Journal of Federation of Accounting Professions

Factors Influencing the Level of Cybersecurity Awareness among Accounting Professionals

Pohnpan Wannasiri — 2025-09-30

This study aims to investigate the factors influencing cybersecurity awareness levels among accounting professionals. The study examines four key factors: (1) fundamental knowledge, (2) training, (3) attitudes, and (4) behaviors. Employing a quantitative research methodology, data was collected from 305 accounting professionals in Thailand through questionnaires administered between October 2024 and January 2025. The analysis employed both descriptive and inferential statistics with a significance level set at 0.05.

The findings reveal that respondents demonstrated the highest level of cybersecurity awareness overall. Fundamental knowledge and training were identified as the most significant factors, followed by attitudes and behaviors, respectively. Furthermore, demographic variables including age, professional certification, organizational affiliation, area of expertise, and work experience significantly influenced awareness levels, while gender and educational background showed no significant impact. This study proposes the development of cybersecurity curricula and training programs tailored to accounting professionals' needs, integration of cybersecurity knowledge into undergraduate accounting programs, incorporation of cybersecurity expertise into professional licensing requirements, establishment of organizational cultures emphasizing cybersecurity prevention, and promotion of collaborative networks among professional associations, educational institutions, and government agencies to develop cybersecurity practices appropriate for the Thai accounting profession context.

Unveiling the Role of Profitability in Employee and Executive Compensation of Companies Listed on The Stock Exchange (SET100)

weerawan siripong — 2025-09-30

This research’s objectives are to examine the relationship between profitability and the compensation of employees and executives in companies listed on the Stock Exchange of Thailand (SET100). The sample comprises 284 observations from SET100 companies during the period 2020 to 2023. The research employs descriptive analysis, correlation coefficients, and multiple regression analysis to test the hypotheses. The findings reveal a positive relationship between profitability, measured by the gross profit margin, and employee compensation, moderated by the proportion of female remuneration committee, at a significance level of 0.01. Additionally, profitability, measured by the return on equity (ROE), demonstrates a positive relationship with executive compensation at a significance level of 0.05. However, profitability measured by ROE exhibits a negative relationship with executive compensation when moderated by the proportion of female remuneration committee, at a significance level of 0.01. The research findings provide benefits both academically and practically. It helps investors understand the relationship between profitability and compensation of employees and executives in the Stock Exchange (SET100), which can be used to assess the potential of an organization. At the same time, executives can use this information as a guide to establish compensation policies and human resource management strategies, which will promote employees' awareness of their roles and responsibilities and motivate them to improve work efficiency.

The Influence of Capital Structure on Firm Performance through Firm Value from Listed Companies in the Stock Exchange of Thailand

chureeporn Meangjun — 2025-10-22

This research aimed to examine the influence of capital structure on firm performance through firm value among firms listed on the Stock Exchange of Thailand during the period 2020 to 2024. The study excluded firms in the financial sector, resulting in a total of 936 firm-year observations. Statistical analysis was conducted using Structural Equation Modeling (SEM) and Path Analysis. The findings revealed that capital structure had a significant influence on return on assets (ROA) and Tobin’s Q. The firm value had a positive effect on both ROA and Tobin’s Q. Furthermore, capital structure influenced ROA through the firm value, and it had a positive indirect effect on Tobin’s Q via the firm value. These results suggest that an increase in external debt raises the firm’s cost of capital, which may exceed the returns and value generated by the firm. In addition, industry growth rate was found to be associated with the firm value, firm performance, and firm value. The findings are expected to be useful for organizations in planning an appropriate capital structure to enhance firm performance, firm value, and firm value.