Good governance principles and implementation on operational efficiency of a village fund in rural communities of Thailand on post-COVID19 pandemic

Hathairat Khuanrudee; Malinee Srimaitree; Wiranya Sutthikun

doi:10.53730/ijhs.v6nS6.11983

Authors

Hathairat Khuanrudee Faculty of Business Administration and Management, Ubon Ratchathani Rajabhat University, Thailand
Malinee Srimaitree
Malinee.s@ubru.ac.th
Faculty of Business Administration and Management, Ubon Ratchathani Rajabhat University, Thailand
Wiranya Sutthikun Faculty of Business Administration and Management, Ubon Ratchathani Rajabhat University, Thailand

Keywords:

good governance, operation efficiency, village fund

Abstract

This research aimed to 1) study the operational efficiency of the village fund in Thailand on post-Covid19 pandemic 2) compare personal factors affecting operational efficiency of the village fund 3) study influence of good governance principles affecting the operational efficiency of the village fund . The sample group of this research was 187 villagers and committees of the village fund in northeastern region of Thailand. Research instrument was questionnaire, data analysis were descriptive statistics and inferential statistics (t-test), One-way Anova, and multiple regression. The research showed operation efficiency of village fund had high level considering on learning and development aspect, internal process aspect, financial aspect, and customer aspect with mean score at 3.94, 9.81, 36.1, and 3.49 respectively. The comparison between personal factors, different occupations and monthly incomes had influenced on operational efficiency at statistically significant 0.05. In good governance principles, transparency aspect (β = 0.324, t = 5.439, Sig. = 0.000) and responsibility aspect (β = 0.361, t = 6.984, Sig. = 0.000) had influenced on operational efficiency of the village fund at statistically significant 0.05. The overall operational efficiency of village fund had variability explained at 32.7 percent (Adjusted R2 = 0.327).

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