The Influence of Internal Audit Process and Risk Management on Performance of Listed Companies in the Stock Exchange of Thailand

Abstract

          This study is quantitative research, which the objective is to investigate the influences of internal auditing process and risk management, on efficiency of firm's performance of Thailand stock market's listed companies. Questionnaire as instrument to collect data through employing simple random sampling method with 218  managers who work in listed companies of Thailand stock market (response rate 84.82  percent). With regarding data analysis process using descriptive statistics approach such as frequency, percentage, mean and standard deviation and multiple regression method was employed to test research hypotheses. 

          The results indicate that, internal audit process and risk management had significant effect on the efficiency of firm's performance. In terms of internal auditing process, the respondents focused on operational process consists of planning controlling, monitoring,  and reporting firm's performance. For risk management approach, the respondent emphasized on firm's implementation, financial aspect, and following organizational regulation.