Comparative study on Regulatory Requirements on Corporate Social Responsibility in Australia and Thailand  

Oleh:

Wisuttisak, Pornchai ; Wisuttisak, Chompunoot

Jenis: Article from Proceeding
Dalam koleksi: SIBR-Thammasat 2014 Conference on Interdisciplinary Business & Economics Research June 5th- 7th, 2014 di Emerald Hotel Bangkok, page 1-15.
Topik: CSR; Regulation; Australia; Thailand
Fulltext: b14-090.pdf (187.32KB)

Isi artikel

This paper, it study on regulatory requirements in Australian and Thailand with regard to Corporate Social Responsibility. The paper present general background of CSR in both countries and focus on regulatory obligation which amount to CSR in Australia and Thailand. The paper found that based on regulatory requirements and voluntary basis, CSR in Australia is better developed than Thailand. Australia seems to have more regulations which help facilitate the practices of CSR in businesses. However, paper also points out that there are similarity between Australia and Thailand regarding to CSR. CSR both in Australia is derived from spiritual and philosophical underpinnings. Also another similarity point is that there are limited regulations that can help stimulate the implementation of CSR in companies both in Australia and Thailand. Thus, the paper concludes with discussion in order to generate recommendation on regulatory development to develop CSR in both Australia and Thailand.

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