The relationship of the characteristics of boardsof directors and the Shareholder structure that affects the rate of return of listed companies on the stock exchange of Thailand
Keywords:
the characteristics of boards, Shareholder structure, The rate of return, The Stock Exchange of ThailandAbstract
This research aims to study the characteristics of boards of directors. Shareholder structure and the rate of return of companies listed on the Stock Exchange of Thailand Study the relationship between boards characteristics and shareholder structure that affect the company's rate of return. Listed on the Stock Exchange of Thailand and study and compare the rates of return of The company's industry group is listed on the Stock Exchange of Thailand. The sample used in this research included 463 companies listed on the Stock Exchange of Thailand (SET). Companies by this number do not include financial business groups. Use the entire population as the sample. Research tools include quantitative research. (Quantitative Research) The researcher has studied concepts, theories, articles, and related research according to the research concept and used them to create research tools to collect data, including checklists used to collect data. Statistics used include hundreds. The minimum value, maximum value, and multiple regression analysis. The level of significance was set at 0.05 and 0.01 The findings 1) Boards characteristics are average 5.1822 shareholder structure are average 1.0197 and The rate of return are average 5.4273 2) Boards characteristics, Size of the boards of directors, proportion of independent directors to the boards of directors and combination of the positions of chairman and chief executive officer are related and affect the rate of return of companies listed on the Stock Exchange of Thailand. Statistical significance. number of meetings attended by the boards of directors and shareholder structure does not affect the rate of return. 3) Industry Group that Boards characteristics Size of the boards of directors, proportion of independent directors to the boards of directors, combination of the positions of chairman and chief executive, number of meetings attended by the boards of directors and shareholder structure The return on equity is Statistical significance different. As the rate of return on total assets there is no difference.