Can Environmental and Social Performance of Thai-listed Companies Create Sustainable Value?

Abstract

This study explores an integrated reporting system of Thai-listed companies disclosing environmental and social performance in Thai context, and how integrated reports create sustainable value to stakeholders and users. A set of questionnaires is created to conduct Fifty-two of Thai companies listed in the Stock Exchange of Thailand. The samples are selected from five sectors including Transport, Machinery, Metal product, Electricity, Finance and banking, Food and beverage, Petroleum, and Telecommunication. Environmental and social performance indicators in annual reports and corporate social responsibility (CSR) are targeted for investigation. Correlation analysis methods are employed to test hypotheses. This study found that Thai-listed companies incorporated environmental and social performance in reporting system to satisfy information needs of stakeholders and users. Environmental and social performance integrated in the reports aims to create sustainable value in the eye of stakeholders and investors.

Keywords: Integrated reporting system, Environmental performance, Social performance, integrated reporting perspectives, sustainable value

DOI: 10.7176/RJFA/10-10-23

Publication date:May 31^st 2019