ความสัมพันธ์ระหว่างรายการกำไรขาดทุนเบ็ดเสร็จอื่นกับคุณภาพกำไรของบริษัทจดทะเบียนกลุ่มอุตสาหกรรมอสังหาริมทรัพย์และก่อสร้างในตลาดหลักทรัพย์แห่งประเทศไทย

Abstract

The purpose of this study aims to examine the relationship between other comprehensive income and earning quality of listed companies in property and construction industry of the stock exchange by using accruals as the representative of earning quality which was based on Bradshaw et al. (1999). Earning quality analyzed by working capital accruals and net operation accruals. The samples of this study were 84 companies listed in property and construction industry group in the Stock Exchange of Thailand from 2015 to 2019. The secondary data were collected through each A company’s financial statement report on the database of the Stock Exchange of Thailand. Descriptive statistics were used to analyze the data collected and inference statistics including correlation analysis and panel data regression analysis at the statistical significance level of 0.05. The results showed that earning quality analyzed by working capital accruals and net operation accruals had a positive relation with cash flow hedges. The finding indicated that the company’s financial report, especially other comprehensive income, reflects the reliability and transparency of the company's financial reporting. It will be helpful for investors to use the financial report for their consideration in making investment decisions in securities.