The Effect of Board of Directors toward Sustainable Report Disclosures of Thai Listed Companies

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Published: Dec 27, 2019

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ดลยา ไชยวงศ์

Abstract

The objective of this study is to investigate the impact of board of directors on the sustainable report disclosures (hereafter called SRD) of listed companies in the Stock Exchange of Thailand. The study period is based on during the year 2015-2017 and the sample could be divided into eight industries according to the Stock Exchange of Thailand, which excluded the REHABCO industry, MAI, and PF&REIT fund, respectively. The sample size consists of 436 companies. The questionnaires of United Nations Global Compact are used for the evaluation of SRD. Data analysis is utilized by a multiple regression analysis. This paper finds that board size and accounting profession board have positive effects on the SRD. While, dual CEO has negative effects on the SRD. When divided the sample into two groups (firms with and without sustainable report), this paper finds that the effects of firms without sustainable report are similar, except firms with higher age have a lower SRD. Regarding control variables, firm size, profitability and the sustainable report have positive effects on the SRD. However, the relationship between board independent and SRD is significantly positive for companies with the sustainable report. The results are useful to provide the guideline to the regulators in developing the rule and encouraging listed companies to disclosures a better sustainable report.

Article Details

Issue
Vol. 13 No. 3 (2019): September - December 2019
Section
Research Articles (บทความวิจัย)

            1. เนื้อหาและข้อมูลในบทความที่ลงตีพิมพ์ในวารสารวิชาการมหาวิทยาลัยราชภัฏศรีสะเกษ ถือเป็นข้อคิดเห็นและความรับผิดชอบของผู้เขียนบทความโดยตรง ซึ่งกองบรรณาธิการวารสาร ไม่จำเป็นต้องเห็นด้วย หรือร่วมรับผิดชอบใด ๆ
            2. บทความ ข้อมูล เนื้อหา รูปภาพ ฯลฯ ที่ได้รับการตีพิมพ์ในวารสารวิชาการมหาวิทยาลัยราชภัฏศรีสะเกษ กองบรรณาธิการไม่สงวนสิทธิ์ในการคัดลอกบทความเพื่อการศึกษา แต่ให้อ้างอิงแหล่งที่มาให้ครบถ้วนสมบูรณ์

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