Family Business Companies Listed on SET

Journal
University of the Thai Chamber of Commerce Journal
Publisher(s)
Chulalongkorn University Printing House
University of the Thai Chamber of Commerce
Date Issued
2008
Author(s)
Other Contributor(s)
University of the Thai Chamber of Commerce. Journal Editorial Office
Abstract
In Thailand, the definition of a family business is not clearly identified. Generally, a familycompany is a business run by family members, who are also on the board of directors withadministrative power to vote and control the company. This study sets 4 definitions of afamily business and classifies 449 firms listed on the Stock Exchange of Thailand (SET).According to these definitions, we find that 235 firms, or 52.34% of the overall firms listedon SET are family businesses, and the market capitalization of these firms is 1,079,193,424,991Baht, which is 23.08% of the whole market capitalization.
Subject(s)
ISSN
0125-2437
Access Rights
public
Rights
This work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner.
Rights Holder(s)
University of the Thai Chamber of Commerce
Bibliographic Citation
Phusit Wonglorsaichon, Wanrapee Banchuenvijit (2008) Family Business Companies Listed on SET. University of the Thai Chamber of Commerce Journal Vol.28 No.3.
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