2008•지역개발연구Requires access
A Path to be the Efficient Thai Stock Market
Chollada Luangpituksa
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Abstract
To mobilize capital to support Thailand`s industrialization and economic development, the Stock Exchange of Thailand; SET was established in 1975. During these 30 years, unusual trading still has been found. The SET has employed computer systems to enhance market to be efficient, equitable and fluid trading as well as market surveillance. Information disclosure and corporate governance enhance transparent and fair trading. Rules and regulations issuances according to new securities act amendment have ensure market efficiency. Measurement of market liquidity and market development show that the SET is under its path to be one of the efficient and developed international stock market.