Shareholder Structure and Good Corporate Governance Affect The Results of Operations of The Resources And Technology Business Groups Listed on The Stock Exchange of Thailand

Authors

  • Vorapreeya Changak Faculty of Accounting, Sripatum University

Keywords:

Shareholder structure, corporate governance, Performance

Abstract

The purpose of this study was to study the shareholder structure affect the firm performance, and to study good corporate governance affect the firm performance. The sample in this study are the listed company on the Stock Exchange of Thailand, in Resources and Technology Business industry Group 102 companies. The data was collected from financial statements for the past 4 years during the year 2017 – 2020 total 408 firm years. The statistics used are as follows: descriptive statistics analysis and multiple regression analysis. The results showed that Good corporate governance in proportion to the number of independent committees affects operating results in terms of Return on Total Assets Return on Equity and Return on Net Profit statistically significant at the 0.10 level.

References

Manosoonthorn, W. (2015). Characteristics of Boards of Directors and Audit Committees in Relation to Performance of Companies Having Announced Initial Public Offerings in Thailand. Master of Accounting. Integrated Business Accounting Faculty of Commerce and Accountancy, Thammasat (In Thai).

Panichpipat, K. (2019). The Relationship Between Corporate Governance Profit Management and Economic Value Added of Companies Listed in The Stock Exchange of Thailand set100. Master of Accounting Thesis, Sripatum University (In Thai).

Samerjit, U., & Sukheecheep, S. (2018). The Relationship between Ownership Structures and Cost of Equity of Thai Listed Companies on the Stock Exchange of Thailand. Master of Business Administration. Faculty of Business Administration and Information Technology Rajamangala University of Technology Suvarnabhumi (In Thai).

Suvichano, P. (2017). The association of risk management committee's characteristics and firm performance of companies listed on the Stock Exchange of Thailand. doi:10.14457/TU.the.2017.47

Thanaluxvong, V. (2019). The Relationship Between good Corporate Governance and Firm Performance of Listed Companies in Profitability Inmarket for Alternative Investment. Master of Accounting, Faculty of Accounting, Sripatum University (In Thai).

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Published

30-06-2022

How to Cite

Changak, V. . (2022). Shareholder Structure and Good Corporate Governance Affect The Results of Operations of The Resources And Technology Business Groups Listed on The Stock Exchange of Thailand. Research and Development Journal Suan Sunandha Rajabhat University, 14(1), 117–129. retrieved from https://so05.tci-thaijo.org/index.php/irdssru/article/view/253340

Issue

Vol. 14 No. 1 (2022): January-June 2022

Section

Research Articles

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Copyright (c) 2022 Suan Sunandha Rajabhat University

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

บทความที่ได้รับการตีพิมพ์เป็นลิขสิทธิ์ของ สถาบันวิจัยและพัฒนา มหาวิทยาลัยราชภัฎสวนสุนันทา

ข้อความที่ปรากฏในบทความแต่ละเรื่องในวารสารวิชาการเล่มนี้เป็นความคิดเห็นส่วนตัวของผู้เขียนแต่ละท่านไม่เกี่ยวข้องกับมหาวิทยาลัยราชภัฎสวนสุนันทา และคณาจารย์ท่านอื่นๆในมหาวิทยาลัยฯ แต่อย่างใด ความรับผิดชอบองค์ประกอบทั้งหมดของบทความแต่ละเรื่องเป็นของผู้เขียนแต่ละท่าน หากมีความผิดพลาดใดๆ ผู้เขียนแต่ละท่านจะรับผิดชอบบทความของตนเองแต่ผู้เดียว