ความสัมพันธ์ระหว่างลักษณะของประธานเจ้าหน้าที่บริหารและการกำกับดูแลกิจการกับผลการดำเนินงานของบริษัทในช่วงเวลาที่มีการเปลี่ยนแปลงประธานเจ้าหน้าที่บริหาร

Abstract

The objective of this independent study is to investigate Relationship Between Characteristics of Chief Executive Officer, Corporate Governance and Firm Performance During the Chief Executive Officer Turnover Period of Thai listed companies in the Stock Exchange of Thailand (SET). The data used in this study are from the financial statement and annual registration statement (Form 56-1) of Thai listed companies in the Stock Exchange of Thailand during 2003-2014 includes 108 companies 199 CEO Turnovers by uses Multiple Regression. The results showed that Chief Executive Officer Turnover had affects the firm performance. The characteristics of Chief Executive Officer variables were outsider CEO and tenure old CEO had a significant statistical correlation with firm performance. As for Corporate governance variables were proportion of executive director and board size had a significant statistical correlation with firm performance that measured by Tobin’s Q.