Determinants of Short-Term Financing Among Islamic Savings Co-Operatives in Thailand

This research investigates the relationship between profitability, liquidity, and management preference and the use short-term modes of financing among Islamic savings co-operatives in Thailand. The results of this research will shed some light on whether profitability, liquidity and management p...

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Main Author: Noipom, Tawat
Format: Thesis
Language:English
English
Published: 2003
Subjects:
Online Access:http://psasir.upm.edu.my/id/eprint/8175/1/GSM%202003%205.pdf
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author Noipom, Tawat
author_facet Noipom, Tawat
author_sort Noipom, Tawat
collection UPM
description This research investigates the relationship between profitability, liquidity, and management preference and the use short-term modes of financing among Islamic savings co-operatives in Thailand. The results of this research will shed some light on whether profitability, liquidity and management preference are determinants of short-term financing in the co-operatives. Both descriptive statistics and regression analysis are used in this study. Descriptive analysis is used to explain the relationship between short-term financing and management preference. Regression analysis is applied to obtain the relation of short-term financing to profitability and liquidity. Data used in descriptive analysis is obtained via a questionnaire. Data on short-term financing, profitability, liquidity and other two contributing factors i.e. solvency and activity is obtained from secondary data mainly income statements, balance sheets and statements of cash flow. The raw data is transformed to financial ratios to represent profitability, liquidity, solvency and activity management. Short-term financing is calculated from the change of short-term financing over the period. The results of the regression analysis show that the profitability, liquidity, and activity management of the co-operatives are determinants of short-term financing in the co-operatives. The results confirm opinions being expressed by most executive board members and staff of the co-operatives who agreed, during the survey session, that profitability and liquidity are the two main concerns for the co-operatives to rely heavily on short-term modes of financing. The management of the co-operatives agree somewhat that they prefer short-term financing.
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spelling upm.eprints-81752023-12-18T02:11:47Z http://psasir.upm.edu.my/id/eprint/8175/ Determinants of Short-Term Financing Among Islamic Savings Co-Operatives in Thailand Noipom, Tawat This research investigates the relationship between profitability, liquidity, and management preference and the use short-term modes of financing among Islamic savings co-operatives in Thailand. The results of this research will shed some light on whether profitability, liquidity and management preference are determinants of short-term financing in the co-operatives. Both descriptive statistics and regression analysis are used in this study. Descriptive analysis is used to explain the relationship between short-term financing and management preference. Regression analysis is applied to obtain the relation of short-term financing to profitability and liquidity. Data used in descriptive analysis is obtained via a questionnaire. Data on short-term financing, profitability, liquidity and other two contributing factors i.e. solvency and activity is obtained from secondary data mainly income statements, balance sheets and statements of cash flow. The raw data is transformed to financial ratios to represent profitability, liquidity, solvency and activity management. Short-term financing is calculated from the change of short-term financing over the period. The results of the regression analysis show that the profitability, liquidity, and activity management of the co-operatives are determinants of short-term financing in the co-operatives. The results confirm opinions being expressed by most executive board members and staff of the co-operatives who agreed, during the survey session, that profitability and liquidity are the two main concerns for the co-operatives to rely heavily on short-term modes of financing. The management of the co-operatives agree somewhat that they prefer short-term financing. 2003-11 Thesis NonPeerReviewed text en http://psasir.upm.edu.my/id/eprint/8175/1/GSM%202003%205.pdf Noipom, Tawat (2003) Determinants of Short-Term Financing Among Islamic Savings Co-Operatives in Thailand. Masters thesis, Universiti Putra Malaysia. Corporations - Finance - Thailand Economics - Religious aspects - Islam English
spellingShingle Corporations - Finance - Thailand
Economics - Religious aspects - Islam
Noipom, Tawat
Determinants of Short-Term Financing Among Islamic Savings Co-Operatives in Thailand
title Determinants of Short-Term Financing Among Islamic Savings Co-Operatives in Thailand
title_full Determinants of Short-Term Financing Among Islamic Savings Co-Operatives in Thailand
title_fullStr Determinants of Short-Term Financing Among Islamic Savings Co-Operatives in Thailand
title_full_unstemmed Determinants of Short-Term Financing Among Islamic Savings Co-Operatives in Thailand
title_short Determinants of Short-Term Financing Among Islamic Savings Co-Operatives in Thailand
title_sort determinants of short term financing among islamic savings co operatives in thailand
topic Corporations - Finance - Thailand
Economics - Religious aspects - Islam
url http://psasir.upm.edu.my/id/eprint/8175/1/GSM%202003%205.pdf
work_keys_str_mv AT noipomtawat determinantsofshorttermfinancingamongislamicsavingscooperativesinthailand