Guidelines for Financial Liquidity Management in Thailand Industrial Business Sector
Keywords:
Financial liquidity, Sustainable, Learning and development, Innovative, Structural Equation Modeling (SEM)Abstract
The research aims to establish model of financial liquidity management in Thailand industrial business sector. This research intends to investigate the financial liquidity management through both qualitative and quantitative methodology by interviewing 500 entrepreneurs and financial management function of industrial business. The data were analyzed by percentage, mean, standard deviation, Chi-square test (c2) and Structural Equation Modeling (SEM). The results revealed that the important factors influencing are 5 variables included Stability, Update & Upgrade, Process & Improve, Alliance & Intra-cooperation and Technology & Innovation can be implemented in financial liquidity management in Thailand industrial business sector. The results of the Structure Equation Model (SEM) Analysis showed that the evaluation criteria was in line with the empirical evidence with the chi square probability at 0.079, relative chi square of 1.143, goodness of fit index of 0.959, and Root Mean Square Error (RMSE) of 0.017.
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