The The Relationship between the Social Responsibility Investment disclosure and the firms’ market values
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Abstract
Social Responsibility Investment (SRI) is an investment that generates returns for business
whilst creates value-added for society. This study aimed to investigate the limitation level of SRI
Disclosure and to study the relationship between the disclosure corresponded with and the firms’
market values of the listed companies in the Stock Exchange of Thailand. The annual report data
during the years 2015–2018 (400 data) was analyzed by using content analysis. The finding
indicated that SRI disclosure was disclosed at the minimal level, Form of Disclosure (FD) lines,
Nature of Disclosure (ND) and Location of Disclosure (LD) disclosed at the minimal. Moreover, the
result indicated that SRI disclosure had correlation with the firms’ market value. Besides, the said
disclosure was voluntary-based, and technically in Thailand, it was in the initial stages. In principle,
Social Responsibility Investment disclosure positively impacts Social Return on Investment (SROI),
and essentially increases the firm values overtime
Article Details
ลิขสิทธิ์ของบทความ
ผลงานที่ได้รับการตีพิมพ์ถือเป็นลิขสิทธิ์ของมหาวิทยาลัยหอการค้าไทย ห้ามมิให้นำเนื้อหา ทัศนะ หรือข้อคิดเห็นใด ๆ ของผลงานไปทำซ้ำ ดัดแปลง หรือเผยแพร่ ไม่ว่าทั้งหมดหรือบางส่วนโดยไม่ได้รับอนุญาตเป็นลายลักษณ์อักษรจากมหาวิทยาลัยหอการค้าไทยก่อน
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