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Determinants of Thai legal professionalism: A structural equation model analysis

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Teeranantawanich C., Phimolsathien T.
Business and Economic Horizons
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2017
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vol. Volume 13
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issue Issue 5
630-651
EN
The purpose of the research was to examine what constitutes professionalism amongst Thai legal practitioners and consultants. By use of simple random-sampling, a sample of 332 legal professionals were surveyed by use of a 72-item, 7-level, Likert type agreement scale questionnaire on the study’s four constructs. A confirmatory factor analysis was run prior to the structural equation model, with analysis undertaken by use of LISREL 9.1. The results showed that ethics was viewed as the most important aspect by Thai legal professionals (x̄ = 5.71), which was only slightly ahead of the legal consultant’s experience (x̄ = 5.64). Opposite to this however, the legal consultants’ themselves felt that client satisfaction (x̄ = 4.95), and quick solutions (x̄ = 4.84), had minimal importance. Overall results also showed that the latent variable of communications skills (0.67) was most important, followed by competency (0.33), and knowledge management (0.17).
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Solving global problems: Waste to power while creating stakeholder shared value

100%
Chailertpong T., Phimolsathien T.
Business and Economic Horizons
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2018
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vol. Volume 14
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issue Issue 1
54-74
EN
In 2015, an estimated 1.2 billion people, or 16% of the global population, did not have access to electricity. At the same time, solid waste generation rates have risen fast, reaching 30 million tons in 1980, 200 million tons today, and projected to exceed over 11 million tons per day by 2100. The waste from cities alone is already enough to fill a line of trash trucks 5,000 kilometers long every day. Solutions therefore must be found, with Waste to Energy (WtE) conversion a strong contender, which presently represents a $29 billion industry globally. By use of cluster sampling, a sample of 361 individuals was surveyed by use of a 63-item, 7-level, Likert type agreement scale questionnaire on the study’s four constructs. A confirmatory factor analysis was run prior to the structural equation model, with analysis undertaken by use of LISREL 9.1. All causal factors in the model were shown to have a positive influence on the creation of shared value (CSV) of the waste management power plant and the local community, with 68% of the variance of the factor affecting CSV (R2). Ranked in importance, the three latent variables were government policy (GP), the waste management power plant (WMPP), and community participation (CP), with a total score of 0.83, 0.37 and 0.36, respectively.
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