.... Originality/value To the best of the author’s knowledge, this study is the first to directly examine the influence of board composition on aggressive WC policies in Thailand. Nongnit Chancharat can be contacted at: mnongn@kku.ac.th 02 10 2020 16 07 2021 09 12 2021 21 12 2021 12...

... in Thailand. Design/methodology/approach Logit model is employed to analyze the relationship between CEO turnover and firm performance. Findings The paper finds that both ownership and board structure have effects on the relationship between CEO turnover and firm performance...

... in other state‐owned enterprises. Originality/value This study demonstrated the multi‐attribute nature of the corporate governance model in state‐owned enterprises in developing countries such as Thailand. This research confirms the broad principles of corporate governance as well as providing...

... structures Corporate governance Thailand Corporate governance and conflict of interest between ownership and control has become a crucial topic of debate since the introduction of agency theory. Agency theory suggests that in modern corporations, the separation of ownership and management increases...