IDEAS home Printed from https://ideas.repec.org/p/sek/iacpro/7808742.html
   My bibliography  Save this paper

Corporate Governance Score and Earnings Quality of Companies Listed in the Stock Exchange of Thailand

Author

Listed:
  • Kanibhatti Nitirojntanad

    (Chulalongkorn University)

Abstract

The purpose of this study is to examine the relationship between corporate governance score and earnings quality of companies listed in the Stock Exchange of Thailand. This study used secondary data of companies in the Stock Exchange of Thailand in all industrial groups excluding companies in the market for alternative investment, business financial group, as well as the rehabilitation companies. The sample included companies with corporate governance score which corresponding to ?Excellent? and ?Very Good? recognition level in the year 2014 and 2015. The data was analyzed using regression analysis.In this study, the earnings quality is measured in terms of discretionary accruals and standard deviation of net income. The results suggested that corporate governance score was negatively related to discretionary accruals indicating positive relationship between corporate governance score and earnings quality. Corporate governance score was also found positively related to cash flows return to total assets. However, corporate governance score was not found to be significantly related to standard deviation of net income.The results of this study implied that corporate governance scores, based on the recognition level of the National Committee on Corporate Governance, are likely to represent earnings quality of listed companies in the Stock Exchange of Thailand in the context of discretionary accruals and cash flows return to total assets.

Suggested Citation

  • Kanibhatti Nitirojntanad, 2018. "Corporate Governance Score and Earnings Quality of Companies Listed in the Stock Exchange of Thailand," Proceedings of International Academic Conferences 7808742, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:7808742
    as

    Download full text from publisher

    File URL: https://iises.net/proceedings/38th-international-academic-conference-prague/table-of-content/detail?cid=78&iid=025&rid=8742
    File Function: First version, 2018
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    corporate governance; corporate governance score; earnings quality; discretionary accurals; cash flows return to total assets;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sek:iacpro:7808742. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klara Cermakova (email available below). General contact details of provider: https://iises.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.