CHIANG MAI UNIVERSITY JOURNAL OF ECONOMICS https://so01.tci-thaijo.org/index.php/CMJE <p>Chiang Mai University Journal of Economics (CMJE) is a double-blind peer-reviewed journal published by the Faculty of Economics, Chiang Mai University, Thailand which aims to be a channel to report academic progression in the field of economics. It was established in 1996 and has been indexed in the Thai-Journal Citation Index <span style="text-decoration: underline;"><strong>TCI Tier 3</strong></span></p> <p>CMJE publishes original research/academic papers and review articles in 2 issues per year</p> <ul> <li class="show">Issue 1 January – June, published in June</li> <li class="show">Issue 2 July – December, published in December</li> </ul> <p>Since 2020 onward</p> <p>CMJE have been published as a book for any interested, library or institutions and as an online issue at https://www.tci-thaijo.org/index.php/CMJE</p> en-US <p>All opinions and contents in the CMJE are the responsibility of the author(s). Chiang Mai University Journal of Economics reserves the copyright for all published materials.&nbsp; Papers may not be reproduced in any form without the written permission from Chiang Mai University Journal of Economics.</p> <p>ข้อคิดเห็นที่ปรากฏและแสดงในเนื้อหาบทความต่างๆในวารสารเศรษฐศาสตร์มหาวิทยาลัยเชียงใหม่ ถือเป็นความเห็นและความรับผิดชอบโดยตรงของผู้เขียนบทความนั้นๆ มิใช่เป็นความเห็นและความรับผิดชอบใดๆของวารสารเศรษฐศาสตร์ มหาวิทยาลัยเชียงใหม่</p> <p>บทความ เนื้อหา และข้อมูล ฯลฯ ในวารสารเศรษฐศาสตร์มหาวิทยาลัยเชียงใหม่ ถือเป็นลิขสิทธิ์เฉพาะของคณะเศรษฐศาสตร์มหาวิทยาลัยเชียงใหม่ หากบุคคลหรือหน่วยงานใดต้องการนำทั้งหมดหรือส่วนหนึ่งส่วนใดไปเผยแพร่ต่อหรือเพื่อกระทำการใดๆ จะต้องได้รับอนุญาตเป็นลายลักษณ์อักษร จากวารสารเศรษฐศาสตร์ มหาวิทยาลัยเชียงใหม่</p> journal.econcmu@gmail.com (ผศ. ดร.วรัทยา ชินกรรม (Asst. Prof. Warattaya Chinnakum, Ph.D.)) journal.econcmu@gmail.com (นางสาวพนิดา เรืองสุวรรณ (Ms.Panida Rueangsuwan)) Fri, 27 Jun 2025 13:08:38 +0700 OJS 3.3.0.8 http://blogs.law.harvard.edu/tech/rss 60 Best Practices (ESG) for the Comprehensive OEM Business of Dietary Supplements, Health, and Beauty: SCG Grand Co., Ltd. and Its Affiliates https://so01.tci-thaijo.org/index.php/CMJE/article/view/279192 <p>This study aims to: (1) examine the current state and desired practices of Environmental, Social, and Governance (ESG) principles in the manufacturing business of dietary supplements, health, and beauty products within SCG Grand Co., Ltd. and its subsidiaries; (2) analyze the necessity for ESG adoption in this industry to facilitate the development of effective and sustainable strategies; and (3) identify best practices in ESG implementation within SCG Grand Co., Ltd. and its subsidiaries.</p> <p>This research employs a mixed-methods approach, integrating both qualitative and quantitative methodologies. The qualitative component utilizes questionnaires and interviews as data collection tools, while the quantitative analysis is based on responses from executives and employees in the dietary supplement, health, and beauty product manufacturing sector located in Mueang District, Samut Sakhon, under SCG Grand Co., Ltd. and its subsidiaries. The sample size was determined using a 95% confidence level with a 5% margin of error, resulting in a total of 400 participants. Purposive sampling was employed, and data were analyzed using frequency distribution, percentage calculations, and a five-point Likert scale. Additionally, the Modified Priority Needs Index (PNI Modified) was applied for data interpretation.</p> <p>The findings indicate that the current ESG performance of SCG Grand Co., Ltd. and its subsidiaries is at a moderate level across all three dimensions—Environmental, Social, and Governance. These results underscore the necessity for enhancing ESG practices to strengthen sustainability and improve organizational performance in alignment with future expectations. Furthermore, this study provides insights into ESG best practices that can foster long-term growth, social responsibility, and sustainable business operations within the dietary supplement, health, and beauty product manufacturing sector.</p> Ntapat Worapongpat Copyright (c) 2025 CHIANG MAI UNIVERSITY JOURNAL OF ECONOMICS http://creativecommons.org/licenses/by-nc-nd/4.0 https://so01.tci-thaijo.org/index.php/CMJE/article/view/279192 Fri, 27 Jun 2025 00:00:00 +0700