Table 4

Factors hindering good governance practices in Thai CUCs

RegressorsModel 1Model 2
GM0.002 (0.021)0.005 (0.022)
GRL−0.021 (0.023)−0.013 (0.026)
GMR−0.110*** (0.025)−0.106*** (0.024)
GT−0.086** (0.038)−0.117** (0.040)
GP−0.049** (0.020)−0.046** (0.020)
GRA−0.049* (0.020)−0.073* (0.037)
GCE−0.021 (0.022)−0.034 (0.021)
Very Large 0.022 (0.016)
Large −0.006 (0.019)
Rural 0.022 (0.019)
Urban 0.013 (0.023)
Education 0.018 (0.018)
Length of Membership 0.012* (0.007)
Knowledge −0.309** (0.098)
Constant2.344*** (0.031)3.565*** (0.398)
F-Stat16.82***9.20***
R20.2060.245

Note(s): 1. *, **, *** indicate statistically significant levels at 0.1, 0.05 and 0.01, respectively

2. Numbers in parentheses are clustered standard errors

3. There is no multicollinearity problem amongst the regressors (the correlation matrix table and VIF results are available upon request)

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