Thammasat Review <p>The&nbsp;<em>Thammasat Review, </em>first published in 1996 and started online publicaton in 2014, is a peered-reviewed journal devoted to social sciences and humanities. The purpose of this journal is to provide a forum for academics to present their viewpoints and findings of their research in those fields including politics, economics, law, sociology, anthropology, mass communication, fine and applied arts, etc. The journal is published two volumes per annum (June and December) with support from Thammasat University, however the opinions expressed are those of the authors.</p> <p>Print ISSN: 0859-5747</p> <p>Online ISSN: 2630-0303</p> <p>Language: English</p> <p>Publication Fee: Free</p> Research Administration Division, Thammasat University en-US Thammasat Review 0859-5747 <p>เนื้อหาและข้อมูลในบทความที่ลงตีพิมพ์ในวารสาร Thammasat Review ถือเป็นข้อคิดเห็นและความรับผิดชอบของผู้เขียนบทความโดยตรง ซึ่งกองบรรณาธิการวารสารไม่จำเป็นต้องเห็นด้วย หรือร่วมรับผิดชอบใดๆ</p> <p>บทความ ข้อมูล เนื้อหา รูปภาพ ฯลฯ ที่ได้รับการตีพิมพ์ในวารสาร Thammasat Review ถือเป็นลิขสิทธิ์ของวารสาร Thammasat Review หากบุคคลหรือหน่วยงานใดต้องการนำทั้งหมดหรือส่วนหนึ่งส่วนใดไปเผยแพร่ต่อเพื่อกระทำการใดๆ จะต้องได้รับอนุญาตเป็นลายลักษณ์อักษรจากวารสาร Thammasat Review ก่อนเท่านั้น</p> The Determinant of Enterprise Risk Management Implementation: Evidence in Thailand and Malaysia <p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; The implementation of Enterprise Risk Management (ERM) has been seen as a plausible solution to difficulties that arose during the recent global financial crisis. In an increasingly volatile global financial environment, ERM is considered to have a clear advantage over Traditional Risk Management (TRM). While many companies have setup ERM initiatives; they lack a clear understanding on the factors that will lead to successful ERM implementation. There are relatively few studies conducted in this area and especially in developing countries like Thailand and Malaysia. This paper therefore aims to gain insight into the influential factors of ERM implementation in both Thai and Malaysian listed companies. This study is based on surveys of managing directors from public listed firms in the Stock Exchange of Thailand and Malaysia. Based on the data obtained, regression models will be employed to determine the relationship between derived scores and the attributes of the organizations. The empirical results show that different countries have different determinants of ERM. Firm size has a statistically positive relationship with a high level of ERM implementation in both countries. In Thai listed companies, economic factors have a statistically positive relationship with the high level of ERM implementation and lower ERM scores have more revenue volatility than those with well-implement ERM. While, big 4 audit firms associated with the degree of ERM implementation in Malaysian listed companies.</p> Juthamon Sithipolvanichgul ##submission.copyrightStatement## 2018-06-25 2018-06-25 21 1 1 25 The Impact of Health Insurance Coverage on Cancer Screening among Women in Thailand <p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Using data from the 2007 Thai Health and Welfare Survey, this paper analyzes the impact of health insurance coverage and other socioeconomic factors on the likelihood of receiving clinical breast examinations, mammograms, and cervical screening tests among adult women. The paper focuses on breast and cervical screening because breast and cervical cancer are the leading cancer among women in Thailand and early detection increases the likelihood of survival. The author uses logistic regression to produce a cross-sectional estimate of the impact of income and insurance coverage on utilization among Thai women within the past 5 years. The results indicate among low income women the access afforded by the Universal Coverage plan, significantly increases the probability of utilizing cervical screening tests. While among women in the high monthly household income group having the Civil Servant Medical Benefit Scheme and private health insurance increases the propensity to have clinical breast examinations and cervical screening tests. Private health insurance is the only health insurance that has significant and positive probability of having mammograms among women from a high monthly household income group. These results imply that the Universal Coverage plan implemented in 2001 for people without health insurance can assist women in the low monthly household income group to get cervical screening tests with small co-payments.</p> Kaewkwan Tangtipongkul ##submission.copyrightStatement## 2018-06-25 2018-06-25 21 1 26 53 Urban Archaeology in Bangkok <p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;This research aims to review the production of Thai Urban Archaeology in Bangkok. It demonstrates the current situation and background of archaeological studies in the metropolis through the concept of urban archaeology. The findings can be summarised as follows:<br>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; First, archaeological studies in Bangkok have started systematically in the past 20 years; being urban archaeology and urban conservation. Archaeological projects serve the purposes of development of privately-funded building constructions and civil or government-funded constructions of infrastructural structures in the Rattanakosin area.<br>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Second, all of the archaeological excavations were considered as rescue/salvage archaeology or salvage of archaeological evidence before the archaeological sites were destroyed in order to develop, conserve, or improve knowledge regarding historic activities at these sites<br>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Third, the assemblage of the ruins and artefacts discovered from the archaeological sites were mainly analysed for the physical structures and dating. An in-depth study and research of the archaeology has not yet been conducted.The aforementioned study of Bangkok was carried out to gather evidence before any construction work took place to develop or improve the area. Very little is known about the archaeology of Bangkok on the local and regional contexts.<br>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Finally, the future direction of archaeological work in Bangkok will support conservation and development projects and work more closely with infrastructure development projects such as the mass rapid transit projects. The archaeology in Bangkok should involve people in the urban societies.</p> Kannika Suteerattanapirom ##submission.copyrightStatement## 2018-06-25 2018-06-25 21 1 54 70 Simulacra, Simulation, and the Internationalization of Higher Education in Thailand <p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; This paper offers a discourse analysis and critique of the processes of internationalizing education in the case of a university international college. The critique is rooted in Jean Baudrillard’s work of simulation and simulacra. This paper offers a seminal audit of how simulation and simulacra has informed organizational theory literature, and how it may be applied for understanding the symbolic value of international colleges in Thailand, but more specifically in Bangkok. Through this review, the author works to make the claim that the case international college has become a symbol of elitism in its context, and it has ceased any connection to the humanistic and cosmopolitan values that an international education espouses in education literature. It is argued that the case international education has achieved full simulacra. This critique leads to a conceptual framework that may be put to use to inspire critical research about the symbolic value of international education in Thailand.</p> Matthew R. Ferguson ##submission.copyrightStatement## 2018-06-25 2018-06-25 21 1 71 92 Social Protection for Those Who Are Left Behind as a Result of Migration: Myanmar Case Study and Proposed Recommendations for Consideration <p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; With awareness of important roles of migration and its impacts, the objective of this article is to propose recommendations and considerations on social protection for migrants’ families left behind taking Myanmar as a case study. Social protection plays critical roles in sustaining the living standards of families in the sending community while migration also brings economic and social risks to them. The article presents the migration situation, risks to families left behind, and social protection system which would be designed to reduce risks associated with migration to ensure quality migration which is beneficial to families left behind, and importantly in line with ASEAN Socio-Cultural Community Vision 2025 in which the development and support of the social protection system in respond to vulnerability of economic and population at risk are focused. The ultimate goal is that migration or labour mobility in the ASEAN community would yield positive socioeconomic effects to the ASEAN community at all levels.</p> Narumol Nirathron Kritsada Theerakosonphong ##submission.copyrightStatement## 2018-06-25 2018-06-25 21 1 93 110 The Role of Mindfulness Meditation on Stock Trading Performance <p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Despite more interest in mindfulness meditation practice among stock investors, to date there is no empirical evidence to support the benefits of this meditation practice. This research aims to provide groundbreaking evidence. Data were collected from 145 individual stock traders and 81 professional stock traders in Thailand (total N=226). Results from partial least squares structural equation modeling indicates that respondents who practiced mindfulness meditation more intensively reported better trading performance than individuals who did not and those who meditated less intensively. In particular, meditation practice is found to be associated with higher trading discipline, which in turn, associated negatively with the frequency of panic selling and overreaction to news; together, these factors strongly relate to trading performance.</p> Peerayuth Charoensukmongkol Vesarach Aumeboonsuke ##submission.copyrightStatement## 2018-06-25 2018-06-25 21 1 111 130 Knobbed Ware from Archaeological Sites in Thailand: An evidence of Early Exchange between South Asia and Southeast Asia <p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Knobbed ware are a type of vessel with a raised-knob at the base which were found among the artefacts in several archaeological sites in the Indian subcontinent and Southeast Asia. It is perceived that they are evidence of interactions between the two regions during the mid first millennium BCE. A number of knobbed wares, some of which were copper-alloy vessels; others earthenwares were documented at a few archaeological sites in western, central and southern Thailand, which is a part of South and Southeast Asian early exchange network.<br>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; This paper focuses on stylistic attributes and materials of the knobbed wares found in these regions. The location as well as physical and cultural characteristics of the archaeological sites are examined to provide some insights into the nature of distribution and exchange. A comparison of the knobbed wares found in Thailand and ones found in the Indian subcontinent and Southeast Asia is presented to determine whether the stylistic attributes could help identify the differences between imported vessels and locally-made ones, and if they were imported, where their origins were. The function of this type of vessel will also be discussed.</p> Praon Silapanth ##submission.copyrightStatement## 2018-06-25 2018-06-25 21 1 131 151 The Commodification of Culture: Bhutan’s Tourism in Globalisation Context <p>The Bhutanese culture is one of the most important cultures of the world and has a unique identity. The richness of culture and nature have made Bhutan become a major destination for tourism. The Bhutanese government's clear promotion and development strategy have resulted in fast-growing tourism, especially cultural tourism linked to Buddhism. This paper looks at the relationship between tourism and the commodification of culture in the context of globalisation. This article uses qualitative research methodology to study and analyse the effects of globalization through tourism on the culture of Bhutan. This article analyses the primary information, such as Bhutanese official documents, etc. , and secondary information such as textbooks, articles, online news, etc. through the theory of commodification of culture. When the Bhutanese culture becomes a commodity, the culture serves the society more than the traditional ways of life that people practise. Tourism is an important factor that increases the process of social change in Bhutan. It does not impact the country only in terms of economics but it also impacts the culture and society in Bhutan, while the globalisation process is one of the major factors that links the commodification of Bhutanese culture with tourism. The argument of the article is that the Driglam Namzha policy is a major policy in shaping Bhutan’s contemporary image to the world, although this policy has also created social change, such as a unique culture in Bhutan. At the same time, the growth of tourism as a result of globalisation is eroding this policy, especially among younger generations who interact with foreign travellers. This situation has changed Bhutanese culture significantly.</p> Suppawit Kaewkhunok ##submission.copyrightStatement## 2018-06-25 2018-06-25 21 1 152 164