Automated Author Profile

Worapot Piriyanuntachai

Current S-Index

0.3

Sum of Dataset Indices for all datasets

Average Dataset Index per Dataset

0.3

Average Dataset Index per dataset

Total Datasets

1

Total datasets for this author

Average FAIR Score

57.7%

Average FAIR Score per dataset

Total Citations

0

Total citations to the author's datasets

Total Mentions

0

Total mentions of the author's datasets

S-Index Interpretation

S-Index Over Time

Cumulative Citations Over Time

Cumulative Mentions Over Time

Datasets

Impact of institutional ownership on leverage: evidence from Thailand

This paper examines the impact of institutional ownership on leverage in the context of Thai listed firms. We find that institutional ownership is associated with less leverage. This indicate that institutions can substitute for debt in term of monitoring firms to alleviate agency problem. When we separate institutions into local and foreign, we find that foreign institutions are negatively relation with leverage. This study supports the global investors hypothesis. Since corporate governance of firms in Thailand is poor, foreign institutions, in this situation, have comparative advantage over local to substitute for leverage. Our result shed on light on the roles of monitoring firms of foreign institutional ownership.

Authors

  • Worapot Piriyanuntachai
0 Citations0 Mentions58% FAIR0.3 Dataset Index
10.14457/tu.the.2020.4862020