Research article

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THE SURVEY OF FACTORS AFFECTING KNOWLEDGE TRANSFER: FINANCIAL BUSINESS INDUSTRY AND ELECTRICAL AND ELECTRONICS INDUSTRY Sukrita Thangpetch Pages 1 - 23    Download PDF  Article preview Cite Abstract The objective of this research is to study the factors which are composed of good reputation, motivation, social interaction, management support, and learning orientation affecting knowledge transfer in financial business industry and electrical and electronics industry, also, to compare the difference of knowledge transfer and factors in two industries. The population of this research were 112 organizations in financial business industry and 65 organizations were received the questionnaire. The usable response rate was 58.0 percent. The other population of this research were 335 organizations in electrical and electronics industry and 94 organizations were received. The usable response rate was 28.2 percent. Data analysis includes T-test and Multiple regression, at the 0.05 level of statistical significance. The research findings indicates factors that positively affecting knowledge transfer in financial business industry are trust with the coefficients .350, and learning orientation with the coefficients .488. Good reputation, motivation, social interaction, and management support do not affect knowledge transfer in financial business. Besides, factors that positively affecting knowledge transfer in electrical and electronics industry are motivation with the coefficients .089, social interactions with the coefficients .056, management support with the coefficients .112, and learning orientation with the coefficients .101. Good reputation and trust do not affect knowledge transfer in electrical and electronics industry. The levels of knowledge transfer in financial business industry are different from electrical and electronics industry and the levels of factors including social interaction and trust in financial business industry are different from electrical and electronics industry.
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Factors Affecting a Person to be Perceived as a Leader in Computer-Mediated Communication Virtual Team Woraphot Chatwaraphithak Pages 24 - 54    Download PDF  Article preview Cite Abstract While considered the research about leadership in virtual team, little research has examined how leadership is perceived in Computer-Mediated Communication (CMC) team. The goal of this study was to find out factors affecting a person to be perceived as a leader using a content analysis derived from functional leadership model to distinguish type of task role. The results of the study have shown that CMC virtual team may identify more than one leader. When identifying emerging leader, team members perceived leaders by task-related behaviors while social behaviors were not significantly perceived. The factors affecting a person to be perceived as a leader in CMC Virtual Team were ?Idea Generation?, ?Creating Process?, and ?Dividing Labor?.
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The Relation between Accounting Conservatism and Bondholder-Shareholder Conflicts over Dividend Policy in the Emerging Markets: The Evidence of Thailand Praparat Tangpanyatorn and Pimpana Peetathawatchai Pages 55 - 77    Download PDF  Article preview Cite Abstract Testing the notion that accounting conservatism plays an important role in mitigating bondholder-shareholder conflicts over dividend policy, and in reducing firms? debt costs in an environment of emerging stock and bond markets in Thailand, this paper provide weak evidence that the accounting conservatism helps to mitigate bondholder-shareholder conflicts over dividend policy. Only the market-based measure of conservatism is significantly positively associated with one proxy of bondholder-shareholder conflicts (dividend-to-asset ratio). In contrast to Ahmed et al. (2002), we document that Thai firms using more conservative accounting do not have favorable debt ratings which proxies for firms? cost of debts. Inconsistent with findings in the developed market such as the U.S., our results suggest that accounting conservatism does not have an important role in efficient debt contracting in Thai emerging markets. One plausible explanation is that in emerging stock markets, listed firms might focus on increasing firm values through return-earnings relation rather than mitigation of bondholder-shareholder conflicts over dividend policy.
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Experiential Innovation Punthumadee Katawandee Pages 78 - 83    Download PDF  Article preview Cite Abstract A Frequent Flyer Program, introduced by American Airlines in 1981, has a humble beginning as a sales promotional program that rewarded travelers? loyalty. It has evolved to become a tool that enhances travelers? experience. Travelers can exchange mileages not only for a free ticket or a free room, but also for other benefits unrelated to traveling. Today, mileage is equated to ?a new currency? that has different exchange rates and returns dependent upon airlines. In order to compete in terms of ?liquidity?, each airline has come up with diverse choices to redeem and earn mileage. As customers can use miles for non-flying rewards, customers can also collect points without having to fly. Miles are earned on credit cards linked to the airlines? programs. The benefit gained by an airline is to sell miles to credit card companies. A Frequent Flyer program has created not only a valuable experience for customers but also a lucrative business for an airline.
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Deposit Insurance Design: Review of Theory and Evidence Anirut Pisedtasalasai Pages 84 - 109    Download PDF  Article preview Cite Abstract This article reveals various design features of deposit insurance schemes across countries and discusses how these design features can help to curb adverse effects on banking stability and development created by introducing deposit insurance schemes. Evidence suggests that the benefits of deposit insurance will be undermined if insurance schemes are not properly designed and accommodated by strong institutional environment, tough regulation and enforcement. For the new deposit insurance scheme in Thailand, under the Institue of Deposit Protection Act 2008 that is postponed to be enforced in August 2011, overall the scheme offers considerably higher coverage limits relative to high and upper-middle income countries. Moreover, the actual coverage amounts can be even much larger since this coverage limit will be applied on the basis of per institution per account. Therefore, in the long term it is crucial for policy makers and banking regulators to lower the coverage limit and alter the extent of coverage. Other recent design features such as risk premium and co-insurance systems are also needed to be considered since they seem to be an effective means for controlling adverse effects arising from the deposit insurance by limiting risk-taking behaviors of banks and increasing incentives for market to discipline banks. The immediate impact of the new deposit insurance scheme on the banking system in Thailand is likely to be minimal. However, in the long term, this deposit insurance scheme could potentially increase operating costs and lower competiveness for banks with high risk, relative to low-risk banks. Therefore, to maintain or increase the competitiveness, banks will be actively forced to improve their risk profile.
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Investigation of TFRSs : Issues financial statement preparers and users should be aware Parkpoom Vanittananon Pages 110 - 130    Download PDF  Article preview Cite Abstract The objective of this academic article is to indicate important issues regarding financial reporting standards of which financial statement preparers and users should be aware. The contents comprise interesting points of definitions, recognitions and derecognitions, measurements as well as presentations and disclosures in financial statements. The preparers and users would understand and apply such standards deeply, resulting in being able to implement their financial reporting processes properly for preparers. Also, the users would bring such knowledge into analyzing and enhancing their economic decision makings.