Inflf luence of Firms’ Characteristics on Firms’ Value Through Corporate Social Responsibility Report of the Listed Companies in the Stock Exchange of Thailand

  • ดารารัตน์ โพธิ์ประจักษ์ Faculty of Business Administration and Information Technology, Rajamangala University of Technology Suvarnabhumi
  • มนตรี ช่วยชู
  • ฐิตาภรณ์ สินจรูญศักดิ์
Keywords: Firms’ Characteristics, Corporate Social Responsibility, Firms’ Value

Abstract

The aim of this research is to investigate the influence of firms’ characteristics on
firms’ value through corporate social responsibility report. Populations are a number of 570
listed companies in the Stock Exchange of Thailand (SET) in 2014. This research utilized data
of 363 listed companies in SET by Stratified Random Sampling and analyzed data by using
structural equation model (SEM) and Multiple Indicators and Multiple Causes (MIMIC). The
results of research reveal the characteristics of firms do have an impact on firms’ value through
corporate social responsibility report at statistical significance of 0.05 and coefficient value of
0.20*. In sum, the test of hypothetical model is in harmony with empirical result at statistical
values as follows: χ2/2 = 1.02, CFI = 0.98, GFI = 0.96, AGFI = 0.91, RMSEA = 0.01 and
SRMR = 0.04

Author Biography

ดารารัตน์ โพธิ์ประจักษ์, Faculty of Business Administration and Information Technology, Rajamangala University of Technology Suvarnabhumi

Faculty of Business Administration and Information Technology,
Rajamangala University of Technology Suvarnabhumi

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Published
2019-06-27
How to Cite
โพธิ์ประจักษ์ด., ช่วยชูม., & สินจรูญศักดิ์ฐ. (2019). Inflf luence of Firms’ Characteristics on Firms’ Value Through Corporate Social Responsibility Report of the Listed Companies in the Stock Exchange of Thailand. Business Review Journal, 11(1), 85-98. Retrieved from https://www.tci-thaijo.org/index.php/bahcuojs/article/view/198260
Section
Research Articles

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