Do Board Multiple Directorships and ESG Score Drive Firm Value? Study of Non-Financial Companies in Thailand
Sany Sany,
Caroline Novica,
Cynthia Valentina
Abstract:This study intends to demonstrate the impact of board busyness through board multiple directorships and ESG scores towards firm value in Thailand within the period of 2018-2022. Theoretical frameworks such as the resource dependence theory and stakeholder theory explicate the two hypotheses developed for busy directors and ESG score. A director has multiple directorships when he/she has more than three board roles in other publicly listed firms, excluding private organizations and foundations. This research’s … Show more
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