THE RELATIONSHIP BETWEEN THE SLACK RESOURCES COMPENSATION AND FIRM PERFORMANCE OF LISTED COMPANIES IN THE STOCK EXCHANGE OF THAILNAD

Authors

  • Pongsirapop Thongdeerawisuraket College of Innovative Business and Accountancy, Dhurakij Pundit University
  • Pattanant Petchchedchoo Vice President in Strategic Alliance, Dhurakij Pundit University
  • Siridech Kumsuprom Dean, College of Innovative Business and Accountancy, Dhurakij Pundit University

Keywords:

Slack Resources, Performance

Abstract

Slack resources play an important role in planning modification and controlling corporate policy as well as determining key strategies. Therefore, slack resource is a part of organization’s success and creates value-added to the organization’s performance. The purpose of this research is to study the relationship between the slack resources and performance of the companies listed in the Stock Exchange of Thailand. This research applies questionnaires as a tool for data collection. The samples of this study are top management and annual report of those listed companies. Data analysis is divided into three techniques which are exploration factor analysis, confirmatory factor analysis and hypothesis testing structural equation modeling. The research found that of slack resources which are organization slack, financial slack and slack resource compensation are positively related to operation performance of listed companies. In addition, there is an indirect relationship of organizational slack which means an efficient management of the organization’s compensation leads to increased financial slack efficiency as well.

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References

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Published

2020-05-22

How to Cite

Thongdeerawisuraket, P., Petchchedchoo, P., & Kumsuprom, S. (2020). THE RELATIONSHIP BETWEEN THE SLACK RESOURCES COMPENSATION AND FIRM PERFORMANCE OF LISTED COMPANIES IN THE STOCK EXCHANGE OF THAILNAD. Suthiparithat, 33(107), 111–124. Retrieved from https://so05.tci-thaijo.org/index.php/DPUSuthiparithatJournal/article/view/242579

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Section

Research Articles