The Impact of Corporate Governance on Operational Performance of Listed Companies in the Stock Exchange of Thailand

Authors

  • Piyanat Thunputtadom School of Accountancy, Sripatum University, Thailand
  • Tharinee Pongsupatt Faculty of Business Administration, Kasetsart University, Thailand
  • Sillapaporn Srijunpetch Faculty of Commerce and Accountancy, Thammasat University, Thailand
  • Titaporn Sincharoonsak School of Accountancy, Sripatum University, Thailand
  • Montree Chuaychoo School of Accountancy, Sripatum University, Thailand
  • Suree Bosakoranut School of Accountancy, Sripatum University, Thailand

Keywords:

Corporate Governance, Operational Performance, Listed Companies, Stock Exchange of Thailand

Abstract

The purpose of this study is to investigate the variation of the corporate governance mechanisms which effects on the operational performance of listed companies in the Stock Exchange of Thailand (SET). The qualitative research methods were used to collect data and used the Panel Data Random Effects to analyze data. The research sampling was selected from the listed Companies in the SET, recorded during 2011-2015. The selected 1,665 listed Companies were used to analyze the impact of the corporate governance. The research results found that corporate governance mechanism, CEO Duality and the number of board meeting held the significant negative impacts on the operational performance of listed companies in the SET. Whereas the board size and the board independence have no significant impacts on the operational performance of listed companies in the SET.

Downloads

Published

2019-12-15

How to Cite

Thunputtadom, P., Pongsupatt, T., Srijunpetch, S., Sincharoonsak, T., Chuaychoo, M., & Bosakoranut, S. (2019). The Impact of Corporate Governance on Operational Performance of Listed Companies in the Stock Exchange of Thailand. Asian Administration and Management Review, 1(1), 84–93. Retrieved from https://so01.tci-thaijo.org/index.php/AAMR/article/view/229500