The Professionalization of Compliance in Thailand: Barriers and Structural Constraints
Alon Kohalny () and
Gabriel Sayag ()
Asian Business Research Journal, 2025, vol. 10, issue 11, 25-31
Abstract:
This study investigates the current status and developmental challenges of compliance as a profession in Thailand. Through a semi-structured mixed methods approach conducted with 10 Thai compliance officers in 2023 and 2024, the research identifies key institutional, cultural, and market-based barriers to professionalization. Findings indicate limited cross-sector mobility, low engagement with professional associations, and employer-dominated structures that hinder the evolution of compliance into a recognized profession. Drawing on global literature, the paper situates Thailand’s context within the broader journey of compliance from a fragmented function to an emerging profession. It utilizes Perks' (1993) model of professionalization and neo-institutional theory to interpret these dynamics, while considering contributions from Parker (1999), Fanto (2020), Pacella (2019), and others to explore progress, tensions, and future pathways.
Keywords: Compliance profession; Governance; Professionalization barriers; Regulatory framework; Thailand. (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:ajn:abrjou:v:10:y:2025:i:11:p:25-31:id:751
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