Human Capital Disclosure and Organizational Performance for Thai Listed Companies
Main Article Content
Abstract
The purposes of this research are to study the current situation of human resource accounting in Thailand in term of human capital disclosure and to study the relationship between human capital disclosure and organization performance. The samples were the Thai listed companies on the Stock Exchange of Thailand in 2017, with the total of 250 companies from eight industries. The research tools were annual report and the form 56-1. Content analysis was used to measure human capital disclosure. Besides, organization performance was evaluated by using financial indicators, including Return on Assets (ROA) and Return on Equity (ROE). The statistics used for data analysis were descriptive statistics and multiple regression analysis. The results found that the most disclosure topic was the number of employees, while the least disclosure topic was employee training expenses. Moreover, it revealed that there was no relationship between human capital disclosure and ROA performance. However, there is a negative relationship between human capital disclosure and ROE performance.
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