logo
Key characteristics for sustainable sugarcane: A community enterprise in Khon Kaen Province, Thailand
Kasetsart Journal of Social Sciences -- formerly Kasetsart Journal (Social Sciences), Volume 042, Issue 3, July 2021- September 2021, Pages 495-500
ISSN: 2452-3151(0125-8370)
DOI: doi.org/10.34044/j.kjss.2021.42.3.07
Panatda Utaranakorna,*, Teera Kiatmanaroacha
Download
33 Downloads, Cited by N/A
aDepartment of Agricultural Economics, Faculty of Agriculture, Khon Kaen University, Muang, Khon Kaen 40002, Thailand
*Corresponding author, e-mail: panaut@kku.ac.th
Abstract
This research aimed to identify the key characteristics that facilitate effective management performance; and to analyze the internal and external environmental factors of a sugarcane community enterprise in Khon Kaen Province, in Northeastern Thailand. The results indicated that the key characteristics were instrumental in the capacity of collecting and supplying sugarcane to reach the enterprise’s yearly quota. The community enterprise also defines how profits and benefits are divided among members. The active internal relationships within the group, called ‘kinship relation’, create a high level of trust, reliability, and honesty; and promote collective responsibility among members. Lastly, annual support from financial institution, namely, credit with low-interest rates, plays an important role in the enterprise’s sustainable performance. To further develop the sugarcane community enterprise and to achieve sustainable performance, we recommend that the committee and members share responsibility with honesty and harmony, plan production to meet annual quotas, divide income and benefits equally, and properly manage the loans and equity provided by financial institutions.
Keywords
community enterprise, key characteristic, kinship relation, sugarcane, sustainable performance
Downloads
Copyright 2020 Kasetsart University Research and Development Institute
KASETSART JOURNAL