MANUFACTURER’S CAPITALIZATION AND VALUE OF WORTH TO THE GOVERNMENT: THE STUDY OF TAX INCENTIVES RECEIVED BY MANUFACTURERS OF HARD DISK DRIVES AND COMPONENTS FROM THAILAND’S BOARD OF INVESTMENT
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Abstract
The research objectives were (1) to study the Capitalization of Production had been promoted by BOI (2) To determine the value of the worth of the government to encourage investment (3) to study the influence of the tax incentive had been promoted by BOI towards the manufacturer’s capitalization and value of the worth of the government (4) to study advantages and disadvantages of offering tax incentives of BOI to manufacturing firms. The research population manufacturers of the hard disk drives and components consisted of 61 companies Used quantitative data analysis, mean percentile and stepwise multiple regression analysis.
The research findings were as follows:
1. Results manufacturer’s capitalization divided into financial analysis, summed of the net present value is positive, which comparable with the investment 1 baht returned 1.13 baht. 7.16 percent was internal rate of return higher than the average interest rate MLR.
2. Summed of the net present value is negative, comparable to the investment 1 baht was returned 0.75 baht. internal rate of return 3.87 percent, lower interest rates on government bonds.
3. In hypothesis testing, firstly, financial analysis, an exemption from corporate income tax and the tax on scrap reduction has a positive influence on the capitalization of business. And Environmental performance had a negative influence on the capitalization of business. The tax exemption on scrap reduction had been a positive influence on the value of worth of government.
Article Details
Academic articles, research articles, and book reviews in the Ph.D. in Social Sciences Journal are author’s opinions, and not the publisher’s, and is not the responsibility of the Ph.D. in Social Sciences Journal Philosophy Association, Ramkhamhaeng University. (In the case that research is done on human, the researcher has to be trained in Ethics for Doing Research on Human Training and has to produce the evidence of the training).
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