รหัสดีโอไอ 10.14457/TU.the.2018.400
Title The impact of enterprise risk management (ERM) adoption on firm performance of Thai listed companies in Stock Exchange of Thailand
Creator Kamolthip Sangchant
Contributor Teerachai Arunruangsirilert, Advisor
Publisher Thammasat University
Publication Year 2018
Keyword COSO ERM ,Enterprise risk management ,Ordinary least squares regression
Abstract Majority of researches in Western context support enterprise risk management (ERM) theory that ERM adoption helps increasing firm value while only some of them indicate the contradictory findings. This study aims to find out whether such ERM theory is hold in Thai context by exploring the influence of 2017 COSO ERM adoption on the financial performance of Thai publicly listed firms in SET100 from 2015 to 2017. Following the technique used in previous studies, ordinary least squares (OLS) regression is selected to test the expected relationship. However, this study finding is that ERM adoption decreases firm value instead of increasing it. The recommendations for future research are either to use a time series approach or to compare ERM adoption and value of firms including measures of institutional strength and other market factors in different markets.
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บรรณานุกรม

Kamolthip Sangchant และผู้แต่งคนอื่นๆ. (2018) The impact of enterprise risk management (ERM) adoption on firm performance of Thai listed companies in Stock Exchange of Thailand. Thammasat University:ม.ป.ท.
Kamolthip Sangchant และผู้แต่งคนอื่นๆ. 2018. The impact of enterprise risk management (ERM) adoption on firm performance of Thai listed companies in Stock Exchange of Thailand. ม.ป.ท.:Thammasat University;
Kamolthip Sangchant และผู้แต่งคนอื่นๆ. The impact of enterprise risk management (ERM) adoption on firm performance of Thai listed companies in Stock Exchange of Thailand. ม.ป.ท.:Thammasat University, 2018. Print.