Factors Affecting the Profitability of Securities Company Listed on the Securities Exchange of Thailand

Abstract

This research aims to study factors affecting profitability of securities companies listed on the Stock Exchange of Thailand. The study uses the secondary data for the past 10 years, which the company that has historical data according to the research criteria has 8 companies AEC Securities Public Company Limited, Asia Plus Group Holdings Public Company Limited, Capital Nomura Securities Public Company, Finansia Syrus Securities Public Company Limited, KGI Securities (Thailand) Public Company Limited, Maybank Kim Eng Securities (Thailand) Public Company Limited, UOB Kay Hian Public Company Limited and KT ZMICO Securities Company Limited created by multiple regression Analyze with Random Effect.
AEC Securities Public Company Limited, Asia Plus Group Holdings Public Company Limited, Capital Nomura Securities Public Company, Finansia Syrus Securities Public Company Limited, KGI Securities (Thailand) Public Company Limited, Maybank Kim Eng Securities (Thailand) Public Company Limited, UOB Kay Hian Public Company Limited and KT ZMICO Securities Company Limited.
The study found that factors affecting the profitability of securities companies registered in The Stock Exchange of Thailand, all 8 companies with the same direction of interest income ratio Loans for securities purchases per total income At the 95% confidence level and the ratio of operating expenses to total revenue, bad debt and doubtful accounts to total revenue There is a relationship in the opposite direction at the confidence level of 99 percent.