Earnings Quality, Corporate Governance Structure and Corporate Social Performance of Manufacturing Companies Listed on the Stock Exchange of Thailand

Authors

  • Chutima Nakprasit Faculty of Business Administration, Rajamangala University of Technology Isan, Thailand
  • Prasobrerk Rattanayong Faculty of Buddhist Studies, Mahachulalongkornrajavidyalaya University, Thailand

Keywords:

Earnings Quality, Corporate Governance, Corporate Social Performance

Abstract

The objective of this study is to investigate the relationship between earnings quality, corporate governance structure and corporate social performance (CSP) emphasizing on 317 manufacturing companies listed on the Stock Exchange of Thailand (SET). Earnings quality is calculated from four measurements while corporate governance structure is represented by ownership concentration, foreign ownership, board independence and CEO duality. In this study, CSP disclosure index is constructed in accordance with Thai institution guideline based on GRI (Global Reporting Initiative) framework in order to assess the extent of CSP. Regression analysis reveals a significant positive relationship between earnings quality and CSP. The result also indicates a significant positive relationship between ownership concentration and CSP. It implies that ethical and transparent character of Thai companies and ownership concentration contributes to CSP commitment.

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Published

2019-07-01

How to Cite

Nakprasit, C., & Rattanayong, P. (2019). Earnings Quality, Corporate Governance Structure and Corporate Social Performance of Manufacturing Companies Listed on the Stock Exchange of Thailand. Asian Interdisciplinary and Sustainability Review, 8(2), 109–122. Retrieved from https://so05.tci-thaijo.org/index.php/PSAKUIJIR/article/view/242926

Issue

Vol. 8 No. 2 (2019): PSAKU International Journal of Interdisciplinary Research, Vol. 8, No. 2, 2019

Section

Articles