“Boats need water and tigers need jungle” - Locally constructed corporate social responsibility in Thailand
Accounting, Auditing & Accountability Journal
ISSN: 0951-3574
Article publication date: 17 January 2025
Issue publication date: 5 February 2025
Abstract
Purpose
This paper explores corporate social responsibility (CSR) in Thailand and analyses how CSR practice is informed by local values rather than merely driven by CSR practices designed in developed countries.
Design/methodology/approach
The analysis is based on a comparative series of interviews of Thai business leaders in 2009–10 and 2019–20 within the conceptual context of Thai CSR discourse/practice, especially Buddhist Economics.
Findings
This paper argues that CSR practice in Thailand is substantially informed by local socio-economic context, particularly Buddhist Economics, including the concepts of suffering (dukkha), the Eightfold Path of the Middle Way, and gifting and reciprocal exchange.
Research limitations/implications
Local contexts are crucial not only for understanding local models of CSR but also for challenging what has been perceived as an imperialistic neo-liberal agenda in western-originating CSR.
Practical implications
The wider practical implications of this paper are that, like Thailand, CSR practices in other developing economies and emerging markets (DEEMs) may also have their own distinctive ‘local’ origins, contexts and developments which need to be considered.
Social implications
The social implications of this paper are that local context is determinant in the development of CSR practice, especially in DEEMs.
Originality/value
This paper contributes to the CSR literature by highlighting the often-marginalised existence of local CSR context and practice in DEEMs and questions CSR based solely on western theorisations.
Keywords
Acknowledgements
The authors would like to thank the anonymous reviewers for their useful comments in developing this paper.
Citation
Kuasirikun, N. and Constable, P. (2025), "“Boats need water and tigers need jungle” - Locally constructed corporate social responsibility in Thailand", Accounting, Auditing & Accountability Journal, Vol. 38 No. 2, pp. 730-759. https://doi.org/10.1108/AAAJ-06-2023-6526
Publisher
:Emerald Publishing Limited
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