The Effects of Financial Statement Quality and Its Antecedents on the Perceived Organizational Performance of the Public Sector in Thailand
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Abstract
The objective of researcher article investigates the effects of the core competency, the professional competency, and the functional competency of the accountants in the public sector on the qualitative characteristics of financial statements, perceived organizational performance of public sector and the effects of the qualitative characteristics of financial statements on perceived organizational performance of public sector. The qualitative data were obtained from in-depth interviews with seven experts. The quantitative data were obtained by using a questionnaire with 441 personnel. Quantitative data were processed using a computer program and the Structural Equation Model (SEM).
Findings showed that core competency, professional competency, and functional competency positively affected the qualitative characteristics of financial statements. Professional competency, functional competency and the qualitative characteristics of financial statements positively affected perceived organizational performance. Core competency negatively affected perceived organizational performance. An important finding was that the data in qualitative financial statements must be from the core competency, the professional competency, and the functional competency of the accountants. The government must provide support for the development of the ethics, skills, and knowledge of the accountants in a continuous manner. This will foster reliability in efficiency and effectiveness in the operation of the public sector.
Article Details
Academic articles, research articles, and book reviews in the Ph.D. in Social Sciences Journal are author’s opinions, and not the publisher’s, and is not the responsibility of the Ph.D. in Social Sciences Journal Philosophy Association, Ramkhamhaeng University. (In the case that research is done on human, the researcher has to be trained in Ethics for Doing Research on Human Training and has to produce the evidence of the training).
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