Publication detail

Fuzzy confrontations of models of ESG investing versus non-ESG investing based on artificial intelligence algorithms

ŠKAPA, S. BOČKOVÁ, N. DOUBRAVSKÝ, K. DOHNAL, M.

Original Title

Fuzzy confrontations of models of ESG investing versus non-ESG investing based on artificial intelligence algorithms

Type

journal article in Web of Science

Language

English

Original Abstract

ESG (Environmental, social, and corporate governance) parameters are involved in investing-related decision-making. DESG (Dominantly ESG) related investing represents a complex tasks studied under severe information shortages. NESG (Non-dominantly ESG) investing either ignores ESG parameters completely or it takes it as less important. ESG investing is partially DESG and partially NESG. A very simple fuzzy reasoning algorithm is used to find out the similarity between DESG and NESG in this paper. A similarity graphs is generated. An edge represents a fuzzy similarity between two nodes / conditional statements. Each statement specifies fuzzy conditions under which some DESG/NESG tools are mutually similar or totally dissimilar. Examples of investing tools are Developed Markets, Emerging Markets Small Caps, Sustainability Index and Environmental Social Governance Index. The following five parameters of investing tools are Risk, Cost, Return, Drop, and Correlation. Low pairwise fuzzy similarities between DESG and NESG are detected.

Keywords

Fuzzy similarity; environmental; social and governance; ESG; sustainable investing; common sense

Authors

ŠKAPA, S.; BOČKOVÁ, N.; DOUBRAVSKÝ, K.; DOHNAL, M.

Released

31. 1. 2022

Publisher

Taylor & Francis

Location

Oxfordshire United Kingdom

ISBN

2043-0809

Periodical

Journal of Sustainable Finance & Investment

Year of study

13

Number

1

State

United Kingdom of Great Britain and Northern Ireland

Pages from

1

Pages to

13

Pages count

13

URL

https://www.tandfonline.com/doi/full/10.1080/20430795.2022.2030666

Full text in the Digital Library

http://hdl.handle.net/11012/203909

BibTex

@article{BUT176284,
  author="Stanislav {Škapa} and Nina {Bočková} and Karel {Doubravský} and Mirko {Dohnal}",
  title="Fuzzy confrontations of models of ESG investing versus non-ESG investing based on artificial intelligence algorithms",
  journal="Journal of Sustainable Finance & Investment",
  year="2022",
  volume="13",
  number="1",
  pages="1--13",
  doi="10.1080/20430795.2022.2030666",
  issn="2043-0809",
  url="https://www.tandfonline.com/doi/full/10.1080/20430795.2022.2030666"
}