วิธีการจัดการให้สินเชื่อขององค์การธุรกิจในประเทศไทย / สุพัตรา ธันวานนท์ = Credit management in business organization in Thailand / Suphatra Dhanvanonta
The rapid growth and expansion of different business enterprises in Thailand indicate that the modern concept of financial management has changed considerably. There is tremendous demand being made on credit management for more detail and more accurate information, not only by business and industry itself but by government and some other institutions such as stock market. This demand in financial management has brought a rapid increase in number of persons employed as a professional executives in finance. The purpose of this research study planned to investigate credit management practices in Thailand on the basis of selected credit activities by comparing the credit practices to selected credit principles in order to recommend appropriate improvement based upon definite priorities of need. The research methodology of this survey was performed by the comparison of the selected credit principles in text books with the collected data which was obtained by mailing questionnaires to all sizes and types of business firms and interviewed concerned executives in different firms as well. The total responses to this mail questionnaires was 62 percent, which meant 37 returns out of 60 questionnaires mailed. The major research finding in this research study revealed that there were no standard credit practices of business firms in Thailand. The evaluation and rating of financial status of business and industry firms were based upon the reputation of the business, character of the owners and other non-financial factors rather than the financial factors analysis, because in Thailand all of managerial financial data are treated as “Top Secret” by most of business enterprises. The reasons why different businesses have failed or succeeded were usually not made available except when occasionally such information could be secured from outsiders and competitors. Therefore, the revelation of the details of financial information by business firms which can be used for financial evaluation, rating, and credit decision seem to be weak and unreliable as well. However, the rapid growth and development of business and industry indicate that the credit practicing in different business firms will improve considerably.