The Influence of Board and Executive Attributes on Firm Performance: Insights from the Thai Service Sector
Abstract
This study empirically investigates the influence of board and executive characteristics-specifically size, gender diversity, and role duality-on the financial performance (Return on Assets, ROA) of service companies listed on the Stock Exchange of Thailand (SET).A core objective was to assess whether these relationships differ significantly based on a firm's Environmental, Social, and Governance (ESG) rating status, a factor whose moderating role is theoretically developed herein.The analysis utilized multiple linear regression on a pooled dataset of 234 firm-year observations from 2021-2023.Key findings include a statistically significant negative relationship (p
Fields of Study & Subjects
Gender Diversity and Inequality
Corporate Finance and Governance
Corporate Governance and Financial Management
Publication details
- Journal / source
- Creative Business and Sustainability Journal
- Volume
- 48
- Issue
- 1
- Pages
- 20–37
- Publication date
- 1 January 2026
- Language
- EN