The factors that influence of earnings management of listed companies on The Stock Exchange of Thailand, SET100 index group

Abstract

          This study aims to analyze the factors influencing earnings management of companies listed on The Stock Exchange of Thailand, SET100 index group, by studying during 2017-2019 total period 3 years. The sample consisted of 34 companies. The study had the following conditions: 1) Excluding the sample with incomplete financial statements, listed companies in the process of rehabilitation or being withdrawn form SET and companies in the financial industry 2) A company with end of accounting period as of December 31. All information has been collected from the online stock market information system (SETSMART) in the form of 56-1 and annual report. Data were processed and analyzed by descriptive statistic and Multiple regression.

          The results showed that Management's compensation (COM) and size of business (SIZE) have a positive influence on the earnings management under the discretion accruals (DA) based on the hypothesis. Cash flow from operating activities (CFO) Return on total assets (ROA) Sales growth rate (GROWTH) Financial risk (LEV) has no influence on earnings management under discretion accrual (DA).