Does Participating in Corporate Governance Program Increase Firm Value?

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มาริษา มีประมูล
ศิลปพร ศรีจั่นเพชร

Abstract

The objective of THSI study is to examine the relationship between the corporate governance and firm value in the Stock Exchange of Thailand SET100 index during 2017 – 2019, 280 samples. THSI study uses Corporate Governance Report (CGR), Annual General Meeting (AGM), proportion of audit committee, Collective Action Coalition Against Corruption (CAC), sustainability award, and Thailand Sustainability Investment (THSI) represented corporate governance variables.


The result shows that Collective Action Coalition Against Corruption has a significantly negative relation with firm value. However, Corporate Governance Report, Annual General Meeting, Proportion of Audit Committee, Sustainability Award, and Thailand Sustainability Investment are not related to firm value.


 

Article Details

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ResearchArticles

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