The Effects of Revenue and Investment That Affects on the Stock Value of Financial Companies Listed on the Stock Exchange of Thailand

Abstract

The objective of this research is to study the effect of income and investment that affect the value of stock in the market capitalization of a listed financial business in The Stock Exchange of Thailand. This report is a quantitative Research, the independent variable are interest income, fee income, dividend income, service, operating income, investments in debt securities measured at net cost, investments in debt securities measured at net fair value, and investments in equity securities that are determined to be measured at fair value. Collect secondary data from the annual registration statement (form 56-1) and the annual report from the sample group from the financial business group in The Stock Exchange of Thailand from 49 companies during 2016-2020, a total of 245 data were used by descriptive statistical analysis including the maximum value, minimum value, standard deviation, and multiple linear regression. The result showed that the effect of income and investment that affect the value of stock in the market capitalization of a listed financial business in The Stock Exchange of Thailand found that the interest income, fee income, dividend income, service, and operating income have a positive impact on the price per share, the market value per book value and the market capitalization was statistically significant at the 0.05 level. Investments in debt securities are measured at net cost, investments in debt securities are measured at net fair value, and investments in equity securities are determined to be measured at fair value have a positive effect in the market capitalization per share and market capitalization at statistically significant at the 0.05 level. Investments in debt securities were measured at net fair value and investments in equity securities were determined to be measured at fair value that did not have a positive effect on the market value of the book value at the 0.05 level of statistical significance of financial businesses listed on the Stock Exchange of Thailand.