THE RELATIONSHIP BETWEEN CORPORATE GOVERNANCE AND FIRM PERFORMANCE IN SERVICE INDUSTRIES
The study of the relationship between corporate governance and the performance of the company in service industry Intended to 1. Find the relationship between the CG score and the operating results of the company, measured by ROA, ROE and Net Profit. 2. Compare the relationship between business categories in service industry
The results showed that there was a relation between the CG Score and ROE. But there was no relation between CG Score and ROA, CG score and Net Profit. A relationship value of 0.0642, 0.2522 and 0.1036 respectively. And when comparing between business categories, In the Transport group found that CG Score had a relationship with Net Profit at a significant level of 0.05. In the Media group found that CG Score had a relationship with ROA at a significant level of 0.05 and ROE at a significant level of 0.01. On the other hand in Tourism, Prof, Health, and Comm group has no relationship between CG and Firm performance.