Social responsibility, corporate governance mechanisms, and audit quality affecting the operations of companies listed on the stock exchange of Thailand
Abstract
The research objective was to study social responsibility, corporate governance
mechanisms, and audit quality that affect the operations of companies listed on the
Stock Exchange of Thailand. The population used in this study was 76 companies listed
on the Stock Exchange of Thailand. The annual financial data was from year 2016 to
2020. The data were analyzed using descriptive statistics such as mean, standard
deviation, percentage, and inferential statistics such as correlation analysis (Pearson's
Correlation Coefficient) and Multiple Regression Analysis.
The study found that the social responsibility on consumer responsibility
(PRCI) was positively correlated with market share (MS). Environmental stewardship
(EN) was positively correlated with Return on Assets (ROA) and company value (NVP).
Innovative and outreach (CSRI) is negatively correlated with Return on Assets (ROA)
and company value (NVP). Community or social development (CID) was negatively
correlated with Return on Assets (ROA) and company value (NVP). Fair operation
(SFOP) was negatively correlated with market share (MS). Anti-corruption (AC) was
negatively correlated with market share (MS). Institutional investor shareholding (IS)
was positively correlated with Return on Assets (ROA). Number of meetings (NBM) was
negatively correlated with Return on Assets (ROA) and market share (MS). Institutional
investor shareholding (IS) was negatively correlated with company value (NVP).
Audit firm size (size) was positively correlated with Return on Assets (ROA) and
company value (NVP) but negatively correlated with market share (MS). Compensation
paid by auditors to LN clients (compensation) was positively correlated with company
value (NVP).
Collections
- Theses [97]