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Sustainable Social Enterprise Model: Relationships and Consequences

1
School of Business, University of the Thai Chamber of Commerce, Bangkok 10400, Thailand
2
Center for Research on Sustainable Leadership, College of Management, Mahidol University, Bangkok 10400, Thailand
*
Author to whom correspondence should be addressed.
Sustainability 2019, 11(14), 3772; https://doi.org/10.3390/su11143772
Received: 5 April 2019 / Revised: 29 June 2019 / Accepted: 4 July 2019 / Published: 10 July 2019
(This article belongs to the Section Economic, Business and Management Aspects of Sustainability)
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Abstract

The present study develops a sustainable social enterprise model and examines relationships between corporate sustainability practices and sustainability performance outputs in a social healthcare enterprise in Thailand. Findings reveal four predictors of corporate sustainability, including Leadership, Stakeholder Focus, Resilience Development, and Sharing practices. All of them have direct and/or indirect positive effects on corporate sustainability performance outputs as measured by brand equity, socioeconomic performance and environmental performance. The study also proposes a coherent theory of Sufficiency Economy in business, build upon key theories from relevant fields. Lastly, the present study provides future research directions and managerial implications based upon the model. View Full-Text
Keywords: sustainable enterprise; corporate sustainability; social enterprise; social healthcare enterprise; sufficiency economy; brand management; socioeconomic sustainable enterprise; corporate sustainability; social enterprise; social healthcare enterprise; sufficiency economy; brand management; socioeconomic
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This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).
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Ketprapakorn, N.; Kantabutra, S. Sustainable Social Enterprise Model: Relationships and Consequences. Sustainability 2019, 11, 3772.

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