Publication detail

The use of Theoretical Modelling of the Environmental, Social and Corporate Governance (ESG) Performance Indicators

KOCMANOVÁ, A. NĚMEČEK, P.

Original Title

The use of Theoretical Modelling of the Environmental, Social and Corporate Governance (ESG) Performance Indicators

Type

journal article - other

Language

English

Original Abstract

In her paper, the author analyzes the use of theoretical modelling of the environmental, social and corporate governance (ESG) performance indicators. Economic, environmental, social and governance factors form the core business strategy, as part of its daily operations, the challenge to succeed, defense against the threat, the incentive opportunities. Very important is their connection with the company performance assessment based on an evaluation (measurement) of a company complex performance, determined by these factors. Using advanced quantitative methods (optimization/stochastic/dynamic, etc.) in a measurement of complex company performance can be refined on qualitative aspects by capturing them with non-deterministic methods (uncertainty/data mining/imprecision/fuzzy logic, etc.). The aim of the papers is the proposal theoretic possibility utilization fuzzy logic for evaluation (measurement) of a complex company performance. This shows that classic models are very simplified, this due to the need of using rationale, mainly qualitative models together with fuzzy logic.

Keywords

qualitative modelling, fuzzy logic, environmental, social, corporate governance, economic performance indicators.

Authors

KOCMANOVÁ, A.; NĚMEČEK, P.

RIV year

2011

Released

16. 11. 2011

Publisher

MYKOLAS ROMERIS UNIVERSITY Vilnius

Location

Vilnius, Litevská republika

ISBN

2029-8501

Periodical

International Scientific Conference “Whither Our Economies

Year of study

1

Number

1

State

Republic of Lithuania

Pages from

54

Pages to

64

Pages count

10

BibTex

@article{BUT88831,
  author="Alena {Kocmanová} and Petr {Němeček}",
  title="The use of Theoretical Modelling of the Environmental, Social and Corporate Governance (ESG) Performance Indicators",
  journal="International Scientific Conference “Whither Our Economies",
  year="2011",
  volume="1",
  number="1",
  pages="54--64",
  issn="2029-8501"
}