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CMMU Faculty presented her research paper at the POMS Confernce, USA.

Written by Chatchai Chatpinyakoop on .


Assistant Professor Dr. Prattana Punnakitikashem, Healthcare and Wellness Management Program Chair, presented her research on “An Investigation of Factors Affecting Lean Implementation Success of Thai Logistics Companies” at the POMS (Production and Operations Management Society) 2013 - 24th Annual Conference, Denver, Colorado, U.S.A. on May3-6, 2013. The purpose of this paper is to investigate factors affecting the success of lean implementation in Thai logistics companies. The results highlight the importance of leadership and management, financial capabilities, and organization culture as the critical success factors of lean implementation. The results also provide practitioners with guidelines in implementing lean more efficiently and effectively for enhancing their capability and competitiveness towards globalized market. Click HERE to read the abstract of this paper.
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CMMU researchers present corporate sustainability indicators at Thailand Research Fund.

Written by Chalermsak Rattanapanang on .


CMMU researchers deliver a progress presentation on development of Sufficiency Economy corporate sustainability indicators and standard to the Thailand Research Fund. This project is funded by the Office of the Royal Development Projects Board with an aim to promote and disseminate sustainable business practices according to the Sufficiency Economy philosophy nationwide.


The project involves with identifying corporate sustainability indicators, develops a corporate sustainability standard and its appraisers, and with in-depth interviews of 20 sustainable enterprises of all sizes in Thailand. One of the final products will be a series of videos showing how successful businesses in Thailand manage their own marketing, finance, human resources, risks, operations and services, and innovation and technology according to the Sufficiency Economy philosophy.


With a peak body of cross-disciplinary researchers in this area, CMMU has pioneered the Sufficiency Economy business research in Thailand. The current project is a continuing research work, extending the collective body of knowledge CMMU embarked on building since 2004.
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New publication by CMMU faculty member in SJR Q1 journal

Written by Chatchai Chatpinyakoop on .


Research on predicting currency crises by Assoc. Prof. Dr. Roy Kouwenberg and Assoc. Prof. Dr. Phornchanok Cumperayot (Chulalongkorn University) has been accepted for publication in the Journal of International Money and Finance. Currency crises are often preceded by a wide range of economic problems, such as high debt, declining international reserves, or balance of payments problems. Applying multivariate extreme value theory, this research tests whether currency crises can be predicted using macro-economic and financial variables. The key findings are that nearly all fundamental variables have no relation with extreme exchange rate returns, except for the real interest rate. The findings may help explain why existing early warning systems for currency crises perform poorly out of sample.

This research was supported by an international research grant from the Global Association of Risk Professionals. The Journal of International Money and Finance is a high quality scholarly journal in the field of international finance, published by Elsevier. The journal is listed in the ISI-SSCI and Scopus databases; it is ranked in the 1st quartile (Q1) of the Scimago journal ranking, and had a SSCI impact factor of 1.02 in 2011. For more info about this journal, please visit http://www.journals.elsevier.com/journal-of-international-money-and-finance/
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CMMU faculty member to publish two articles

Written by Chatchai Chatpinyakoop on .

Asst. Prof. Dr. Winai Wongsurawat, CMMU faculty member will soon publish two new articles in the International Journal of Aviation Management and the Journal of Agribusiness in Developing and Emerging Economics. The articles are:
Sowawattanakul, P., Wongsurawat, W. (2013), Domestic airline networks and passenger demand in Thailand after deregulation. International Journal of Aviation Management 2(1/2) 35-53.
Wongsurawat, W., Weerathamrongsak, P. (2013), The rubber industry in Thailand: a review of past achievements and future prospects. Journal of Agribusiness in Developing and Emerging Economics. 3(1), forthcoming.

The first article, “Domestic airline networks and passenger demand in Thailand after deregulation”, studies how different types of airlines have reconfigured their networks after deregulation reforms. Results show that the dominant full-service carrier has moved toward a hub-and-spoke model, while smaller players have adopted additional point-to-point network features. The analysis also reveals that airports that start-up airlines choose to enter often enjoy significant surges in total passengers.

The second article, “The rubber industry in Thailand: a review of past achievements and future prospects.”, argues that the recent success of the Thai rubber industry stems from the competitiveness of local firms in the upstream industry and the leadership of foreign firms in the downstream sector. To further strengthen competitiveness, a more concerted effort to encourage innovation and technology absorption by local downstream firms is recommended.

The abstracts of both articles can be found on the CMMU research website.

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CMMU faculty double publications in SCOPUS indexed Journals

Written by Chatchai Chatpinyakoop on .

Assistant Professor Dr. Winai Wongsurawat, CMMU faculty, has recently published 2 new publications in January 2013. Both publications are in the journals that indexed in SCOPUS and ranked in SCImago Journal Ranking (SJR) The first publication entitled "Weathering the downturn: 11 lessons from Indian multinationals" published in Strategic Direction, Volume 29 Issue 2, 2013, pp.34 - 37. The authors are Murali Kailasam, Lalit M. Johri, Winai Wongsurawat and the 2nd publication is entitled: "Crisis management: Western Digital's 46-day recovery from the 2011 flood disaster in Thailand", Strategy & Leadership, Vol. 41 Iss: 1, pp.34 - 38 by Lau Chee Wai, Winai Wongsurawat. Congratulation to Dr. Wongsurawat for his success. (Abstracts of both publications can be seen in CMMU Research website.


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