Abstract:
The purposes of this study were to examine the factors influencing on firm value of listed companies on the Stock Exchange of Thailand in SET 100 evidence, and to compare industries that had an influence on firm value of listed companies on the Stock Exchange of Thailand.
The samples were 46 companies listed on SET 100 evidence. The data retrieved were from 2013 2017. The statistical techniques used were descriptive statistics, Pearson Correlation and multiple Regressions. Four independent variables included debt ratio (D/TA), the proportion of retained earnings per shareholders ratio (RE/TE), firm size, and return on assets (ROA). The dependent variable was firm value in term of Tobins Q. The control variable was gross domestic product (GDP growth rate).
The study result showed that the factor influencing on firm value at the statistical significance level of 0.01 was debt ratio, and at the statistical significance level of 0.05 was return on assets.