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Publication
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| Title of Article |
The Impact of Board Structure on Thai listed Companies Survival. |
| Date of Acceptance |
18 September 2015 |
| Journal |
| Title of Journal |
Journal of applied economic sciences |
| Standard |
SCOPUS |
| Institute of Journal |
European Research Center of Managerial Studies in Business Administration |
| ISBN/ISSN |
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| Volume |
2015 |
| Issue |
10 |
| Month |
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| Year of Publication |
2016 |
| Page |
49-54 |
| Abstract |
Corporate Governance belief generally employs to recreate an essential role for the business bankrupt determination. The good concept of the corporate governance will have an effect on the value added of both businesses and shareholders. Our research aims to examine the relationship between the corporate governance regarded to the board structure and the bankruptcy of Thai listed companies based on the agency theory. In this paper, we estimate 272 companies consisting of 250 survivors and 22 non-survivors. Board structure mostly consists of the board size, the proportion of board independent and audit committee, dual leadership and ownership concentration including audit reputation, the number of audit committee and company age. We use survival analysis by Cox proportional hazards technique to find a predictable bankrupt pattern with our hypotheses. Our results indicate that board size, proportion of board independent, proportion of board committee, leadership structure, ownership shareholder and company age are statistically significant to decreasing hazard of IPOs survival. Otherwise, only ownership shareholder has an increasing risk effect of IPOs survival. |
| Keyword |
Corporate Governance, Survival Analysis, Board Structure |
| Author |
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| Reviewing Status |
มีผู้ประเมินอิสระ |
| Status |
ตีพิมพ์แล้ว |
| Level of Publication |
นานาชาติ |
| citation |
true |
| Part of thesis |
true |
| Attach file |
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| Citation |
6
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Journal Publication
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