"A timely assessment of what Thailand has hitherto achieved in its efforts to improve corporate governance and a realistic look at how it can grapple with the remaining challenges on its agenda." Olarn Chaipravat, Fiscal Policy Research Institute, Thailand "A well-crafted work by Thai scholars who take readers on a journey from the pre- to the post-Asian financial crisis. Looking from the current standpoint, this book serves as a reflection on the developments in Thailand's first major efforts on corporate governance which have since moved Thailand away from that turbulent period." Chalee Chantanayingyong, Securities and Exchange Commission, Thailand