THE USE OF TECHNOLOGY IN PSYCHOLOGY: EXAMPLES FROM AN INTRODUCTORY ...

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• cours magistral
• cours - matière potentielle : thought
• mémoire - matière potentielle : card
• exposé
• expression écrite
• cours - matière potentielle : materials for everyone
• fiche de synthèse - matière potentielle : research
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THE USE OF TECHNOLOGY IN PSYCHOLOGY: EXAMPLES FROM AN INTRODUCTORY PSYCHOLOGY AND STATISTICS CLASS Isabelle D. Cherney Creighton University Department of Psychology 2500 California Plaza Omaha, NE 68178 Tel: [phone] Fax: [phone] Email: INTRODUCTION Teaching at its finest requires that instructors consider every educational tool at their command – various techniques and technologies – to give their students the richest educational experience possible.

• digital pictures
• statistics class
• types of classes
• introductory statistics class
• easy downloads of digital film material
• examples from an introductory psychology
• c.e.
• c. e.
• technology
• teaching
• classroom

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• Cours magistral
• Thought
• Exposé
• Research
• Format
• Albright

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• Publié par: actou
• Nombre de lectures: 31
• Langue: English
• Poids de l'ouvrage: 1 Mo

Extrait

VISION To be a leading securities company
in Thailand
MISSION Excellence in
B : B rand
L : L eadership
S : S ervice
L : L earningVALUE
O : O pen
T : T rust
U : U nited
S : S ervice
To Serve You Better
The rare Four-leaf Clover is universally recognized as a Symbol of Good Luck. The four leaves
represent Hope, Faith, Love and Luck. BLS has arranged its logo Like the Four-leaf Clover, inspired
by its significance as a symbol of good luck and positive themes for living.CONTENTS
Page
Message from the Chairman 2
Report of the Audit Committee 4
Report of the Nomination and Remuneration Committee 6
Report of the Risk Management Committee 7
Board of Directors 8
Management Team 9
Corporate Social Responsibility 10
Joint activities with Bangkok Bank 13
2009 Corporate Activities 14
Awards and Recognition 15
Financial Highlights 16
Profile of the Board of Directors and Management Team 17
General Information 25
Major Business 26
Market and Competition 35
Risk Factors 43
Shareholding Structure 47
Management 48
Corporate Governance 72
Supervision of Inside Information Usage 94
Internal Control 95
Dividend Policy 95
Related Party Transaction 99
Managementûs Discussion and Analysis 106
Report of the Board of Directors 113
Report of the Auditor 114
Financial Statements 115
2009 Auditorûs Remuneration 149
Branches 150
Bualuang Securities Public Company Limited 1Message from the Chairman of the
Board of Directors
Dear Shareholders,
The overview performance of the Thai capital market in 2009 improved over that of
2008, as a result of the economic recovery following the governmentûs economic stimulus
packages and investment spending and despite the prevailing uncertainties presented by the
global economy and the domestic political situation. The governmentûs budget
disbursements helped stimulate inflows of capital to the stock market, pushing up the index.
The combined turnover of the Stock Exchange of Thailand (SET) and the Market for Alternative Investments (MAI)
in 2009 was the highest since 2005-average daily trade of Bt18,226 million, up 13.1% compared with 2008. The market
capitalization of the SET and MAI at YE09 was at Bt5.91 trillion, up 64.77% over YE08, which was in line with the rise in
the SET index. Comparing YE09 with YE08, the SET Index rose to 737.54 from 449.96; it peaked at 751.86 in October 2009.
Operational performance
Bualuang Securities Public Company Limitedûs (çBLSé or çthe Companyé) net profit in 2009 was recorded at Bt224.3
million, an increase of Bt87.8 million or 64.4%, from the Bt136.4 million net profit posted for 2008. This was attributable
mainly to an increase in revenues from the securities and derivative brokerage businesses, investment banking and
reduced expenses (mainly the absence of a large provision on doubtful accounts booked in 2008).
Most of BLSûs revenues continued to come from the broking business. Our brokerage market share rose from 3.98%
in 2008 to 4.08% in 2009 (which ranked us eighth among securities firms) and contributed income of Bt773.5 million,
representing 71.9% of total revenues. The Companyûs market share last year rose in both the retail and local institutional
categories.
Brokerage fee income from our derivatives business increased 18.6% from Bt67.1 million in 2008 to Bt79.6 million in
2009, due to higher market turnover despite a decline in market share. The Companyûs TFEX market share in 2009 was
3.93%, down from 4.70% in 2008. This was due mainly to less trading by institutions.
Despite the 67.1% plunge in primary market fund-raising in 2009, BLSûs investment banking business reported
Bt123.2 million in income, representing 11.5% of total revenues-up 45.5% from 2008. It was another successful year for our
underwriting services, driven by the IPOs of Bangkok Life Assurance Public Company Limited (BLA) and the property fund
of TPARK Logistics (TLOGIS).
BLS also renders private fund and provident fund management services to investors. As of year-end 2009, assets
under management totaled Bt12,185 million, comprising Bt4,782 million in private funds and Bt7,403 million in provident
funds. Fee income from fund management in 2009 totaled Bt28.1 million, or 2.6% of total revenues.
Financially, we are in good health. As of December 31, 2009 assets totaled Bt2,774.1 million and shareholder equity
stood at Bt1,483.9 million. Our net capital ratio was 98.7%, testifying to substantial capacity to expand the range and
breadth of business activities without need for a recapitalization.
Business direction and framework in 2010
The year 2010 will be one of challenges, as securities firms gear up for brokerage fee liberalization in 2012. Fierce
pricing competition in the broking business is set to break out this year with the adoption of sliding scale commissions,
which will vary based on the securities trading volume. Also, brokerage fees will be negotiable cases where more than
Bt20 million is traded per day.
In preparation for the upcoming changes, we have made adjustments to our business operations. We have worked
to develop and improve our quality of service and IT infrastructure, our staff servicing efficiency and the quality and
breadth of our securities research. We have focused more on generating fee income and have started to diversify into new
businesses. We now offer a greater range of products and services to our customers, which also means new income
channels for the Company.
2 Annual Report 2009We also continue to enjoy strong support from BBL, our major shareholder, which will help to create and build
further business opportunities. We will continue to focus on leveraging off our parent companyûs client base relationships,
distribution assets and network reach to build a strong securities franchise in Thailand.
Corporate social responsibility
BLS realizes that business operations should be conducted with due regard and responsibility to society and the
environment and in an ethical manner. This realization is in keeping with the SETûs policy of encouraging private entities
to run their businesses with social responsibility in mind. The Company in 2009 rendered support to the çCharitable Stock
Trading with BLS for H.R.H. Princess Maha Chakri Sirindhorn Buildingé Project. Under the project, individual and
institutional investors were invited to make merit by trading stocks on December 3, 2009. The Companyûs individual and
institutional investors cooperated by trading stocks through Bualuang, generating brokerage fee income (after deducting
expenses for marketing officers) of Bt5,040,000. Furthermore, another Bt274,333 was donated by customers and staff.
Bualuang Securities also joined in various social contribution projects e.g. çCoins on Silomé organized by the Rotary
Club of Bangkok South. These projects are meant to benefit the underprivileged and the disabled. The Company also
arranged public charitable activities by donating money and materials and providing lunches to students at Petchburi
Panyanukul School. Moreover, Bualuang Securities promoted supplementary learning and education outside the classroom
by welcoming undergraduate and graduate students studying at various universities to visit and tour the Company and
listen to brief presentations on the securities business
Awards
We are pleased to inform you that the Thai Institute of Directors assessed and rated the Corporate Governance (CG)
practices of BLS in 2009 as çExcellenté. The Company was one of only 52 listed firms to receive such a CG rating in the
2009 assessment.
Furthermore, the Securities and Exchange Commission in association with the Thai Investors Association assessed
the quality of BLSûs 2009 Annual General Meeting of Shareholders (AGM) as çExcellenté for the fourth consecutive year.
The total score we received was 100 (the highest possible score), which was assessed as a commendable example of
holding an annual general meeting of shareholders.
To Serve You Better
BLS is committed çto serve you betteré, as our corporate motto reminds us ceaselessly. For our customers, we are
committed to improving our service quality further, developing new products and enhancing the expertise of our
personnel. For our stakeholders, we are committed to adhering to good corporate governance principles. We believe our
good corporate governance practices enhance confidence among, and protect the interests of, our shareholders and all
concerned parties, as well as help to raise the Companyûs competitiveness.
Our undertakings, innovations and commitments are made possible by the concerted support, cooperation,
dedication and contribution of all the parties concerned-our shareholders, customers, patrons, business allies and our staff.
I would like to take this opportunity to thank all of you, and to wish you happiness and success in your careers and family
lives.
(Mr. Sansern Wongcha-um)
Chairman of the Board of Directors
Bualuang Securities Public Company Limited 3Report of the Audit Committee
Dear Shareholders,
The Audit Committee of Bualuang Securities Public Company Limited (çthe
Companyé) comprises three members of the Board of Directors, each of whom
possesses sufficient knowledge and experience to review