Intergenerational differences of CSR activities in family-run businesses in eastern Thailand

Sapanna Laysiriroj () and Walter Wehrmeyer ()
Additional contact information
Sapanna Laysiriroj: University of Surrey
Walter Wehrmeyer: University of Surrey

Asian Journal of Sustainability and Social Responsibility, 2020, vol. 5, issue 1, 1-15

Abstract: Abstract This paper looks at differences and similarities in CSR between generations of family-run businesses in Thailand, especially their motivation, behaviour, targets, activities, and expectations towards CSR. It will be argued that family-run businesses in Thailand practise CSR informally, driven by a mentality of “giving back to society” and mostly influenced by religion and culture. Family-run businesses generally approach CSR differently from larger corporations. This paper also discusses differences of priorities between 1st and 2nd generation owners, with 1st generation FRBs tend to focus on survival and growth, while the 2nd generation on profit. Despite struggling to survive, 1st generation family-run businesses are typically engaged in CSR activities which influences the 2nd generation to follow suit.

Keywords: Family-run businesses; Intrinsic CSR; CSR activities; Intergenerational; CSR differences (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1186/s41180-019-0031-9 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:ajossr:v:5:y:2020:i:1:d:10.1186_s41180-019-0031-9

Ordering information: This journal article can be ordered from
https://ajssr.springeropen.com/

DOI: 10.1186/s41180-019-0031-9

Access Statistics for this article

Asian Journal of Sustainability and Social Responsibility is currently edited by Jong Dae Kim

More articles in Asian Journal of Sustainability and Social Responsibility from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().