The Role of Mindfulness Meditation on Stock Trading Performance
Did the recent stock plummet made you nervous? Did it make you commit wrong trading decisions and suffer financial losses in the end?
The good news is “mindfulness meditation” is a practice that may help stock traders achieve better trading performance. According to a recent study of ICO NIDA faculties, Asst. Prof. Dr. Peerayuth Charoensukmongkol and Assoc Prof. Dr. Vesarach Aumeboonsuke, they found that stock traders who practiced mindfulness meditation more intensively reported better trading performance than those who did not. Moreover, traders who practiced meditation tended to show a higher level of trading discipline and also reported a low frequency of panic selling and overreaction to news than those who did not meditate. In particular, these trading characteristics explain why traders who practiced meditation tended to have better trading performance. In the end, the authors suggested that mindfulness meditation should be taught to stock investors and traders in order to lower irrational behaviors that could unnecessarily lure them to commit unsuccessful trades.
The research was published in the Thammasat Review (TCI Q1). The full-text article can be read from http://tujournals.tu.ac.th/thammasatreview/detailart.aspx?ArticleID=2244&fbclid=IwAR22TSeuK6ib9cL3vpYWDJyCWHvvqsuu1jcZ3zhgo0-qK2AZjs7hpmCQw8I
- Published in RESEARCH
Cultural intelligence and airline cabin crews members’ anxiety: The mediating roles of intercultural communication competence and service attentiveness
Dr. Pornprom Suthatorn, a recent Ph.D. graduate from ICO NIDA, has successfully published his doctoral dissertation in the “Journal of Human Resources in Hospitality & Tourism” under close guidance and support of his dissertation advisor. The Journal of Human Resources in Hospitality & Tourism is the international journal ranked in the 3th Quartile of the “SCImago Database”.
This study investigated the relationship between the level of cultural intelligence exhibited by the airline cabin crew members and the degree of anxiety they experienced when serving foreign passengers. Intercultural communication competence and service attentiveness were proposed as two competencies that mediated the linkage between cultural intelligence and lower cabin crew anxiety. Survey data were collected from 372 Thai airline cabin crew members who worked at a leading international airline in Thailand. The results from a partial least squares regression analysis supported that intercultural communication competence and service attentiveness mediated the linkage between cultural intelligence and lower cabin crew anxiety.
Source: https://www.tandfonline.com/doi/abs/10.1080/15332845.2018.1449559?journalCode=whrh20
- Published in RESEARCH
Antecedents and outcomes associated with social media use in customer relationship management of Thai microenterprises
Pakamon Sasatanun, a PhD.’s student of ICO-NIDA who successfully published her research article in “Antecedents and outcomes associated with social media use in customer relationship management of Thai microenterprises”, The International journal ranked in the Scimago journal database.
A mission of the International College of NIDA (ICO-NIDA) is to help our students to develop research skills as well as to promote students to publish their research work in international scholarly journals.
Congratulations to Oay Pakamon Sasatanun, a PhD.’s student of ICO-NIDA who successfully published her research article in “Antecedents and outcomes associated with social media use in customer relationship management of Thai microenterprises”, The International journal ranked in the Scimago journal database.
Instructor: Peerayuth Charoensukmongkol
The present study investigated some antecedents and outcomes associated with the social media use intensity for customer relationship management (CRM), using the survey data collected from the sample of 217 entrepreneurs of some small retail shops in Thailand. The data were analysed by using the partial least squares regression. Regarding the antecedents, the results indicated that the intensity of social media use for CRM tended to be highly significant for the entrepreneurs who emphasised the service differentiation strategy, but not for those who emphasised the cost leadership strategy. Also, the positive relationship between the competitive pressure to use social media in business and the intensity of social media use for CRM was supported. Regarding the outcomes, the analysis indicated that the intensity of social media use for CRM was positively related to cost reduction and market expansion outcomes which, in turn, were positively linked to higher firm performance satisfaction.
- Published in RESEARCH
National Conference: REPESEA Project
National Conference: REPESEA Project
Assessing and Improving the Research Performance at
Southeast Asian Universities
Project information:
On of the focus of the Erasmus+ Capacity Building in Higher Education is on the investment in research and innovation, which is foreseen as essential for Europe’s society aiming to produce Europe as a world-class science and technology community that drives economic growth not only in the European geographical area. As part of this effort, it is of the foremost importance to bring together European scientists with those from around the world. Building research and innovation capacities is a challenging task and the current project will address this task within the cooperation network of Asian and European partners. The research capacities will be developed at partner higher education institutions in Malaysia, Indonesia, and Thailand through the creation and implementation of the System of the Assessment of Quality and Impact of Research and the development and the introduction of self-contained transferable research skills training modules.
The National Conference aims to address the two main issues from the final outcomes of the project including 1) National policy recommendation for research performance measurement and criteria and 2) The research performance measurement “System of Assessment for Impact and Quality of Research-SAIQoR”
Project objectives:
– To develop and implement the System of the Assessment of the Quality and Impact of Research at partner higher education institutions in partner countries of Region 6 (Malaysia, Indonesia, Thailand).
– To develop, implement and accredit transferable research skill training modules at partner higher education institutions.
– To develop international cooperation among members of the partnership at regional and interregional levels.
Conference hosts:
International College of National Institute of Development Administration (ICO NIDA) and Burapha University International College (BUUIC)
Venue and Date:
Room 701 7th Floor Sayam Building, National Institute of Development Administration, 23 November 2019 from 08:30 a.m. to 13:30 noon
Program schedule:
| 8.30 – 9:00 | Registration |
| 9:00 – 9:15 | Welcome addresses By Assistant Professor Dr. Sid Suntrayuth, Associate Dean of ICO NIDA & REPESEA steering committee member |
| 9.15 – 10.15 | Ph.D. & Research Workshop: Open & informal group discussion among Professors, students, and researchers* |
| 10.15 – 11.45 | Keynote speaker: Assistant professor Dr. Sid Suntrayuth, ICO NIDA |
| 11:45 – 12:15 | Keynote speaker: Waraporn Teerasak, BUUIC |
| 12.15 – 12.30 | Discussion |
| 12.30 – 13.30 | Lunch |
* Students should prepare and bring their own researches and materials for the discussions.
Research Workshop:
Workshop 1 Dissertation and research process: Dr. Marisa Laokulrach
Workshop 2 Research Data analysis: Dr. Chih-Cheng Fang and Dr. Li Zhong wu
Workshop 3 Research Publication: Asst. Prof. Dr. Peerayuth Charoensukmongkol
Workshop 4 Research Presentation: Asst. Prof. Dr. Sid Suntrayuth
Registration:
The program is free for all participants. To register, please go to:
https://docs.google.com/forms/d/e/1FAIpQLSd3aUFDhCEy6RX0HhLNCioDEVt7-Tbbm6umtyNY09dwLFK7Yg/viewform
- Published in NEWS
ICO NIDA Course Rubric Evaluation
In order to apply the standard of quality assessment and evaluation of student’s performance, all graduate students of ICO NIDA will be evaluated by using rubric evaluation criteria. Here are of the criteria adopted by our professors and faculty members in the evaluation of student’s performance.
- Published in NEWS
REPESEA ERASMUS + Capacity Building on Higher Education
Assessing and improving the research capacities at the Asian Universities
The International College of NIDA (ICO NIDA) is currently involving in a REPESEA ERASMUS + Capacity Building on Higher Education along with 10 other international universities
Why?
Building efficient research and innovation capabilities are becoming even more a challenging task in today’s globalized world. The project addresses it within the research and cooperation network of Asian and European partners universities.
What?
The research capacities will be developed at partner higher education institution in Malaysia, Indonesia and Thailand through the creation and implementation of the System of the Assessment of Quality and Impact of Research and the development and the introduction of self-contained transferable research skill training modules.
The project objectives
- To develop and implement the System of the Assessment of Quality and Impact of Research at universities
- To develop, implement and accredit transferable research skill training modules at partner universities.
- To develop international cooperation among partner universities at regional and interregional levels.
For more information about the project please visit: https://www.repesea.org/
REPESEA ERASMUS + Capacity Building on Higher Education is supported by Co-funded by the Erasmus+ Programme of the European Union
- Published in NEWS
教授職缺 vacant position for professor
Overview:
International College of NIDA (ICO NIDA) is seeking to appoint several lecturer positions in management/marketing disciplines. ICO NIDA is under the administration of The National Institute of Development Administration (NIDA) was established to realize His Majesty King Bhumibol Adulyadej’s vision of advancing Thailand’s development through the establishment of an advanced educational institution to prepare people to become agents of change for national development. Although NIDA was originally established to support national development in Thailand; this objective has now been expanded to encompass regional development in countries outside of Thailand, with the aim of producing advanced degree graduates who can serve in the public, business, and nonprofit sectors.
This is a full time position based in Bangkok, Bangkapi area.
The job position:
The position is in the area of management or marketing disciplines. The lecturer position in management/marketing will provide research and contribution towards international standard of education. The role is also expected to provide an important contribution to teaching and learning and to support the engagement activities of the discipline and the college.
The successful candidates:
The successful candidates will have background in management or marketing, with outstanding works in research, strong evidence of quality graduate student supervisions, and demonstrated extensive experience in teaching and curriculum development. In addition, the candidate’s ability for teaching in Chinese language will be advantageous.
- Published in NEWS
ICO NIDA: Student Orientation
ICO NIDA is accepting new student applications for 1) Master of Management and 2) Ph.D. in Management-commencing May-2016
Our Curriculum:
Master of Management in (English/Chinese Program)
- International Business Management
- Marketing Management
- Financial Management
- Entrepreneurship Management
- Policy and Management
- Nonprofit Management
- E-Business Management
- Human Capital Management
- Published in NEWS
ICO NIDA Courses
ICO NIDA courses require that non-native English speaking students have proficiency in reading, writing and speaking English. Any non-native English speaking applicant who has not received a university degree in a country where English is the native language, is required to take the Test of English as a Foreign Language (TOEFL), International English Language Testing System (IELTS), or another equivalency test approved by ICO NIDA.
For those who are interested in upgrading their English proficiency, ICO NIDA provides a certificate program in foundational English Foundation for those students who would like to prepare themselves for graduate studies.
For more information about the International College of the National Institute of Development Administration (ICO NIDA), please visit our website at www.ico.nida.ac.th or email us: iconida_info@nida.ac.th . You can check our updated status on Facebook: www.facebook.com/iconida
- Published in NEWS
Message from Our Dean
Welcome to International College of National Institute of Development Administration (ICO NIDA).
When you are looking for a university to study for a high standard master degree and PhD, you want the best professors, the best curricula, and reasonable tuition fee. We, the International College of NIDA, provide you the best Thai professors and foreign professors from well-known universities all around the world. Definitely, to maintain our high standard, all of them earn doctorate degree in their fields of specialization. Besides, they are knowledgeable and experiences in both teaching and research.
All ICO NIDA curricula are up-to-date and career oriented. Of course they are approved by the Office of Higher Education Commission of Ministry of Education of Thailand.
ICO NIDA also offer dual degree and exchange programs to a number of accredited universities all over the world, for example Indiana University at Bloomington, USA, Rainemaine University of Applied Science, Germany, Weisbaden Business School, University of Innsbruck, and University of Economics Blatislava, Slovakia. We also have plan to extend more colloborations in the near future.
ICO NIDA tuition fee is very reasonable considering the best professors, the best curricula, and excellent facilities. NIDA library is also named the best living library in Thailand.
We have excellent facilities. Classroom, office, academic support mechanisms, student health clinic, sport center, fitness center, cafeteria, and peaceful green environment for graduate students.
Do you want to make a difference? Of course, you can do it with world class education at prestigious university with honorable history and excellent facilities. ICO NIDA can help you make a difference.
I wish you success in your education at ICO NIDA.
- Published in NEWS
Environmental Externalities in Relation to Agricultural Sector in Thailand
This is an interesting study of the relevant role of Thailand on international trade of food and agricultural products, which are in concordance with its successful national strategy positioned itself as the “Kitchen of the World”. To that end, and when looking at its agricultural promotion and export policies, the country has not yet taken into consideration issues related to environmental externalities with regard to plantation methods; the value gains are only counted from exports. For this study, the main purpose was to discharge a trade-off analysis among consumptive water, land, and fertilizer use together with economic values of main crops for exporting and consumption in the country. The findings provide a fresh inside on how to increase income from agricultural exports by exploiting several natural resources such as rubber crops. Moreover, more sustainable agricultural practices are needed to foster such as increased yields and decreased fertilizer and water use.
The results of this study leads to conclusions that the government should clearly accentuate on encouraging good farming practices for sustainable crop production as high productivity to increase the values of agricultural practices on selecting the right crop with low natural resources and high economic value.
Mangmeechai, A. (2014). Environmental externalities in relation to agricultural sector in Thailand with trade-linked analysis. Environment, Development and Sustainability, 16(5), 1031-1040.
- Published in RESEARCH
Parents or Peers, Wealth or Warmth?
The purpose of this paper is to gain knowledge between family wealth, positive outlook, and support from significant others, incorporating parents and friends, on self-efficacy and happiness. The partial least squared structural equation modeling (PLS-SEM) has been used to analyze the impact of family wealth, social support, and positive outlook on self-efficacy and one’s own happiness. From the statistical results there are five pivotal points that can be drawn. Firstly, parents’ support is much more important than support from friends for individuals’ happiness. Secondly, those who receive more support from parents the level of self-efficacy is usually higher. Thirdly, individuals belonging to less wealthy families develop a stronger level of self-efficacy. Fourthly, in order to develop a higher level of self-efficacy parents’ support is truly important especially for individuals that are in less fortunate wealthy families than those who are in a wealthier family. Lastly, for individuals in a wealthier family the positive linkage within happiness and self-efficacy was clearly stronger than those in a less wealthy family.
In conclusion, the final outcomes expressed that the role of parents’ support is related to a high level of happiness and less for one’s self-efficacy and happiness support from friends as money is not the ultimate answer for happiness and self-efficacy as well. Moreover, less wealthy families enjoyed a higher level of self-efficacy due to receiving enough support from their parents.
“PARENTS OR PEERS, WEALTH OR WARMTH?: THE IMPACT OF SOCIAL SUPPORT, WEALTH, AND A POSITIVE OUTLOOK ON SELF-EFFICACY AND HAPPINESS”. Assistant Prof. Dr. Vesarach Aumeboonsuke
- Published in RESEARCH
