A STUDY OF THE INVARIANCE ANALYSIS OF SAVINGS COOPERATIVES IN CAUSAL MODEL OF FINANCIAL SUCCESS
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Abstract
The objective of this research was to examine the invariance of the causal relationship model among factors of accounting management, information system features, information system transparency, financial reports quality, and financial success of savings cooperatives as classified by cooperative size. A total of 220 samples were selected from chief accountants or equivalent positions of savings cooperatives in Thailand using the stratified random sampling method. Multi-group analysis was used to analyze the data. The results of this research showed that it had invariant either in its structure or its parameter in the model with different cooperative sizes. Thus, savings cooperatives in Thailand can use the result of this research as guidelines for utilization of accounting management, information system features, information system transparency, and financial reports quality in improving their financial success to the higher effectiveness level.
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