Guidelines for the Promotion of Writing Reports for the Sustainable Development of the Companies Listed on the Stock Exchange of Thailand

Main Article Content

Sathaporn Sawattoonkiet Sawattoonkiet
Amara Rattakorn

Abstract

              The purposes of this research aimed to study: (1) report for sustainable development based on the GRI reporting framework of listed companies in the Stock Exchange of Thailand (SET). (2) data disclosures for sustainable development  based on the GRI reporting framework of listed companies in the SET. (3) the problems in preparing a report for sustainable development and 4) guidelines for promoting in preparing a report, and data disclosure for sustainable development based on the GRI reporting framework. The mixed methodology was used for this research. The sample comprised the companies listed on the SET that provide sustainable development reports were 17 companies. 17 companies listed on the Thai Stock Exchange that have not yet made a report for sustainable development by choosing companies in the same industry that have already provided sustainable development reports and 216 companies listed on the SET that have not yet made a report for sustainable development. The tools used in the study included a survey, a questionnaire and in-depth interviews. Content analysis, categorizing data to the frequency and percentage, average and standard deviation, were applied  for quantitative and qualitative data analysis. 


             The findings were as follows: (1) the company that reported on sustainable development in 5 aspects including management, environment, social, economic and public relations were more than companies that did not report for sustainable development. (2) companies that do not make a report for sustainable development was found that corporate data disclosure do more than two issues, economic aspect do more than one issue, environmental aspect do less than three issues, labor treatment and value work  do more than three issues, human right aspect  do more than two issues, social aspect do more than one issue, report consideration aspect do more than two issues, responsible products do more than one issue, and the definition and meaning do more than all the issues, (3) problems of preparation of report were economic stability,  measuring and abstract reporting and poor relationship with investors, and 4) the guidelines for promoting  report for sustainable development: (4.1) internal organization level including establishing a unit responsible for reporting for sustainable development, establishment of coordination centers of benefit of stakeholders, (4.2) the Stock Exchange and higher education institution level including the establishment of an incubator for academic services that should promote the company that produces the report by rewarding, and (4.3) nationally level including the state policy concerning about tax measures and environmental law to motivate in making report for sustainable development.

Downloads

Download data is not yet available.

Article Details

How to Cite
Sawattoonkiet, S. . S., & Rattakorn, A. . (2017). Guidelines for the Promotion of Writing Reports for the Sustainable Development of the Companies Listed on the Stock Exchange of Thailand. JOURNAL OF SOUTHERN TECHNOLOGY, 11(2), 171–180. Retrieved from https://so04.tci-thaijo.org/index.php/journal_sct/article/view/93797
Section
Research Manuscript

References

Corporate Social Responsibility (CSR). (2008). Corporate Social Responsibility Guideline
Bangkok: Printing Icon Printing Factory. [in Thai]
Honger, R.H. (1982). Corporate Social Reporting Eight Years of Development at the Steel Research Chin Corporate Performance and Policy. 243-250.
Hongvoranant, K. (2017). The new role of CSR in order to serve the value of business in Thai context. Suthiparithat Journal, 26(80), 163-174. [in Thai]
Kumpim, B. (2016). Corporate Social Responsibility (CSR) Evolution of the Corporate Sector. M.B.A. Independent Study (Management), Rajamangala University of Technology Phra Nakhon. [in Thai]
Naomi, S. (2013). Sustainability reporting: past, present, and trends for the future. Insights Melbourne Business and Economics, 13, 31-37.
Plumlee, M., Brown, D., & Marshall, R. S. (2010). Voluntary Environmental Disclosure Quality and Firm Value: Future Evidence. Associate Professor of Accounting. Dived Ecclesia Faculty Fellow, University of Utah.
Social Responsibility Center. (2013). Introduction to Sustainable Development. Bangkok: Amarin Printing and Publishing. [in Thai]
Suttipun, M. (2012). Environmental disclosures in corporate annual report a study of top 50 companies listed in the stock exchange of Thailand. Chulalongkorn Business Review, 34(2), 47-67. [in Thai]
Yamane, T. (1973). Statistics: An Introductory Analysis. 3rd ed. New York: Harper and Row Publication.