Nopporn Bua-In
The purpose of this research was to study the factors influencing the good corporate governance of the listed companies on the stock exchange of Thailand. This research was a mixed-methodology research with 500 respondents including directors, executives, and inspectors who were responsible for the good corporate governance of the listed companies on the stock exchange of Thailand. The second order confirmatory factors were analyzed through IBM SPSS AMOS. Four factors influencing the good corporate governance of the listed companies on the stock exchange of Thailand were found through the qualitative research with in-depth interview. The result of hypothesis test revealed that the four factors positively influenced the good corporate governance of the listed companies at statistical significance level of 0.001. The sustainable development influenced the good corporate governance of the listed companies most, the corporate social responsibility, risk management, and Internal control system, respectively. The results of second order confirmatory factor analysis found that it was in accordance with the empirical data. The Chi-square minimum probability (CMIN/P) was of 0.108, the Chi-square Minimum Discrepancy Per Degree Of freedom (CMIN/DF) was of 1.137, the Goodness of Fit Index (GFI) was of 0.964, and the Root Mean Square Error Of Approximation (RMSEA) was of 0.017.