Stock Exchange of Thailand (SET) and the Securities and Exchange Commission (SEC), recently announced corporate governance assessment results for this year. The CGR ranking aims to improve corporate governance level of Thai listed companies.

 

This year, BTS Group Holdings achieved a total score of “Excellent” and received five National Corporate Governance Committee’s logos for the eighth consecutive year. This showcases the company’s focus on and responsibility for the environment, society and governance to create sustainable development.

 

In the latest CGR covering 677 listed companies, the overall average score was 82 per cent, which is considered very good and is the highest average score since 2001. An improvement signified by the fact that Thai listed companies are placing more emphasis on business sustainability and proactive board leadership corresponding to the corporate governance code and investors’ expectations.

 

Source: https://www.nationthailand.com/business/30378057

 

-- © Copyright The Nation Thailand 2019-11-04

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[Caldera]

If you have a monopoly and can make your customers suffer at will to maximize profits, it should be easy to excel in corporate governance and to please your investors.