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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
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" }