Coronavirus Disease 2019 (COVID-19) and Firm Performance of Thai listed Company

Main Article Content

Chollada Chalomklang
Pornchanok Chaleampong

Abstract

The objective of this research is to investigate the effects of the Coronavirus Disease 2019 (COVID-19) pandemic on firm performance of Thai listed companies. The samples were collected from Thai listed companies in the Stock Exchange of Thailand (SET). Data were gathered before the COVID-19 pandemic and during the COVID-19 pandemic from Q4 of 2018 to Q1 of 2021, a total of 4,819 samples were studied. To compute firm performance, this study used Return on Assets (ROA) and multiple regression analysis to prove the impact of the COVID-19 pandemic on firm performance. The results found that the COVID-19 pandemic decreased Return on Assets (ROA) which results in decreases on firm performance.

Article Details

How to Cite
Chalomklang, C. . ., & Chaleampong, P. . (2022). Coronavirus Disease 2019 (COVID-19) and Firm Performance of Thai listed Company. Journal of Humanities and Social Sciences Thonburi University, 16(2), 125–134. Retrieved from https://so03.tci-thaijo.org/index.php/trujournal/article/view/255327
Section
บทความวิจัย

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Translated Thai References

Tangsomoraphong, S. (2021). SET CEO SURVEY: CEO's View for COVID-19 Crisis. Retrieved from https://www.set.or.th/ dat/vdoArticle/attachFile/AttachFile_1625636948117.pdf (in Thai)