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Board Capital, Organizational Capital and Organizational Performance of Agricultural and Non-Agricultural Co-operatives in Thailand |
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| รหัสดีโอไอ | |
| Creator | Siddik Laliwan |
| Title | Board Capital, Organizational Capital and Organizational Performance of Agricultural and Non-Agricultural Co-operatives in Thailand |
| Contributor | Wisanupong Potipiroon |
| Publisher | Assumption University |
| Publication Year | 2565 |
| Journal Title | ABAC Journal |
| Journal Vol. | 42 |
| Journal No. | 2 |
| Page no. | 195-218 |
| Keyword | Co-operatives, Board capital, Organizational capital, Organizational Performance, Resource Dependence Theory |
| URL Website | http://www.abacjournal.au.edu |
| Website title | ABAC JOURNAL |
| ISSN | 0858-0855 |
| Abstract | Co-operatives in Thailand have played an important role in promoting self-reliance and financial advantages for their members. However, these co-operatives have also encountered their own technical and financial performance issues. This study asks whether a co-operative’s board capital (i.e., human capital and social capital) can positively influence that co-operative’s organizational performance via the mediating role of organizational capital (i.e., structural capital and financial capital). Data were collected from 133 co-operatives in several regions in Thailand, with the population sample comprising 133 managers and 529 employees of Thai co-operative businesses. Structural equation modeling (SEM) analysis of aggregated employee data (n = 529 [board capital]) and organizational-level data (n = 133 [organizational capital and organizational performance]) provided full support for the proposed hypotheses (X2/df = 1.827, RMSEA = .079, CFI = 0.911, TLI = 0.901, SRMR = 0.053). In particular, the board capital of the co-operatives was found to positively influence organizational performance via the mediating role of organizational capital. Furthermore, the results showed that agricultural co-operatives were rated significantly lower in terms of their board capital and organizational performance in comparison to non-agricultural co-operatives. These findings highlight the importance of different types of capital and the discrepancies that exist between agricultural and non-agricultural co-operatives, which deserves further attention from researchers. |
