The Relationship Between Key Audit Matters (KAM) disclosure and stock price of SET 100 companies from the Stock Exchange of Thailand

Authors

  • Sitchai Limaporn Faculty of Management Sciences, Prince of Songkla University, Hatyai Campas
  • Muttanachai Suttipun Faculty of Management Sciences, Prince of Songkla University, Hatyai Campas
  • ,Kanokwan Binarvang Faculty of Management Sciences, Prince of Songkla University, Hatyai Campas
  • Charinya Yebmae Faculty of Management Sciences, Prince of Songkla University, Hatyai Campas
  • Panisa chamradlaph Faculty of Management Sciences, Prince of Songkla University, Hatyai Campas
  • Sokontha Eukuntorn Faculty of Management Sciences, Prince of Songkla University, Hatyai Campas

Keywords:

KAM disclosure, stock price, the Stock Exchange of Thailand

Abstract

The study’s objectives aimed to investigate the extend of key audit matter (KAM) disclosure of auditor’s report, to test the different level of KAM disclosure between before (year 2014-2015) and after (year 2016-2017) regulation in Thailand, and to examine the relationship between KAM discloser after regulation and stock price of SET 100 companies from the Stock Exchange of Thailand. Samples of this study were 57 companies that had been in SET 100 during the years 2014 to 2017. Descriptive analysis, t-test, and multiple regression are used to analyze the data. The results show that, the level of KAM disclosure before regulation was 0.49 topic per year, while it was 2.25 topics per year after regulation. There was significantly different level of KAM disclosure between before and after regulation. More over, there was a positively significant relationship between number of KAM disclosure and the stock price.

Author Biographies

Sitchai Limaporn, Faculty of Management Sciences, Prince of Songkla University, Hatyai Campas

Lecturer, Faculty of Management Sciences, Prince of Songkla University, Hatyai Campas

Muttanachai Suttipun, Faculty of Management Sciences, Prince of Songkla University, Hatyai Campas

ภาควิชาการบัญชี คณะวิทยาการจัดการ
มหาวิทยาลัยสงขลานครินทร์ วิทยาเขตหาดใหญ่ ต.คอหงส์ อ.หาดใหญ่
จ. สงขลา 90112

,Kanokwan Binarvang, Faculty of Management Sciences, Prince of Songkla University, Hatyai Campas

นักศึกษาปริญญาโท หลักสูตรบัญชีมหาบัณฑิต คณะวิทยาการจัดการ มหาวิทยาลัยสงขลานครินทร์ วิทยาเขตหาดใหญ่

Charinya Yebmae, Faculty of Management Sciences, Prince of Songkla University, Hatyai Campas

นักศึกษา ปริญญาโท หลักสูตรบัญชีมหาบัณฑิต คณะวิทยาการจัดการ มหาวิทยาลัยสงขลานครินทร์ วิทยาเขตหาดใหญ่

Panisa chamradlaph, Faculty of Management Sciences, Prince of Songkla University, Hatyai Campas

นักศึกษาปริญญาโท หลักสูตรบัญชีมหาบัณฑิต คณะวิทยาการจัดการ มหาวิทยาลัยสงขลานครินทร์ วิทยาเขตหาดใหญ่

Sokontha Eukuntorn, Faculty of Management Sciences, Prince of Songkla University, Hatyai Campas

นักศึกษาปริญญาโท หลักสูตรบัญชีมหาบัณฑิต คณะวิทยาการจัดการ มหาวิทยาลัยสงขลานครินทร์ วิทยาเขตหาดใหญ่

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Published

30-10-2019

How to Cite

Limaporn, S., Suttipun, M. ., Binarvang, ,Kanokwan, Yebmae, C. ., chamradlaph, P., & Eukuntorn, S. (2019). The Relationship Between Key Audit Matters (KAM) disclosure and stock price of SET 100 companies from the Stock Exchange of Thailand. Journal of Accountancy and Management, 11(3), 40–53. Retrieved from https://so02.tci-thaijo.org/index.php/mbs/article/view/235527

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Section

Research Articles