30 Jan 2025
Family CEO and CSR Engagements in Thailand: The Moderating Roles of Non-market Connections
Thai family firms play a dominant role in Thailand’s economy, accounting for 33% of market capitalization and over 25% of the country’s GDP. As family businesses play a significant role in Thailand’s prosperity, Professor Jegoo Lee from the College of Business at the University of Rhode Island, USA, shared insights from his ongoing research paper “Family CEO and Corporate Social Responsibility (CSR) Engagements in Thailand and the Moderating Roles of Non-market Connections,” at Sasin Research Seminar.
“Family businesses are more likely to engage in CSR because they want social/emotional wealth,” said Dr. Lee. Together with his research partner, Nongnapat Thosuwanchot from Chulalongkorn Business School, they investigate how non-market connections influence CSR engagements in Thai family businesses.
For more information about this research project “Family CEO and Corporate Social Responsibility (CSR) Engagements in Thailand and the Moderating Roles of Non-market Connections,” contact Professor Jegoo Lee to request the information.