THE INFLUENCE OF ENVIRONMENTAL SOCIAL AND CORPORATE GOVERNANCE RESPONSIBILITIES ON THE PERFORMANCE OF COMPANIES LISTED IN THE STOCK EXCHANGE OF THAILAND

Abstract

The purpose of this research is to study the relationship between environmental, social responsibility and corporate governance on the performance of the organization companies listed on the Stock Exchange of Thailand. A sample of 472 companies. Secondary data methodology was used to collect data from publicly available reports and websites during the year 2019-2021. These mechanisms are 1) Corporate Governance Rating 2) ESG Rating 3) ​Annual General Shareholders’ Meeting Assessment Project​  4) Thailand Sustainability Investment List and 5) Dow Jones Sustainability Index List.  Firm performance, which uses the mean of Return on Assets (ROA), Return on Equity (ROE), and Tobin's Q were measured. Empirical results Organizations selected to be listed in Thailand Sustainability Investment have results of corporate governance assessment and was selected to be listed in the Dow Jones Sustainability Index will be ranked in the ESG 100 Multiple Regression analysis. The corporate governance assessment results of listed companies presented in the Corporate Governance Report of Thai Listed Companies have an inverse influence on the overall performance of companies listed on the Stock Exchange of Thailand.