Social Responsibility Corporate Governance Mechanism And The Quality Of Auditing That affects The Performance Of The Listed Company On The Stock Exchange Of Thailand
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Abstract
This Research is aimed to study the social responsibility, mechanism of business governance and quality of auditing which has impacts on the operation of listed companies in the Stock Exchange of Thailand. The populations used in this Research are listed companies in the Stock Exchange of Thailand. Financial Data: 5 years retrospectively (2016-2020); Total: 76 companies. The Researcher has analyzed the data by using descriptive statistics including Arithmetic Mean, Standard Deviation, Percentage and inferential statistics including Pearson’s Correlation Coefficient and Multiple Regression Analysis. According to the study result, it was found that the social responsibility for consumers (PRCI) had positive relationship with market shares (MS); the social responsibility for environmental protection had positive relationship with the returns of assets (ROA) and the net value of property (NVP); the social responsibility for innovation and dissemination of innovation (CSRI) had negative relationship with the returns of assets (ROA) and the net value of property (NVP); the social responsibility for joint development of communities or societies (CID) had negative relationship with the returns of assets (ROA) and the net value of property (NVP); the social responsibility for fair business operation (SFOP) had negative relationship with market shares (MS); the social responsibility for anti-corruption (AC) had negative relationship with market shares (MS); the social responsibility for proportions of shareholding of institutional investors (IS) had positive relationship with the returns of assets (ROA); the social responsibility for numbers of meetings (NBM) had negative relationship with the returns of assets (ROA) and the net value of property (NVP); and proportions of shareholding of institutional investors (IS) had negative relationship with the net value of property (NVP); sizes of audit companies had positive relationship with the returns of assets (ROA) and the net value of property (NVP) but had negative relationship with market shares (MS); audit fees which were collected from customers (compensation) had positive relationship with the net value of property (NVP).
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