Authors : Thanapin Attarit, Kusuma Dampitakse and Panarat Panmanee
Abstract: This study examines how the characteristics of the board of directors can influence the performance of companies through the efficiency of intellectual capital. The study analyzes data gathered from 403 listed companies on the Stock Exchange of Thailand (SET) with the exception of those involved in the financial sector. Results indicated that the efficiency of intellectual capital has a significant effect upon company performance, audit committee meetings and the size of the board. With regard to the frequency of audit committee meetings it was found that a partial effect was exerted by the efficiency of intellectual capital upon firm performance. In contrast, the extent of board independence, audit committee meeting frequency, CEO duality and the percentage of the board composed of women did not appear to have any effect upon the performance of companies through the efficiency of intellectual capital.
Thanapin Attarit, Kusuma Dampitakse and Panarat Panmanee, 2017. An Analysis of Mediating Effect of Intellectual Capital Linking Board of Director and Firm Performance: Empirical Evidence from Thai Listed Companies. International Business Management, 11: 1871-1881.