The Competencies of Small and Medium Enterprise Directors in Vientiane Capital, Lao People's Democratic Republic
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Abstract
In this dissertation, the researcher has three objectives as follows: to study (1) the competencies of the directors of small and medium enterprises (SMEs) in Vientiane Capital, Lao People’s Democratic Republic (Laos); to examine (2) factors affecting the competencies of these directors; and to propose (3) desirable competencies for directors in consonance with the context of the SMEs under study. The sample population consisted of 400 SME directors in Vientiane Capital, Laos. The research instrument was a questionnaire. The statistics used in collecting data was a questionnaire. The statistics used in data analysis were frequency, percentage, mean, and standard deviation. The hypothesis test was conducted using t test, F-test, and multiple regression analysis. Findings are as follows: (1) The competencies of the directors under study were found to be at a high level. (2) The factors affecting the competencies of the directors under investigation found that the factors of gender, age, experience, and training affected competencies at the statistically significant level of .05. (3) The study of the recommendations concerning the desirable competencies for directors in consonance with the context of SMEs found the desirable competencies for directors to be the following factors: personal capabilities; administration; and adjustment. It could be written in the following equation.
The desirable competencies for directors in consonance with the context of SMEs in Vientiane Capital, Laos = .920 + .078 (personal capabilities) + .046 (administration) + .147 (adjustment)
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