This study explains the concept of corporate governance and its effects on equity returns. It explains the differences between strong and weak corporate governance firms in term of risks and returns. From the theoretical point of view, the study incorporates the model of corporate governance and firms’ performances to explain the effects from different levels of corporate governance practice on the firms. From the empirical view point, it finds that the stronger corporate governance firms are exposed to lower magnitude and fewer types of systematic ...

The enhancement of healthcare programs to meet ultimate retirement needs is drawing increased attention in Thailand. In order to develop healthcare programs to meet retirees’ needs, the demand and supply of health services in Thailand should be explored. This study then analyzes the healthcare utilization and reports on the willingness to pay for voluntary health insurance after retirement. The demand for health services is defined as health services utilization, while the supply is defined as voluntary health insurance programs after retirement. ...

This research attempts to study comparatively the administrative development in Burma (Myanmar) by classifying into three periods since its independence in 1948. The major focus of this research is to study the impact on the characteristics of public administration such as maintenance of law and order, public service delivery, corruption, accountability, independence of civil service, and check and balance, by the forces of influencing factors and contextual factors. An open system approach is used to find out the constraints, limitations ...

Nowaday, organizations have to face a dynamic environment, where change seems the only constant. In order to meet this challenge, organizations are forced to enhance effectiveness in activities, be flexible in response to change, and fully use their intellectual capital. Organizations need to adopt modern management strategies to cope with global business challenge, build and sustain competitive advantage, adapt to environmental change continuously, and use core competences to add value in order to build high performance organizations (HPOs). To ...

Since ancient times, military operations have been closely related with the founding and governing of the nation. The missions of the Royal Thai Armed Forces are considered to be the major source of state power and political power, with the RTAF constituting the state’s most important institution for maintaining national sovereignty. The military has participated in a wide variety of activities to create stability and security within the nation, including attempts to change the use of the state’s power. On numerous occasions, the military has ...

Becoming a superior performance organization is an ultimate goal that most public and private organizations aspire to. This study of the characteristics of the managerial dimensions and achieving superior corporate performance of organizations listed on the Stock Exchange of Thailand is directed towards the major objectives as follows: 1) to explicitly understand and comprehend the reason why some organizations outperform other organizations? That is, superior performance organizations and superior performance organizations listed on the Stock ...

This research examines the budget approval by the parliament of Thailand in fiscal year 20032006 and 2009. The purpose of this dissertation is first, to study the details of the budget approval process by the parliament of Thailand; second, to study governance in budget approval; third, to investigate the factors influencing governance in budget approval; finally, to provide recommendations on the process of budget approval. In order to accomplish these purposes, the dissertation encompasses the following: a review of the concept of governance ...