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KOCMANOVÁ, A. DOČEKALOVÁ, M.
Original Title
A Fuzzy-Logic-Based Approach to Qualitative Modelling of ESG Aspects of Corporate Performance
Type
conference paper
Language
English
Original Abstract
The aim of the paper is the proposal of possible utilization of fuzzy logic for evaluation of a complex company performance. Environmental, social and Corporate Governance (ESG) factors increase company's long-term economic performance. Economic performance together with ESG aspects creates complex corporate performance. It seems that classic models are very simplified. There is a need of using rationale, mainly qualitative models together with fuzzy logic. In this paper, authors analyze 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. 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.).
Keywords
qualitative modelling, fuzzy logic, environmental, social, corporate governance, economic performance indicators, complex corporate performance
Key words in English
Authors
KOCMANOVÁ, A.; DOČEKALOVÁ, M.
RIV year
2011
Released
1. 12. 2011
Publisher
association “Naujosios Kartos Mokslo ir Verslo Klasteris“
Location
Vilnius, Litva
ISBN
978-609-95358-0-7
Book
INTERNATIONAL SCIENTIFIC CONFERENCE: NFLUENCE OF THE HUMANITIES AND SOCIAL SCIENCES ON BUSINESS AND SOCIETAL CHANGE
Edition number
1
NEUVEDENO
Pages from
208
Pages to
216
Pages count
9
BibTex
@inproceedings{BUT75794, author="Alena {Kocmanová} and Marie {Pavláková Dočekalová}", title="A Fuzzy-Logic-Based Approach to Qualitative Modelling of ESG Aspects of Corporate Performance", booktitle="INTERNATIONAL SCIENTIFIC CONFERENCE: NFLUENCE OF THE HUMANITIES AND SOCIAL SCIENCES ON BUSINESS AND SOCIETAL CHANGE", year="2011", number="1", pages="208--216", publisher="association “Naujosios Kartos Mokslo ir Verslo Klasteris“", address="Vilnius, Litva", isbn="978-609-95358-0-7" }