The Impact of Strategic Cost Management and Participation on Performance of Companies in Amata Nakorn Industrial Estate Chon Buri Province

Abstract

The objectives of this research were to (1) study the effects of strategic cost management that affected the financial and non-financial performance of companies in the Amata Nakorn Industrial Estate, Chonburi province, (2) study the effects of engagements that affected the operational performance of organizations in the Amata Nakorn Industrial Estate, Chonburi province, and (3) study the effects of non-financial performance that affected the financial performance. Using primary data collect data form questionnaires From a sample group of accounting executives of companies in Amata Nakorn Industrial Estate Chonburi Province, 335 people, analysis of data with descriptive statistics which includes the determination of frequency, percentage, mean, standard deviation, and the analysis of data with inferential statistics which includes a multiple regression analysis. The result of the study found that the cost driver analysis of the strategic cost management affected the non-financial and financial aspects of the performance. The engagement in operation and inclusive evaluation affected the non-financial performance, and the engagement in the operation, benefits, and inclusive evaluation affected the financial performance. The non-financial aspect, customer aspect, operational process of the organization, and the learning and development aspects of the operational performance affected the financial performance at the statistical significance of 0.05.