การบริหารกำไรเชิงฉวยโอกาสหรือผลประโยชน์ของกิจการที่มีระดับคะแนนการกำกับดูแลกิจการที่ดีของประเทศไทย
คำสำคัญ:
คะแนนการกำกับดูแลกิจการที่ดี, การบริหารกำไร, การบริหารกำไรเชิงฉกฉวยโอกาส, การบริหารกำไรเชิงผลประโยชน์บทคัดย่อ
การศึกษาครั้งนี้มีวัตถุประสงค์เพื่อ (1) ศึกษาปัจจัยด้านประสิทธิผลของคณะกรรมการบริษัท โครงสร้างผู้ถือหุ้น และค่าตอบแทนผู้บริหารที่มีอิทธิพลต่อการบริหารกำไร และ (2) ศึกษารายการคงค้างที่ขึ้นอยู่กับดุลยพินิจของฝ่ายบริหารของกิจการที่มีผลคะแนนด้านการกำกับดูแลกิจการที่ดีระดับเลิศ ดีมากและดี เป็นการบริหารกำไรในเชิงฉกฉวยโอกาสหรือเป็นผลประโยชน์ วิธีดำเนินการวิจัย คือ การวิจัยเชิงปริมาณ ใช้วิธีการวิเคราะห์โดยแบบจำลอง Panel Data Random Effects โดยใช้กลุ่มตัวอย่างที่เป็นบริษัทจดทะเบียนในตลาดหลักทรัพย์แห่งประเทศไทย ระหว่างปีพ.ศ. 2552-2555 ผลการวิจัยพบว่า 1.) สัดส่วนกรรมการบริษัทที่มีความรู้ความชำนาญทางด้านการเงินและบัญชี รวมถึงจำนวนครั้งของการประชุมคณะกรรมการบริษัททำให้การบริหารกำไรเพิ่มขึ้น ในขณะที่สัดส่วนของคณะกรรมการตรวจสอบที่มีความรู้ความชำนาญทางด้านการเงินและบัญชีทำให้การบริการกำไรลดลงและ 2.) การบริหารกำไรในประเทศไทยเป็นการบริหารกำไรในเชิงฉกฉวยโอกาส (Opportunistic Earning Management) เนื่องจากรายการคงค้างที่ขึ้นอยู่กับดุลยพินิจของฝ่ายบริหารมีผลในทิศทางตรงกันข้ามกับมูลค่ากิจการ (Firm Value)
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