Impact of Social Responsibility the Composition of the Board of Directors and Disclosure of Sustainability Report that Affect Efficiency Performance of Companies Listed on the Stock Exchange of Thailand

Abstract

          Nowadays, business organizations are beginning to pay attention to the impacts that occur on society, communities, and the environment. In parallel with the operations of the business by setting business strategies, taking into account the conservation of natural resources, as well as preserving the environment and taking care of society and communities together. This research aimed to investigate the impact of the social responsibility composition of the board of directors and disclosure of sustainability reports that affects performance efficiency of companies listed on the stock exchange of Thailand. This study was a quantitative research. Data were collected from the annual reports (56-1) using a sample of 272 listed firms. The collected data were analyzed using multiple linear regression. The results revealed that 1) the corporate social responsibility had an impact on performance efficiency, 2) the composition of the board of directors had an impact on performance efficiency and 3) Disclosure of sustainability report had an impact on performance efficiency at statistically significant levels of 0.05. The results can be used as guidelines that executives can apply in managing and controlling work to ensure good business performance in the long term to ensure that there is fairness and transparency within the organization. To build competitiveness, lead to growth and increase value and reflects the efficiency of business operations and is used as a guideline for conducting business to bring maximum benefit to the organization.