Factors Related to the Excellence of Savings Cooperative in Thailand

Main Article Content

Chutikan Massamur
Visanu Vongsinsirikul
Pat Pattanarangsun

Abstract

Cooperatives are important business unit for economic and social development especially in the developing countries context like Thailand. This research identifies factors related to the opportunity of excellence for savings cooperatives in Thailand. By collecting factors that are expected to affect the efficiency, effectiveness and success of the cooperative from literature review. Logistic regression model was used in this study. The results showed that cooperative’s size, cooperative member’s meeting attendance proportion, cooperative committee chairman’s leadership, cooperative manager’s education, cooperative manager’s experience and cooperative member’s training proportion are related to the excellence of savings cooperative were statistically significant. And debt-to-equity ratio, employee-to-equity ratio, and average income per household at cooperative location are likely to affect the opportunity to be excellent of the savings cooperative in Thailand

Article Details

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Research article

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