02686nas a2200241 a 450000500170000000800410001703500150005810000260007324500740009926000670017330000270024049000520026750001490031950200670046852015730053565000370210865000380214570000410218370000460222470000460227071000440231681000840236020260818112627.0210426s2017    th uu m rtt   0|  a1eng d  a.b123696760 aKrittidesh Wongpool  10aEvaluating economic value added of SFIs in Thailand using CAMEL Model  aPathum Thani, Thailand :bAsian Institute of Technology,c2017  a58 [12] leaves :bill.1 aResearch studies project report ;vno. SM-17-07  aA research  submitted in partial fulfillment of the requirements for the degree of Master of Business Administration in Business Administration   aResearch report (M. BA.) - Asian Institute of Technology, 2017  aThis research studies "The Relationship between the CAMEL model and Economic  Value Added: A Case study of the SFIs in Thailand". The main objectives of this research were  to assess the financial performance of four Specialized Financial Institutions (SFIs) by using  the CAMEL model and Economic Value Added (EVA) concept, and to analyze the relationship  between the CAMEL model and Economic Value Added of four SFIs consisting of the  Government Savings Bank, the Government Housing Bank, the Bank for Agriculture and  Agricultural Co-operatives, and the Islamic Bank of Thailand during 2006 to 2015. After  compiling financial data and information from SFIs' annual reports and financial statements,  the calculation and analysis of the research were made by applying Kendall tua-b Correlation  Coefficient and Multiple Regression Analysis.  The outcome of the research indicates that the relationship, by using the Multiple  Regression Analysis, between the CAMEL model and Economic Value Added (EVA) ofthe 4  SFIs is existing, 4 ratios are the equity capital to asset ratio, the loan charge-offs to gross loan  ratio, the net interest margin ratio, and the primary assets to deposits ratio can statistically  explain the change of variables or the EVA of four SFIs significantly.  Key words: CAMEL model, Economic Value Management (EVM) , Value Based  Management (VBM), Economic Value Added (EVA), Net Operating Profit After Taxes  (NOPAT), Weighted Average Cost of Capital (W ACe), Capital Charge, Specialized Financial  Institutions (SFls), Capital Employed   0aEconomic value addedxEvaluation 0aEconomic value addedxManagement 0 aSupasith Chonglerttham,eChairperson1 aZimmermann, Willi,eExamination Committee0 aSununta Siengthai,eExamination Committee2 aHM King Scholarship,eScholarship Donor2 aAsian Institute of Technology.tResearch studies project report ;vno. SM-17-07