Enhancing Financial Performance Towards Sustainable Market Value of Listed Companies in The Stock Exchange of Thailand

Authors

  • Sroypet Lissani School of Accountancy, Sripatum University, Thailand
  • Titaporn Sincharoonsak School of Accountancy, Sripatum University, Thailand

Keywords:

Financial Performance, Market Value

Abstract

This research aims to develop an operational manual for enhancing financial performance towards sustainable market value of listed companies in the Stock Exchange of Thailand. It is a qualitative study, with key informants including (1) accounting and finance experts, (2) executives and business consultants, and (3) stakeholders and investors, with three participants in each group, totaling nine individuals. The study employed in-depth interviews as the primary data collection method. The research findings indicate that enhancing financial performance towards sustainable market value of listed companies in the Stock Exchange of Thailand consists of: (1) Maintaining a balance between debt financing and equity financing. (2) Managing the cash cycle efficiently. (3) Investing in human capital development through training and skill enhancement. (4) Promoting creativity and internal innovation.

References

กรุงเทพธุรกิจ. (2563). Work From Home คืออะไร ช่วยให้รอดจาก โควิด-19 อย่างไร. สืบค้นเมื่อ 10 พฤษภาคม 2564, จากเว็บไซต์: https://www.bangkokbiznews.com/lifestyle/872368

ประชาชาติธุรกิจ. (2564). พิทักษ์ รัชกิจประการ PTG บิ๊กมูฟรุกน็อนออยล์. สืบค้นเมื่อ 10 มีนาคม 2564, จากเว็บไซต์: https://www.prachachat.net/breaking-news/news-814738

อีไฟแนนช์ไทย. (2562). 10 เรื่องน่ารู้หุ้น รพ.อินเตอร์เมดิคัลแคร์ แอนด์ แล็บ (IMH). สืบค้นเมื่อ 11 มีนาคม 2564, จากเว็บไซต์: https://www.efinancethai.com/ipo/IpoCornerMain.aspx?name=ipo_IMH

Arachchi, A. N. H., Perera, W., & Vijayakumaran, R. (2017). The impact of working capital management on firm value: Evidence from a frontier market. Asian Journal of Finance & Accounting, 9(2), 399–413.

Hasnawati, Sri. (2005). Dampak Set Peluang Investasi Terhadap Nilai Perusahaan Publik di Bursa Efek Jakarta. Jurnal Akuntansi dan Auditing Indonesia, 9(2), 117-126.

Manoppo, H., dan F. V. Arie. (2016). Pengaruh Struktur Modal, Ukuran Perusahaan dan Profitabilitas Terhadap Nilai Perusahaan Otomotif yang Terdaftar di Bursa EfekIndonesia Periode 2011-2014. Jurnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi, 4(2), 485-497.

Nimalathasan, B, (2009). Profitability of listed pharmaceutical companies in Bangladesh: An inter and intra comparison of AMBEE and IBN SINA Companies Ltd, Economic and Administrative series, 3, 139-148.

Sabrin, S. B., Takdir, D., & Sujono. (2016). The International Journal of Engineering and Science (IJES), 5(10), 81-89.

Toshniwal, R. (2016). Concept of Profit and Profitability of Commercial Banks in India. International Journal of Science Technology and Management, 5(12), 547-551.

Velnampy, T., & Nimalathasan, B. (2010). Firm Size on Profitability: A Comparative Study of Bank of Ceylon and Commercial Bank of Ceylon Ltd in Sri Lanka. Global Journal of Management and Business Research, 10(2), 96-100.

Weston J. Fred & Copeland Thomas E. (1997). Manajemen Keuangan. Volume 2. Edisi ke-8. Alih Bahasa. PT Glora Aksara Pratama. Jakarta.

Downloads

Published

2025-06-30

How to Cite

Lissani, S. ., & Sincharoonsak, T. (2025). Enhancing Financial Performance Towards Sustainable Market Value of Listed Companies in The Stock Exchange of Thailand. The Journal of Development Administration Research, 15(2), 1087–1094. retrieved from https://so01.tci-thaijo.org/index.php/JDAR/article/view/279477

Issue

Section

Research Articles