Relationship of Corporate Governance: The Mediating Role of Accounting Conservatism on Real Earnings Management of Thai Listed Companies
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Abstract
This article aimed to 1) study the relationship between corporate governance and the mediating role of Thai listed companies. 2) Study the relationship between accounting conservatism and real earnings management of Thai listed companies. 3) Study the relationship of corporate governance and the mediating role of real earnings management of Thai listed companies. The sample was quantitative research. The secondary data collection was selected from the Thai listed companies. 2021-2023, Sample group 1,053 data, 351 companies. The instrument for collecting data in this research uses descriptive statistics and multiple regression analysis.
The research results were found as follows: 1) Companies that have corporate governance have the highest percentage of shareholders. The relationship is significantly positive statistically with accounting conservatism. 2) The accounting conservatism of the relationship is significantly positive statistically with real earnings management of cash flow (REM_CFO). The accounting conservatism of the relationship is significantly positive statistically with real earnings management of production cost (REM_PROD). The board meeting passes the mediating role of accounting conservatism on real earnings management of cash flow (REM_CFO). And 3) Real earnings management of production cost (REM_PROD). The relationship is significantly positive between the independent variable and the mediating role of the dependent variable. Test results accounting for the conservatism of the mediating role of complete mediation—the independent variable of influence. The relationship between the dependent variables is directly linked. The intervening variable has a direct impact.
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