10 organisations honoured for good practices
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Ten organisations were honoured with the "model white organisation awards" 2012, last week, in recognition of their incorporation of good governance into business practices.
They are Securities and Exchange Commission, Chai Boon Brother Co, Central Marketing Group, Toshiba Thailand Co, Toyota Deeyiam Co, Nakornthon Hospital, Bathroom Design Co, Lion (Thailand) Co, Sosuco and Group (2008) Co and LNS Group Co.
They have been lauded for good governance, having written manuals, and social responsibility.
The SEC in particular stands firm against corruption, being a pivotal partner of the Anti-Corruption Network and promotes anti-corruption campaigns and social responsibility among listed companies.
The awards are initiated by the Sasin Graduate School of Chulalongkorn University and DMG Group.
At the award presentation ceremony, Asean Secretary-General Surin Pitsuwan said in a keynote speech that corruption is dragging down the Thai economy and that companies of all sizes must avoid paying bribes.
“Leakages will ruin Thailand’s competitiveness. Aside from academic excellence and human resources, a transparent procurement process is important. As long as Thais still embrace corruption if they can get some benefits, Thailand will fall into a deep hole even before the start of the AEC [Asean Economic Community],” he said.
He emphasised that profits should not be the only aim of businesses. They should also care for society, by denouncing corruption and promoting integrity. This would enhance the country’s competitiveness.
