Research Methodology
Population and study period: Companies
listed on the Stock Exchange of Thailand, a total of
534 firms, operating in the past year (2010–2012).
Duration of study taken is 3 years.
Sampling is the companies listed on the Stock
Exchange of Thailand, operating in the past year
(2010–2012).They must submit financial statement
to the Stock Exchange of Thailand the ones listed
there, Thailand, for the accounting period of 1
January – 31 December of yearly data collection
in SET Index, except companies with following
characteristics that will not be included in the
study; that is to say, such companies provide
financial services for finance and securities groups,
banking and insurance because these industrial
groups have distinctive asset and liability that
differ from other industries, revoked companies Sampling is the companies listed on the Stock
Exchange of Thailand, operating in the past year
(2010–2012).They must submit financial statement
to the Stock Exchange of Thailand the ones listed
there, Thailand, for the accounting period of 1
January – 31 December of yearly data collection
in SET Index, except companies with following
characteristics that will not be included in the
study; that is to say, such companies provide
financial services for finance and securities groups,
banking and insurance because these industrial
groups have distinctive asset and liability that
differ from other industries, revoked companies
or companies of similar status. And there are
also companies under constructing process and
companies with incomplete information in the
database (Anya Khachaturian, Sillapaporn Srijunpetch
and Duanpen Chansirisri (2009: page 498). In this
study, the researcher aims at corporate governance
mechanisms relating to organization governance as
follow.
1. Internal Governance Mechanisms that
includes
1.1 Board Structure
1.2 Executive Compensation
1.3 Ownership Structure
1.4 Transparency and Disclosure