Integrative ESG Strategies Transformative Leadership and Stakeholder Engagement in Thailand's Corporate Landscape

Thanaphon Cheungsirakulvit, Supattra Pranee

ABSTRACT:

This paper presents an integrative examination of Environmental, Social, and Governance (ESG) practices in Thailand's corporate sector, underscoring the pivotal roles of transformative leadership and stakeholder engagement. Utilizing a mixed-methods approach that combines quantitative surveys and qualitative interviews, the study delves into the dynamic interplay between leadership styles, corporate culture, technological adaptation, organizational agility, and their cumulative impact on ESG integration and effectiveness. Key findings highlight that transformational leadership behaviors significantly influence the incorporation and success of ESG initiatives. Furthermore, the research reveals a critical linkage between adaptive corporate culture and robust stakeholder satisfaction, underpinned by strategic technology adoption and organizational agility. These insights not only contribute to a nuanced understanding of ESG dynamics within Thai corporations but also offer practical guidelines for enhancing ESG practices through focused leadership and stakeholder-centric strategies. The study's implications extend to policymakers and business leaders, providing a roadmap for embedding sustainable and socially responsible practices in corporate operations and cultures, particularly within emerging economies like Thailand.

KEYWORDS: ESG (Environmental, Social, Governance) Integration, Transformative Leadership, Thai Corporate Sector, Stakeholder Engagement, Organizational Agility

DOI: 10.62788/XzNk6Qy

PUBLISHED IN: ICCMETS Conference Proceedings 2023

DATE OF CONFERENCE: July 25 - 27, 2023

CONFERENCE LOCATION: Osaka, Japan

PUBLISHER: EDUCATION STUDIO (THAILAND) CO., LTD.

ELECTRONIC ISBN: 978-616-7901-69-5

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