| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5107300 | Research in International Business and Finance | 2017 | 21 Pages |
Abstract
We examine the relationship between corporate governance and firm performance for a panel sample of 493 firms of non-financial firms in Thailand during the period 2001-2014. We find that for the full sample, corporate governance is not associated with financial leverage and firm performance. Leverage has a positive effect on firm performance. When we split firms into small and large firm subsamples, we observe some influence of corporate governance. The negative effect of audit committee size on firm performance is evident for large firms while the effect of audit reputation on firm performance is evident for small firms only. Furthermore, financial leverage mediates the effect of audit committee size on firm performance for the large firms.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Umawadee Detthamrong, Nongnit Chancharat, Chaiporn Vithessonthi,