The Role of Corporate Social Responsibility Policies’ Implementation on Performance of Listed Companies in the Stock Exchange of Thailand
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Abstract
This research aims to study corporate social responsibility activities, evaluate and compare the performance of corporate social responsibility businesses enterprises to other business enterprises. The data of the listed companies on the Stock Exchange of Thailand with a top 100 market value in 2014 were analyzed using Data Envelopment Analysis (DEA) to determined corporate performance in terms of profitability and marketability performance. The research found that when dividing listed enterprises on the Stock Exchange of Thailand with a first top 100 market value (SET100 Index) by its CSR activities and the preparation of sustainability reports in 2014. The result divides 43 companies with the corporate social responsibility and 57 companies were other business enterprises. An analysis of businesses performance found that the business enterprises with social responsibility have more profitability performance and marketability performance than other business enterprises.
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