Suradetch Wangthong. A structural equation model of factors influencing sustainability chemical industry in Thailand. Doctoral Degree(Industrial Business Administration (International Program)). King Mongkut's Institute of Technology Ladkrabang. Central Library. : King Mongkut's Institute of Technology Ladkrabang, 2023.
A structural equation model of factors influencing sustainability chemical industry in Thailand
Abstract:
The primary aim of this study is to study a structural equation model of factors influencing sustainability of chemical industry in Thailand. The structure equation of factors influencing sustainability of chemical industry in Thailand was developed with empirical data. Data were collected from the top management of the chemical industry in Thailand, totaling 317 companies using a multi-stage sampling technique. In the relationship analysis among the variables, AMOS is the main program to use, and another is Pearsons correlation coefficient. The study found that the factors influencing sustainability the most were transformational leadership, organizational culture, and corporate social responsibility, respectively. The characteristics of outstanding transformational leaders in the chemical industry in Thailand include paying close attention to the needs of employees, treating employees as family, and inspiring employees with individual career advancement plans. The prominent characteristics of the organizational culture of the chemical industry in Thailand include a commitment to creating a culture focused on proactive competition and excellent results. The distinctive feature of CSR in the chemical industry in Thailand includes the continuous effort to operate for the benefit of stakeholders and society by developing quality products at a reasonable price. Companies should consider investing in transformational leadership training to support leadership behaviors that promote an organizational culture that supports sustainability and overcomes resistance caused by change and challenges. Shared values in an organization's culture increase sustainability awareness, which affects sustainability behavior in the workplace. Finally, companies must consider social responsibility by helping the community rather than just looking for profits. CSR programs should involve employees and take action on sustainability and responsibility in planning, implementation, and evaluation. Future studies should adopt qualitative methods and longitudinal studies as this will avoid ambiguity in causal relationships and should expand the sample to other industries, areas, and countries to increase the generalizability of the findings
King Mongkut's Institute of Technology Ladkrabang. Central Library