Factors Affecting the Return of Equity of Securities Groups in the Stock Exchange of Thailand: A Case Study of Agro & Food Industry and Service

Abstract

This research objective is to study factors affecting the return of equity of securities groups in the Stock Exchange of Thailand with a case study Agro & Food Industry and Service. The sample of research is the information of financial statement of Portfolio on the stock exchange of Thailand with a case study Agro & Food Industry and Service. From the fiscal year ended on December 31, 2015 to the year 2017, there was a total period of 3 years of 144 companies excluding the company during the rehabilitation and under the bankruptcy and mutual funds. The data was analyzed by statistical software packages for Social Science Research. This compares to examine the relationship between the independent and dependent variables. The level of statistical significance defined α = 0.05 was used in hypothesis testing by analyzing the regression equation correlation analysis and multiple regression analysis.

The results showed that the net profit margin, the asset turnover, and the multiplication factor of the shareholders affected the returns of shareholders. It changed in the same direction. This means that, as this ratio rose, the return of equity of the agricultural and food industry and service sectors was equal to the return of equity attributable to the operating efficiency (PM), better asset utilization (AT) or financial structure (EM).