The growth potential affecting the profitability and stock return of set100 group registration in the stock exchange of thailand
Keywords:
Sale Growth Rate, Liquidity Ratios, Debt to Equity ratio, Profitability, Stock returnAbstract
The Objectives of this study are to study the factors affecting the profitability and stock return of 73 companies in set 100 group registration in the stock exchange of Thailand. Collecting data from SETSMART database during 2017-2019. Statistical data were analyzed using Multiple Regression Analysis at the statistical significant level of 0.05
The study found sale growth rate affecting in positive to return on owner's equity and capital gain. Meanwhile, sale growth rate affecting in negative to dividend yield and not affecting to net profit margin. Liquidity Ratios affecting in positive to dividend yield and not affecting to return on owner's equity net profit margin capital gain. Debt to equity ratio affecting in negative to net profit margin and not affecting to return on owner's equity capital gain and dividend yield at the statistical significant level of 0.05
References
Bank of Thailand. (2020). Monetary Policy Committee Meeting Result 3/2020. [Online].https://www.bot.or.th/Thai/PressandSpeeches/Press/2020/Pages/n2763.aspx. [3 march 2020]
Gill, A., Biger, N., & Tibrewala, R. (2010). “Determinants of dividend payout ratios: evidence from United States”. The Open Business Journal, 3(1). P. 08-14.
Inthapat, O. (2016). Factors that determine the dividend payment of companies listed on the Market for Alternative Investment (MAI). Independent study: Bangkok University.
Keeratiwanich, T. (2016). “What is "investment"? [Online]. :https://www.wealthythai.com/web/contents/WT190300123. [2 April 2020]
Kuboonya-arags, P. (2012). Asset management and profitability of Thai banks. Independent research. Master of Accounting, Thammasat University.
Narayam, S. (2018). The relationship between profitability and executive compensation of companies listed on the stock exchange of Thailand. Independent Study: Rajamangala University of Technology Thanyaburi.
Nuanthawin, S. (2020). The effect of financial ratio on dividend payment of the Thai listed companies. Independent Study: Rajamangala University of Technology Thanyaburi.
Nudphopsuk, P. (2019). Factors affecting profitability of companies listed on the Stock Exchange of Thailand real estate development. Independent study: Bangkok University.
Pestonji , C. and Donkwa, K. (2018). Profitability of the restaurant business and drink of companies listed on the Stock Exchange of Thailand. Journal of Accountancy and Management, 10(2): 42-55.
Phatthanapoomthai, P. (2020). Return on investment in SET100 shares with the shareholding structure of companies listed on the Stock Exchange of Thailand. Master of Thesis: Mahidol University.
Puwanich, P. (2018). “Factors affecting profitability of state-owned specialized financial institutions”. Academic Conference and National Academic Presentation UTCC Academic Day. Topic “Business, Trade and Service in Thailand 4.0 Era” on June 8, 2019 at the University of the Thai Chamber of Commerce. Bangkok: University of the Thai Chamber of Commerce.
Saengmanee,T.(2010). Investment knowledge. [Online]. :http://www2.fpo.go.th/SI/Source/Training/training3/training3_2/training3_2_1.htm [ 20 April 2020]
Sangkaew, J. (2001). investment. (4nded). Bangkok: Thammasat University.
Seenuan, T. (2015). Factor influencing on stock price and on dividend of the listed company in the set: a case study of agro &food industry. Independent study: Sripatum University.
Songcharoen, P. (2019). “The relationship between audit committee and firm performance of companies listed in the stock exchange of Thailand”. Journal of Suvarnabhumi Institute of Technology (Humanities and Social Sciences) Vol. 5 No. 1 (2019): January - June 2019.
Udomphon, P. (2017). Factors Influencing Dividend Payout Rates of Companies Listed in the Stock Exchange of Thailand. Independent study: Bangkok University.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2021 Journal of Research and Development Institute Rajabhat Maha Sarakham University
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Articles that are published are copyrighted by the authors of the articles