The Corporate Governance and Earnings Quality of the Companies Listed on the Stock Exchange of Thailand
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Abstract
This study examines the relationships between corporate governance elements and earning quality of companies listed on the Stock Exchange of Thailand in 2015-2019. The samples included 519 companies 2,595 data. Descriptive analysis, correlation analysis and multiple regressions analysis were used to analyze. The results of the Modified Jones model (1995) revealed that the firm size was negative relationship elements associated with earning quality, and the Yoon et al. model (2006) found that having one holds both positions of CEO and chairman and the financial risk was negative relationship elements associated with earning quality and return on asset was positively related to earning quality. The results implied that Yoon et al. (2006) have a number of elements with discretionary accruals than the Modified Jones model (1995). The findings of the research benefit the person who is in charge of the governance corporation and be the reliance on earning quality of companies along with those who seek further information, investors, or stakeholders for companies. The studies can be used as alarm messages or increase earning quality and knowledge to lead the tools corporate effectively to run their work with more earning quality in future work.
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