Factors Affecting Working Capital Management and Firm’s Performance of Small and Medium Enterprises, Food Industries in Thailand
Keywords:
Working Capital Management, Internal Control, Financial and Accounting Competence, Small and Medium Enterprises, Corporate Governance and Firm's PerformanceAbstract
The objectives of this research were to 1) factors affecting working capital management and firm’s performance, 2) study the influence of factors affecting working capital management and firm’s performance, 3) creating a model that affect working capital management and firm’s performance in small and medium enterprises food industry in Bangkok and vicinity by employ a mixed study method. The population was food industry, small and medium enterprises, a sample size of 500 was used by a multistage random sampling method by stratified sampling collected data questionnaire. The statistics used in the study consisted of frequency percentage, mean, standard deviation and Structural Correlation Analysis (SEM).
The results of the research showed that factors which have a positive influence on the management of working capital of small and medium enterprises in the food industry significantly at the 0.05 level are 1) Internal Control (ICO), Financial and Accounting Competencies (FAC). and Corporate Governance (CGO) influence of 0.36, 0.27 and 0.21 respectively. 2) Factors which have a positive direct effect on the firm’s performance of small and medium enterprises in the food industry significantly at the .05 level are Internal Control (ICO), Financial and Accounting Competencies (FAC), Corporate Governance (CGO), and Working Capital Management influence of 0.16, 0.22, 0.40 and 0.27 respectively. 3) The suitable model of factors affecting working capital management and business performance are presented
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บทความที่ได้รับการตีพิมพ์เป็นลิขสิทธิ์ของมหาวิทยาลัยราชภัฏสวนสุนันทา
ข้อความที่ปรากฏในบทความแต่ละเรื่องในวารสารวิชาการเล่มนี้เป็นความคิดเห็นส่วนตัวของผู้เขียนแต่ละท่านไม่เกี่ยวข้องกับมหาวิทยาลัยราชภัฏสวนสุนันทา และคณาจารย์ท่านอื่นๆ ในมหาวิทยาลัยฯ แต่อย่างใด ความรับผิดชอบองค์ประกอบทั้งหมดของบทความแต่ละเรื่องเป็นของผู้เขียนแต่ละท่าน หากมีความผิดพลาดใดๆ ผู้เขียนแต่ละท่านจะรับผิดชอบบทความของตนเองแต่ผู้เดียว
