Opinion of Good Governance Principles of Thai Listed Companies in the Stock Exchange of Thailand

Abstract

The objectives of the study were: 1) to study employees’ opinions in Companies listed on the Stock Exchange of Thailand which affects good governance in their companies 2) To study and explore personal factors of employees in Companies listed on the Stock Exchange of Thailand  that affect  opinions on good governance. The population consisted of 59 companies listed on the Stock Exchange of Thailand with excellent levels of Corporate Governance Report of Thai Listed Companies. Questionnaires were distributed by convenient sampling of 51 companies based on the Yamane formula at 95% confident level. The statistical analysis was done using the function of percentage, mean scores, standard division, One-way ANOVA, Independent – Samples T-Test and done using the SPSS program  for evaluate and data analysis. The analysis of the employees’ opinions in good governance focused on six aspects which were rule of law, merit, transparency, participation, accountability and  effectiveness & efficiency.  The results show that the level of employees’  opinions were similar in all of the aspects, except merit dimension, the level of employees’ opinions was all at a high level. The results of different personal  factors  which affects the  level of employees’ opinions in Good Governance are sex, age, the level of education, position, experience in the current job and industry groups. The results show that the level of employees’s opinions in Good Government have statistically significant differences at the level of 0.05 in all personal factors, except participation and responsibility versus age, merit versus the level of education which were not statistically different at the level of 0.05.