Chidchaya Chantapet, Dararat Phoprachak, Kittisak Jermsittiparsert
The objective of this study is to investigate the influence of board structure on corporate governance, profitability and capital structure of 254 listed companies in the stock exchange of Thailand. By analyzing data based on Multiple Indicators and Multiple Causes (MIMIC) Model. The findings reveal a harmony between hypothetical assumption and empirical analysis with the results of statistical tests as follows: χ 2=7.52, df=8, χ2 /2=0.94, CFI=1.00, GFI=0.99, AGFI=0.99, RMSEA=0.000 and SRMR=0.025. In sum, board structure of independent director (IDTR) and director's relative (DTRR) has a positive influence on corporate governance disclosure (CGRD) at coefficient value of 0.26* and 0.27*. Also, corporate governance disclosure (CGRD) positively effect on profitability (PFBR) and capital structure (CPTS) at coefficient values of 0.33* and 0.20* respectively.