Objective: The objective of the article is to investigate the extent and level of sufficiency economy philosophy (SEP) practice, the performance measured by the balanced scorecard (BSC) of small and medium-sized enterprises (SMEs) in Thailand, and to test the influence of SEP practice on SMEs’ performance measured by BSC. Research Design & Methods: Using stratified sampling, 600 SMEs were adopted as the sample in this study. Self-reported data was collected using a mailed questionnaire containing items incorporating a five-point Likert scale. The data was initially analysed by descriptive analysis, correlation matrix, and multiple regression. Findings: The study found that both SEP practice and performance measured by the BSC of SMEs were at a high level. Moreover, the moderation element was the most common SEP practice followed by the morality condition, the reasonableness element, the self-immunity element, and the knowledge condition. The multiple regression analysis indicated that all the elements and conditions of SEP positively and significantly influenced performance measured by the BSC. Using control variables, the study also found the significant relationship between firm size, firm age, and SMEs’ performance. Implications & Recommendations: Business owners and top management can use SEP as a practical management tool with which to operate their business instead of adopting Western management models. Contribution & Value Added: The study findings can demonstrate that stakeholder theory can be used to explain SMEs in Thailand putting SEP into practice in order to satisfy stakeholder demands for better performance. Article type: research article

中文翻译：

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自给自足经济哲学实践对泰国中小企业绩效的影响

目的：本文的目的是调查自给自足经济哲学 (SEP) 实践的程度和水平，衡量泰国中小企业 (SME) 平衡计分卡 (BSC) 的绩效，并测试SEP 实践对 BSC 衡量的中小企业绩效的影响。研究设计与方法：采用分层抽样，600 家中小企业作为本研究的样本。自我报告的数据是使用邮寄问卷收集的，其中包含包含五点李克特量表的项目。数据最初通过描述性分析、相关矩阵和多元回归进行分析。调查结果：研究发现，中小企业 BSC 衡量的 SEP 实践和绩效均处于较高水平。而且，节制要素是最常见的 SEP 实践，其次是道德条件、合理性要素、自我免疫要素和知识条件。多元回归分析表明，SEP 的所有要素和条件都对 BSC 衡量的绩效产生积极且显着的影响。使用控制变量，该研究还发现了企业规模、企业年龄和中小企业绩效之间的显着关系。启示和建议：企业主和高层管理人员可以将 SEP 作为一种实用的管理工具来运营他们的业务，而不是采用西方的管理模式。贡献和增值：研究结果可以证明利益相关者理论可用于解释泰国的中小企业将 SEP 付诸实践以满足利益相关者对更好绩效的要求。文章类型：研究文章