{"id":"https://openalex.org/W7164822756","doi":"https://doi.org/10.1145/3816713.3818223","title":"Analyzing ESG Cluster Characteristics of Thai Equity Market Sectors using Unsupervised Machine Learning","display_name":"Analyzing ESG Cluster Characteristics of Thai Equity Market Sectors using Unsupervised Machine Learning","publication_year":2026,"publication_date":"2026-06-15","ids":{"openalex":"https://openalex.org/W7164822756","doi":"https://doi.org/10.1145/3816713.3818223"},"language":null,"primary_location":{"id":"doi:10.1145/3816713.3818223","is_oa":true,"landing_page_url":"https://doi.org/10.1145/3816713.3818223","pdf_url":null,"source":null,"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 14th International Conference on Advances in Information Technology","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://doi.org/10.1145/3816713.3818223","any_repository_has_fulltext":null},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5138633397","display_name":"Paweenuch Tanapornwattana","orcid":"https://orcid.org/0009-0008-9676-1985"},"institutions":[{"id":"https://openalex.org/I60837268","display_name":"King Mongkut's University of Technology Thonburi","ror":"https://ror.org/0057ax056","country_code":"TH","type":"education","lineage":["https://openalex.org/I60837268"]}],"countries":["TH"],"is_corresponding":false,"raw_author_name":"Paweenuch Tanapornwattana","raw_affiliation_strings":["School of Information Technology, KMUTT, Thungkru, Bangkok, Thailand"],"raw_orcid":"https://orcid.org/0009-0008-9676-1985","affiliations":[{"raw_affiliation_string":"School of Information Technology, KMUTT, Thungkru, Bangkok, Thailand","institution_ids":["https://openalex.org/I60837268"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5061816156","display_name":"Bunthit Watanapa","orcid":"https://orcid.org/0000-0002-2086-3706"},"institutions":[{"id":"https://openalex.org/I60837268","display_name":"King Mongkut's University of Technology Thonburi","ror":"https://ror.org/0057ax056","country_code":"TH","type":"education","lineage":["https://openalex.org/I60837268"]}],"countries":["TH"],"is_corresponding":false,"raw_author_name":"Bunthit Watanapa","raw_affiliation_strings":["School of Information Technology, KMUTT, Thungkru, Bangkok, Thailand"],"raw_orcid":"https://orcid.org/0000-0002-2086-3706","affiliations":[{"raw_affiliation_string":"School of Information Technology, KMUTT, Thungkru, Bangkok, Thailand","institution_ids":["https://openalex.org/I60837268"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5086642517","display_name":"Chakarida Nukoolkit","orcid":null},"institutions":[{"id":"https://openalex.org/I60837268","display_name":"King Mongkut's University of Technology Thonburi","ror":"https://ror.org/0057ax056","country_code":"TH","type":"education","lineage":["https://openalex.org/I60837268"]}],"countries":["TH"],"is_corresponding":false,"raw_author_name":"Chakarida Nukoolkit","raw_affiliation_strings":["School of Information Technology, KMUTT, Thungkru, Bangkok, Thailand"],"raw_orcid":"https://orcid.org/0009-0004-6409-1359","affiliations":[{"raw_affiliation_string":"School of Information Technology, KMUTT, Thungkru, Bangkok, Thailand","institution_ids":["https://openalex.org/I60837268"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I60837268"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.87356799,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":"1","last_page":"10"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10115","display_name":"Corporate Social Responsibility Reporting","score":0.36570000648498535,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10115","display_name":"Corporate Social Responsibility Reporting","score":0.36570000648498535,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13146","display_name":"Sustainable Finance and Green Bonds","score":0.07450000196695328,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11653","display_name":"Financial Distress and Bankruptcy Prediction","score":0.03849999979138374,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/cluster-analysis","display_name":"Cluster analysis","score":0.6915000081062317},{"id":"https://openalex.org/keywords/corporate-governance","display_name":"Corporate governance","score":0.6367999911308289},{"id":"https://openalex.org/keywords/unsupervised-learning","display_name":"Unsupervised learning","score":0.508400022983551},{"id":"https://openalex.org/keywords/context","display_name":"Context (archaeology)","score":0.48649999499320984},{"id":"https://openalex.org/keywords/stock-exchange","display_name":"Stock exchange","score":0.4756999909877777},{"id":"https://openalex.org/keywords/dimensionality-reduction","display_name":"Dimensionality reduction","score":0.4722999930381775},{"id":"https://openalex.org/keywords/equity","display_name":"Equity (law)","score":0.4007999897003174},{"id":"https://openalex.org/keywords/sustainability","display_name":"Sustainability","score":0.36550000309944153}],"concepts":[{"id":"https://openalex.org/C73555534","wikidata":"https://www.wikidata.org/wiki/Q622825","display_name":"Cluster analysis","level":2,"score":0.6915000081062317},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.6367999911308289},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5174999833106995},{"id":"https://openalex.org/C8038995","wikidata":"https://www.wikidata.org/wiki/Q1152135","display_name":"Unsupervised learning","level":2,"score":0.508400022983551},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.48649999499320984},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.4756999909877777},{"id":"https://openalex.org/C70518039","wikidata":"https://www.wikidata.org/wiki/Q16000077","display_name":"Dimensionality reduction","level":2,"score":0.4722999930381775},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.44749999046325684},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.44020000100135803},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.4007999897003174},{"id":"https://openalex.org/C66204764","wikidata":"https://www.wikidata.org/wiki/Q219416","display_name":"Sustainability","level":2,"score":0.36550000309944153},{"id":"https://openalex.org/C27438332","wikidata":"https://www.wikidata.org/wiki/Q2873","display_name":"Principal component analysis","level":2,"score":0.36419999599456787},{"id":"https://openalex.org/C14391329","wikidata":"https://www.wikidata.org/wiki/Q745456","display_name":"Business cluster","level":3,"score":0.33820000290870667},{"id":"https://openalex.org/C2780233690","wikidata":"https://www.wikidata.org/wiki/Q535347","display_name":"Transparency (behavior)","level":2,"score":0.32429999113082886},{"id":"https://openalex.org/C141261163","wikidata":"https://www.wikidata.org/wiki/Q218600","display_name":"Corporate social responsibility","level":2,"score":0.3215000033378601},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.30309998989105225},{"id":"https://openalex.org/C2776667712","wikidata":"https://www.wikidata.org/wiki/Q5172498","display_name":"Corporate sustainability","level":3,"score":0.29750001430511475},{"id":"https://openalex.org/C164866538","wikidata":"https://www.wikidata.org/wiki/Q367351","display_name":"Cluster (spacecraft)","level":2,"score":0.28850001096725464},{"id":"https://openalex.org/C58489278","wikidata":"https://www.wikidata.org/wiki/Q1172284","display_name":"Data set","level":2,"score":0.28780001401901245},{"id":"https://openalex.org/C177264268","wikidata":"https://www.wikidata.org/wiki/Q1514741","display_name":"Set (abstract data type)","level":2,"score":0.2856999933719635},{"id":"https://openalex.org/C75684735","wikidata":"https://www.wikidata.org/wiki/Q858810","display_name":"Big data","level":2,"score":0.2703000009059906},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.26930001378059387},{"id":"https://openalex.org/C552854447","wikidata":"https://www.wikidata.org/wiki/Q131201","display_name":"Sustainable development","level":2,"score":0.26409998536109924},{"id":"https://openalex.org/C56739046","wikidata":"https://www.wikidata.org/wiki/Q192060","display_name":"Knowledge management","level":1,"score":0.2597000002861023},{"id":"https://openalex.org/C124101348","wikidata":"https://www.wikidata.org/wiki/Q172491","display_name":"Data mining","level":1,"score":0.2563000023365021},{"id":"https://openalex.org/C92835128","wikidata":"https://www.wikidata.org/wiki/Q1277447","display_name":"Hierarchical clustering","level":3,"score":0.25619998574256897}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1145/3816713.3818223","is_oa":true,"landing_page_url":"https://doi.org/10.1145/3816713.3818223","pdf_url":null,"source":null,"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 14th International Conference on Advances in Information Technology","raw_type":"proceedings-article"}],"best_oa_location":{"id":"doi:10.1145/3816713.3818223","is_oa":true,"landing_page_url":"https://doi.org/10.1145/3816713.3818223","pdf_url":null,"source":null,"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 14th International Conference on Advances in Information Technology","raw_type":"proceedings-article"},"sustainable_development_goals":[{"display_name":"Responsible consumption and production","score":0.4375639259815216,"id":"https://metadata.un.org/sdg/12"}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":9,"referenced_works":["https://openalex.org/W4389862110","https://openalex.org/W4392853473","https://openalex.org/W4393275980","https://openalex.org/W4403293945","https://openalex.org/W4405490206","https://openalex.org/W4406916361","https://openalex.org/W4408028241","https://openalex.org/W4414096282","https://openalex.org/W6923686054"],"related_works":[],"abstract_inverted_index":{"This":[0,150],"study":[1,66,151],"presents":[2],"the":[3,14,26,34,83,126,135,141,145,158,169,178],"application":[4],"of":[5,22,29,70,144,180],"unsupervised":[6,154],"machine":[7,155],"learning":[8,156],"techniques":[9],"to":[10,55,131,176],"analyze":[11],"and":[12,17,54,73,110,117,140,172],"cluster":[13],"Environmental,":[15],"Social,":[16],"Governance":[18],"(ESG)":[19],"performance":[20],"characteristics":[21,143],"companies":[23,57,84,146],"listed":[24],"on":[25,59,104],"Stock":[27],"Exchange":[28],"Thailand":[30],"(SET)":[31],"that":[32,82,153],"received":[33],"2024":[35],"SET":[36,136],"ESG":[37,63,107,137,165],"Ratings.":[38],"The":[39,65,79],"methodology":[40],"employs":[41],"Principal":[42],"Component":[43],"Analysis":[44],"(PCA)":[45],"in":[46,61,97,106,121,147],"conjunction":[47],"with":[48,134],"K-Means":[49,159],"Clustering":[50],"for":[51],"dimensionality":[52],"reduction":[53],"group":[56,95,102,113],"based":[58],"similarities":[60],"their":[62],"attributes.":[64],"analyzed":[67],"data":[68,108],"consisting":[69],"environmental,":[71],"social,":[72],"governance":[74,118],"indicators":[75],"from":[76],"186":[77],"companies.":[78],"results":[80,128],"indicate":[81],"can":[85,161,173],"be":[86,132,174],"categorized":[87],"into":[88],"three":[89],"distinct":[90],"primary":[91],"groups:":[92],"1)":[93],"A":[94,101,112],"excelling":[96],"environmental":[98],"performance;":[99],"2)":[100],"focused":[103],"transparency":[105],"disclosure;":[109],"3)":[111],"distinguished":[114],"by":[115],"social":[116],"performance,":[119],"particularly":[120],"internal":[122],"organizational":[123,164],"management.":[124],"Furthermore,":[125],"clustering":[127],"were":[129],"found":[130],"consistent":[133],"Ratings":[138],"levels":[139],"industry":[142],"each":[148],"group.":[149],"demonstrates":[152],"using":[157],"algorithm":[160],"effectively":[162],"explain":[163],"operation":[166],"patterns":[167],"within":[168],"Thai":[170],"context":[171],"utilized":[175],"support":[177],"development":[179],"long-term":[181],"corporate":[182],"sustainability":[183],"strategies.":[184]},"counts_by_year":[],"updated_date":"2026-06-26T08:34:08.712188","created_date":"2026-06-16T00:00:00"}