Influence of Corporate Governance on firm’s performance and Liquidity in evidence from Stock Exchange of Thailand, SET 100.

Abstract

The purposes of this study were to 1. study the effect of corporate governance which affects the operation of companies listed on the Stock Exchange of Thailand, SET100 and 2. study the effect of corporate governance that affects liquidity of companies listed on the Stock Exchange of Thailand SET100 is a research model. quantitative research The research tool was questionnaires. There were 234 sample groups. from SET 100 listed companies, excluding financial industry companies during the year 2018-2020 from SETSMART: SET Marketing Analysis and Reporting Tool. Data collected from research tools were analyzed using descriptive statistics, consisting of percentage Mean Standard Deviation and procedural multiple regression and correlation analysis to test hypotheses for corporate governance influences affecting performance and liquidity of SET100 listed companies. Research has shown that 1) Corporate Governance had an influence on the performance. It was found that the Sig. value was 0.003, which was less than the level of statistical significance at the 0.05 level, indicating that the level of corporate governance had an influence on the performance; and 2) Corporate governance has influence on liquidity. It was found that the Sig. value was 0.221, which was higher than the statistically significant level at 0.05, indicating that corporate governance had no influence on liquidity.