Corporate sustainability performance measurement based on a new multicriteria sorting method

Küçükbay, Füsun; Sürücü, Ebru

doi:10.1002/csr.1711

Cited by 30 publications

(22 citation statements)

References 79 publications

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“…Despite the increased awareness of corporate sustainable development, questions remain on how to measure the corporate business performance due to sustainable development, especially the CFP. As an example, Küçükbay and Sürücü () proposed a new method for corporate business performance measurement, which incorporates four economic and financial subcriteria, two environmental subcriteria, and four social subcriteria. In this section, we are narrowing down to the financial aspect of corporate business performance presented by special system/set of indicators.…”

Section: Literature Reviewmentioning

confidence: 99%

Corporate financial performance due to sustainable development in Vietnam

Tien

Anh

Ngọc

2019

Corp Soc Responsibility Env

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Social responsibility and environmental sustainability issues began to be paid attention in Vietnam due to the impressive economic development in recent years. However, corporate social responsibility (CSR) is still quite a new management concept, especially for small and medium enterprises. Managers are facing multiple obstacles in executing CSR programs in accordance with international standards. Regarding corporate environmental sustainability (CES), the idea of sustainable development is a rising trend in today's business reality. Essentially, CSR is regarded as a part of the overall sustainability issues. For the purpose of studying the impact of CSR and CES on corporate financial performance (CFP), quantitative method has been used to examine the relation between CSR and CFP. Qualitative method has been applied to verify the relation between CSR, CES, and CFP. On the basis of findings, several useful suggestions are made for managers to improve business performance and sustainable development in Vietnam.

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Section: Literature Reviewmentioning

confidence: 99%

Corporate financial performance due to sustainable development in Vietnam

Tien

Anh

Ngọc

2019

Corp Soc Responsibility Env

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“…Other models are based on the use of optimization techniques, such as Goal Programming (Zhu et al, 2018;García-Martínez et al, 2019;Garcia et al, 2016), Compromise Programming (Diaz-Balteiro et al, 2011), and MOORA (Multi-Objective Optimization on the Basis of Ratio Analysis) (Küçükbay and Sürücü, 2019). In the study by Venturelli et al (2017), an Artificial Intelligence technique was applied.…”

Section: Single Methodsmentioning

confidence: 99%

“…The multicriteria method MAUT (Multi-Attribute Utility Theory) was used in Wang and Lin (2007) in the development of a sustainability index for companies and the criteria were evaluated based on secondary sources. Nara et al (2019) Other models are based on the use of optimization techniques, such as Goal Programming (Zhu et al, 2018;García-Martínez et al, 2019;Garcia et al, 2016), Compromise Programming (Diaz-Balteiro et al, 2011, and MOORA (Multi-Objective Optimization on the Basis of Ratio Analysis) (Küçükbay and Sürücü, 2019). In the study by Venturelli et al (2017), an Artificial Intelligence technique was applied.…”

Section: Single Methodsmentioning

confidence: 99%

A multicriteria model for assessing corporate sustainability in the construction industry

Prs¹,

Schramm²,

Vb³

2021

Preprint

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The construction industry is one of the most critical activities for the sustainable development of a country, generating positive and negative economic, social and environmental impacts. These aspects can be measured by Sustainability Indicators and Indices, which are useful tools for society, investors and the government in decision-making, especially when purchasing products and services, as they quantify information about a phenomenon in a given dimension of sustainability. Therefore, the objective of this study is to propose a model for assessing the sustainability of civil construction companies, considering economic, social, environmental and corporate governance criteria. These criteria are aggregated into a single index using the PROMETHEE II multicriteria method, which allows to avoid the compensation effect caused by the aggregation operators based on the additive model. The model was used to evaluate four Brazilian construction companies: Alpha, Beta, Delta and Gamma. The data of these companies were collected in a database of the Brazilian Chamber of the Construction Industry and in the sustainability`s reports published by them. We concluded that the companies Alpha and Gamma, followed by the company Beta presented the best performances in corporate sustainability, while the construction company Delta has the worst level of corporate sustainability.

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“…The notion of sustainability addresses the protection and preservation of society and the environment for the next generation [80][81][82][83][84], together with attempting to satisfy the intensification of market capitalization goals. Low-carbon breakthroughs can be harnessed by companies of different sizes that may have distinct reasons for carrying out sustainable strategies or processes.…”

Section: Environmental Management Systemsmentioning

confidence: 99%

Sustainability Management and Performance in the Urban Corporate Economy: A Systematic Literature Review

et al. 2020

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In this article, we cumulate previous research findings indicating that organizations advance to superior phases of environmental management development in order to attain corporate sustainability by the use of participative decision-making. We contribute to the literature on corporate sustainability management and performance by showing that the correlation between sustainable development governance, organizational knowledge, sustainable organizational development, and corporate sustainability, which shapes corporate environmental and sustainability management. Throughout June 2020, we conducted a quantitative literature review of ProQuest, Scopus, and the Web of Science databases, with search terms including “corporate sustainability”, “corporate sustainability management”, “corporate sustainability performance”, “sustainability reporting”, “sustainable supply chain management”, “sustainable corporate development”, and “environmental management systems”. As we inspected research published exclusively in the past two years, only 338 articles met the eligibility criteria. By eliminating the findings that were questionable, unsubstantiated by replication, or too general, and due to space limitations, we selected 93, mainly empirical, sources. Future research should investigate whether corporate governance systems, through organizational sustainability practices and performance reporting, can shape operational environmental sustainability and sustainable organizational culture.

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Corporate sustainability performance measurement based on a new multicriteria sorting method

Cited by 30 publications

References 79 publications

Corporate financial performance due to sustainable development in Vietnam

Corporate financial performance due to sustainable development in Vietnam

A multicriteria model for assessing corporate sustainability in the construction industry

Sustainability Management and Performance in the Urban Corporate Economy: A Systematic Literature Review

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