Good Corporate Governance and Accounting Performance Affecting the Profit Quality of Companies Listed on the Stock Exchange of Thailand during the COVID-19 Pandemic

ABSTRACT

-The objective of this research is to study the good corporate governance and accounting performance affecting profit quality of companies listed on the Stock Exchange of Thailand during the COVID-19 pandemic. The research methodology is multiple regression analysis used in the data analysis and the test of accounting performance used as an intermediate variable according to the concept of [16]. The sample group consists of companies listed on the Stock Exchange of Thailand from 2018-2021. The data used in the study was a total of 2,604 data. The research results revealed that from the mediator variables before COVID-19 (2018-2019) totalling 2 years, the good corporate governance scores have an influence on profit quality. The rate of return on equity is some intermediate variable. It shows that a good corporate governance score has an influence on accounting performance as measured by the return on equity ratio of the shareholders and profit quality. However, the results of the test on the intermediate variable after COVID-19 (2020-2021) did not meet the test criteria for good corporate governance influencing profit quality at the statistical significance level of 0.05. © 2023, World Scientific and Engineering Academy and Society. All rights reserved.