Business Groups in Thailand


Book Description

The profiles of twenty of the largest Thai business groups and their characteristics.




Business Groups and the Thailand Economy


Book Description

Business Groups and the Thailand Economy examines the role of business groups, specifically state, local, and foreign capitals in the economic development of emerging economies and highlights why business groups are essential in helping a country break out of the middle-income trap. Wailerdsak reviews Thailand’s industrial and economic growth strategies through the local and international investors and explains why business groups are one of the key drivers of economic advancement and why they help to avoid the middle-income trap. The author also examines their business power expansion methods, including selection and specialization, political influence, mergers and acquisitions, outward FDI and business alliances. The book concludes with policy recommendations of how the government can engage business groups to accelerate high-tech industrialization and create jobs. The middle-income trap issue faced by Thailand would be of interest to many emerging economies, especially scholars and policymakers researching on Asian business and management, Asian economies, developmental economics, political economy, policy studies, corporate governance, entrepreneurship, and private company strategic management in emerging countries.




Business Groups and the Thailand Economy


Book Description

"'Business Groups and the Thailand Economy' examines the role of business groups, specifically state, local and foreign capitals in the economic development of emerging economies and highlights why business groups are essential in helping a country break out of the middle-income trap. Yabushita reviews Thailand's industrial and economic growth strategies through the local and international investors and explains why business groups are one of the key drivers of economic advancement and why they help to avoid the middle-income trap. The author also examines their business power expansion methods, including selection and concentration, political influence, mergers and acquisitions, outward FDI and business alliances. The book concludes with policy recommendations of how the government can engage business groups to accelerate high tech industrialization and create jobs. The middle-income trap issue faced by Thailand would be of interest to many emerging economies especially scholars and policy makers researching on Asian business and management, Asian economies, developmental economics, political economy, policy studies, corporate governance, entrepreneurship, and private company strategic management in emerging countries"--




Business Associations And The New Political Economy Of Thailand


Book Description

This book provides detailed empirical data regarding chambers of commerce, their peak organizations, and trade associations of Thailand that has moved away from a pure form of bureaucratic polity to liberal corporatism.




Thailand's Economic Recovery


Book Description

Thailand is a society in political, economic and social transition. Change is happening to varying degrees-at the national level and at the regional level where there are contrasting issues. Changes are positive, some are negative. This book looks at the various aspects of change as it impacts on business and the lives of the people.




The Oxford Handbook of Business Groups


Book Description

This handbook provides a comprehensive analysis of business groups around the world. It focuses on the adaptive and competitive capabilities of business groups and their evolutionary dynamics, as well as considering the historical and theoretical contexts of business groups.




Money and Power in Provincial Thailand


Book Description

During the 1990s, the Thai provinces saw the rise of a frequently violent competition for business and political leadership. This examination of economic change focuses on this middle ground between metropolis and countryside, an arena being transformed by capitalist development.




Thailand's Crisis


Book Description

Phongpaichit (economics, Chulalongkorn U., Bangkok) and Baker (a freelance writer) discuss how Thailand got through its recent economic crisis. Emphasis is placed on four main themes: the economic and social management of the crisis, economic changes brought about by the crisis, the political origins and impact of the crisis, and internal debates about the crisis and future social directions. Distributed in the US by U. of Washington Press. Annotation copyrighted by Book News, Inc., Portland, OR.




The Changing Face of Management in Thailand


Book Description

In the decade following the Asian financial crisis of 1997-1998, the management of organizations in Thailand has undergone significant change and development. The Changing Face of Management in Thailand examines in-depth the development of management during this pivotal period in the country’s recent history. The book draws together an impressive assortment of scholars, consultants and practitioners, whose experience and expertise significantly enhance our knowledge and understanding of this complex, multi-faceted Asian economy. The book is divided into 3 main sections: an examination of the political, economic, social and technological changes from 1997-2008 specialist chapters that contextualise these developments from the marketing, HR and finance perspectives concluding sections focusing on public sector organizations, women managers, corporate governance, e-communication and the ‘Thailand Brand’. With a wealth of vignettes, anecdotes and illustrative quotations bringing each chapter to life, this volume offers a refreshing, updated and in-depth analysis of this rich, diverse and fascinating nation.




Mixing Family with Business


Book Description

Families run a large fraction of business groups around the world. In this paper, we analyze how the structure of the families behind these business groups affects the groups' organization, governance and performance. To address this question, we constructed a unique data set of family trees and business groups for nearly 100 of the largest business families in Thailand. We find a strong positive association between family size and family involvement in the ownership and control of the family business. The sons of the founders play a central role in both ownership and board membership, especially when the founder of the group is gone. The availability of more sons is also associated with lower firm-level performance, especially when the founder is no longer present. We identify a possible governance channel for this performance effect. Excess control by sons, but not other family members, is associated with lower firm performance. In addition, excess control by sons increases with the number of sons and with the death of the founder. One hypothesis that emerges from our analysis is that part of the decay of family-run groups over time may be due to a dilution of ownership and control across a set of equally powerful descendants of the founder, which creates a race to the bottom in tunneling resources out of the group firms.