Please use this identifier to cite or link to this item: https://hdl.handle.net/1959.11/19770
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dc.contributor.authorBuachoom, Wonlopen
dc.contributor.authorFarooque, Omaren
dc.contributor.authorHoang, Namen
dc.contributor.authorSun, Lanen
dc.date.accessioned2016-12-23T13:13:00Z-
dc.date.created2015en
dc.date.issued2016-
dc.identifier.urihttps://hdl.handle.net/1959.11/19770-
dc.description.abstractThis dissertation addresses the association between executive compensation, firm performance and corporate governance in Thai listed firms. It concentrates on the relationship between corporate governance and firm performance, as well as simultaneous relationship among executive compensation, firm performance and corporate governance. These relationships have been researched around the world and reported upon in the literature, but there is limited and inconclusive evidence for how these relationships operate in Thailand. This study uses Stock Exchange of Thailand (SET) data for corporate listed firms from 2000 to 2011 to investigate and clarify the nature of these relationships in Thailand. Advanced econometric method (System GMM) is used to analyse the data. The System GMM findings on the relationship between corporate governance and firm performance show expected significant effect of board of directors' characteristics (i.e. board size, independence, meeting and CEO duality) and board subcommittees' characteristics (i.e. audit committee meeting) on performance of Thai firms, consistent with the findings of prior studies. However, ownership structures appear to have no effect on firm performance except for managerial ownership on Tobin's Q. The System GMM results on the executive compensation, firm performance and corporate governance relationships reveal a simultaneous positive significant relationship between performance and compensation, and performance and corporate governance. However, simultaneous relationship is not found between corporate governance and compensation, which shows a uni-directional significant relationship running from corporate governance to compensation. These findings from Thailand do not show significant differences from that found in previous studies in developed economies. It also confirms recommendations made by the Stock Exchange of Thailand (SET) for encouraging good corporate governance practices in Thai listed firms.The findings of this study show that the relationships between executive compensation, firm performance and corporate governance in an emerging market - Thailand - have similarities with those of developed economies, even though there is dissimilarity in the executive compensation system.en
dc.languageenen
dc.titleExecutive Compensation, Firm Performance and Corporate Governance: Evidence from Thai Listed Companiesen
dc.typeThesis Doctoralen
dc.subject.keywordsFinanceen
dc.subject.keywordsFinancial Accountingen
local.contributor.firstnameWonlopen
local.contributor.firstnameOmaren
local.contributor.firstnameNamen
local.contributor.firstnameLanen
local.access.embargoedto2021-04-24en
local.subject.for2008150103 Financial Accountingen
local.subject.for2008150201 Financeen
local.subject.seo2008900101 Finance Servicesen
dcterms.RightsStatementCopyright 2015 - Wonlop Buachoomen
dc.date.conferred2016en
local.thesis.degreelevelDoctoralen
local.thesis.degreenameDoctor of Philosophyen
local.contributor.grantorUniversity of New Englanden
local.profile.schoolUNE Business Schoolen
local.profile.schoolUNE Business Schoolen
local.profile.schoolUNE Business Schoolen
local.profile.schoolUNE Business Schoolen
local.profile.emailwbuachoo@myune.edu.auen
local.profile.emailofarooqu@une.edu.auen
local.profile.emailnhoang3@une.edu.auen
local.profile.emaillansun@une.edu.auen
local.output.categoryT2en
local.access.restrictedtoAccess restricted until 2021-04-24en
local.record.placeauen
local.record.institutionUniversity of New Englanden
local.identifier.epublicationsrecordune_thesis-20150812-13436en
local.title.subtitleEvidence from Thai Listed Companiesen
local.access.fulltextNoen
local.contributor.lastnameBuachoomen
local.contributor.lastnameFarooqueen
local.contributor.lastnameHoangen
local.contributor.lastnameSunen
dc.identifier.staffune-id:wbuachooen
dc.identifier.staffune-id:ofarooquen
dc.identifier.staffune-id:nhoang3en
dc.identifier.staffune-id:lansunen
local.profile.orcid0000-0002-6346-1125en
local.profile.orcid0000-0003-2938-1209en
local.profile.roleauthoren
local.profile.rolesupervisoren
local.profile.rolesupervisoren
local.profile.rolesupervisoren
local.identifier.unepublicationidune:19960en
dc.identifier.academiclevelAcademicen
dc.identifier.academiclevelAcademicen
dc.identifier.academiclevelAcademicen
dc.identifier.academiclevelAcademicen
local.title.maintitleExecutive Compensation, Firm Performance and Corporate Governanceen
local.output.categorydescriptionT2 Thesis - Doctorate by Researchen
local.access.restrictuntil2021-04-24en
local.thesis.borndigitalyesen
local.search.authorBuachoom, Wonlopen
local.search.supervisorFarooque, Omaren
local.search.supervisorHoang, Namen
local.search.supervisorSun, Lanen
local.uneassociationYesen
local.year.conferred2016en
local.subject.for2020350103 Financial accountingen
local.subject.for2020350202 Financeen
local.subject.seo2020110201 Finance servicesen
Appears in Collections:Thesis Doctoral
UNE Business School
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