Assemssment of Corporate Governance of Profitability and Firm value of The listed companies on the Stock Exchange of Thailand

Abstract

The purpose of this research are (1) to study the relationship between corporate governance assessment scores (CGR) and profitability using profitability ratios of the listed companies in the Stock Exchange of Thailand. (2) to compare the level of relationship between the scores. Corporate Governance Assessment (CGR) with profitability using profitability ratios and values of the listed companies in the Stock Exchange of Thailand. Quantitative research emphasizes descriptive research and uses inference analysis. The data was collected from SET-SMART database from a specific sample group, limited to companies with corporate governance assessment scores. In the excellent level, very good level, good level, with the results of consecutive evaluations from the year 2013 - 2017, the number of 140 companies and the level that is below the good level of 40 companies A total of 180 firms by studying five consecutive years during the period 2556 to 2560.

The results showed that the corporate governance rating There is a correlation between profitability and return on equity (ROE) in terms of ROE and ROA. The assessment of corporate governance has no relationship with The net profit margin (NP) and the share price to earnings ratio (PE).