Publication detail

A Fuzzy-Logic-Based Approach to Qualitative Modelling of ESG Aspects of Corporate Performance

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

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

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

ISBN

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"
}