Relationship Between Corporate Governance and Asset Management Efficiency and Profitability of M.A.I. Stock Exchange-Listed Companies

Abstract

   The purposes of the research were to the study of the relationship between corporate governance and asset management efficiency and profitability of listed companies for M.A.I was aimed at investigating the relationship between corporate governance and the ability to perform profit Net profit margin The rate of return almost on assets and the relationship between asset management efficiency and profitability of M.A.I listed companies based on the concept of corporate governance, such as corporate governance assessment. Board size and the number of meetings and asset management efficiency, including total and fixed asset turnover ratio the study population was Companies listed on the Market for Alternative Investment, except for the Financial Group and companies in the process of rehabilitation during 2017-2019 totaling 288 firms-year observations. The statistics used to analyzed the data is multiple regressions analysis.

   The results showed that the research found there were significant at the .05 level for the relationship between the corporate governance and profitability, the variables were the frequency of board of directors meetings. the relationship between  asset management efficiency and profitability, there were no variables relating to profitability. The findings of this research could be explained as the corporate governance correlates with profitability.