GUIDELINES FOR IMPLEMENTING GOOD GOVERNANCE PRINCIPLES IN PROCUREMENT MANAGEMENT DOUBLE A (1991) PUBLIC COMPANY LIMITED

Abstract

The objectives of this research were 1) to studied the application of good governance principles in the procurement management of Double A (1991) Public Company Limited and 2) to evaluated the implementation of these principles in procurement management at Double A (1991) Public Company Limited. Data were collected from a sample group of 10 employees in the procurement department using purposive sampling. A questionnaire was employed in this research, and data were analyzed using percentages, mean, and standard deviation. The research findings indicate that 1. the majority of respondents were male, aged between 31–40 years, single, holding a bachelor's degree, and earning an average monthly income of 15,000–25,000 THB. In applying good governance principles to procurement management, cost- effectiveness was the most emphasized principle, followed by participation, legality, ethics, responsibility, and transparency. Effective and efficient internal control systems were in place, with qualified personnel using resources economically and efficiently to maximize organizational benefits. 2. In evaluating the application of good governance principles in procurement management at Double A (1991) Public Company Limited, the overall level was very high (x ̅ = 4.78, S.D = 0.42). The findings in each aspect were as follows: 2.1 Cost-effectiveness: Procurement staff effectively managed budgets for purchases, acquiring goods at reasonable prices for the quality received. 2.2 Participation: Procurement staff verified product details with users before purchasing and consistently updated users on the procurement status. 2.3 Legality: Procurement staff strictly adhered to rules and regulations and exercised authority appropriately. 2.4 Ethics: Procurement staff demonstrated responsibility and integrity, conducting purchases honestly and without accepting bribes from partners. 2.5 Responsibility: Procurement staff fulfilled user demands promptly and efficiently supported urgent purchases. 2.6 Transparency: Procurement staff followed correct procurement procedures thoroughly and retained all order documentation to allow for audit by relevant parties.