การเปิดเผยข้อมูลความรับผิดชอบต่อสังคมของบริษัทจดทะเบียนในตลาดหลักทรัพย์ เอ็ม เอ ไอ

Abstract

This independent study aimed at exploring Corporate Social Responsibility (CSR) disclosure of companies listed on the Market for Alternative Investment (MAI) and volume of disclosure implemented in accordance with the 8 Corporate Governance Codes (CG-Codes) as imposed by the Stock Exchange of Thailand (SET) since year 2014 as principles, requirements, and procedure for the CSR disclosure annual statement: Form 56-1. It also aimed to compare levels of monetary and non-monetary disclosure as well as to observe the tendency of CSR disclosure from during the year 2015-2017 to figure out volume, tendency and levels of CSR disclosure of the company listed on the MAI according to the SET’s 8 CG-Codes framework. The researcher gathered CSR disclosure information by counting words of CSR disclosure annual statements (Form 56-1) and annual reports (Form 56-2) of 387 data during year 2015-2017 , as published on each company website after the CSR disclosure regulations were implemented in 2014. Data obtained were analyze by the descriptive statistics to figure the total quantity of the disclosure in an overview then, separated into groups of monetary and non-monetary information as well as categorized those industrial companies into 8 business categories. Hereafter were shown the findings of CSR disclosure volume of the studied companies found in their annual statements (Form 56-1), annual reports (Form 56-2), and sustainability reports published on the company’s website as well as the company’s website being launched in response to the CSR policy, and the analyses on quantity and level of CSR disclosure in monetary and non-monetary aspects in an overview from 2015-2017. The findings presented that the 2nd principle: anti-corruption was disclosed the highest level; while the 8th principle: innovation and innovation dissemination was disclosed at the lowest level. However, in an overview, the CSR disclosure increased from year 2014 after the CSR disclosure framework was implemented. Regarding the analysis on quantity CSR disclosure in monetary aspect from 2015-2017, the 4th principle: fair treats to labors was only one principle that had been disclosed along 3 years, starting from 2015. The disclosure level of the 7th principle: engagement in community and social development increased in 2016; while the disclosure level of the 6th principle: environmental responsibility increased in 2017. The findings suggested that the disclosure level of these three mentioned principles tended to increase every year. Regarding the analysis on quantity of CSR disclosure in non-monetary aspect from the year 2015-2017, the 2nd principle: anti-corruption was disclosed the highest level; while the 8th principle: innovation and innovation dissemination was disclosed at the lowest level. The findings suggested that in an overview, most studied companies gained their volume for non-monetary disclosure. Regarding the analysis on quantity of CSR disclosure of each business category as observed from the year 2015-2017, business categories that had the highest disclosure volume included service business, industrial business, and properties and construction business, respectively. In the meanwhile, the analysis on level of disclosure for each business category presented that the 1st principle: equitable business operation was weighted as the most important principle to be disclosed; while the 8th principle: innovation and innovation dissemination was weighted as the least important principle to be disclosed.