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Appendix1Acknowledgement and Conformity Form I have received and read this PTT Oil and Retail Business Public Company Limited Corporate Governance, Ethical Standards and Code of Business Ethics Handbook.
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Define the organizational structure and roles within the company
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Monitor and evaluate the performance of the company and its management
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Businesses of all sizes can benefit from corporate governance practices to ensure efficiency, transparency, and accountability.
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Corporate governance is the system of rules, practices, and processes by which a company is directed and controlled. It involves balancing the interests of a company's many stakeholders, such as shareholders, management, customers, suppliers, financiers, government, and the community.
Companies that are publicly traded on stock exchanges or regulated by government agencies are typically required to file corporate governance reports.
Companies must follow the guidelines set by regulatory bodies or industry standards when filling out their corporate governance reports. This may involve providing information on board composition, executive compensation, audit practices, and more.
The purpose of corporate governance is to ensure that a company operates in a transparent and ethical manner, while also creating value for its shareholders.
Information that may need to be reported on corporate governance includes board member profiles, executive compensation details, audit committee information, and any conflicts of interest disclosures.
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