ความสัมพันธ์ระหว่างการเปิดเผยข้อมูลด้านสิ่งแวดล้อม สังคมและบรรษัทภิบาลกับคุณภาพกำไรของบริษัทจดทะเบียนในตลาดหลักทรัพย์ เอ็ม เอ ไอ

Abstract

The objectives of this study were to investigate the extent and level of environmental, social and governance (ESG) disclosure, and to test the relationship between ESG disclosure and earnings quality of listed companies from the market for alternative investment (mai). Using 120 firms, annual reports during 2016-2020 were used to collect the data. Descriptive analysis and multiple regression were used to analyze the data. As the results, there was a positive relationship between environmental and governance disclosure and earnings quality, while social disclosure has negative correlated with earnings quality. The findings this study demonstrate that stakeholder theory can void to explain the relationship between ESG disclosure and earnings quality. In addition, investors can benefit to use ESG disclosure for their decision making. Customers can choose to buy product from the listed companies that do not make environmental and/or social impacts.