Sustainable Corporate Performance Index for Manufacturing Industry

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F14%3APU110851" target="_blank" >RIV/00216305:26510/14:PU110851 - isvavai.cz</a>

Result on the web

—

DOI - Digital Object Identifier

—

Result language

angličtina

Original language name

Sustainable Corporate Performance Index for Manufacturing Industry

Original language description

The article presents a methodological approach consisting in the application of a discriminant analysis in evaluations using financial and non-financial ESG and economic indicators, including the establishment of the The article presents a methodological approach consisting in the application of a discriminant analysis in evaluations using financial and non-financial ESG and economic indicators, including the establishment of the sustainable corporate performance index of Czech companies from the manufacturing industry. The proposed methodology for comprehensive performance evaluation is adjusted to allow for an assessment of financial and non-financial indicators and their weights. It is particularly necessary to focus on such financial and non-financial indicators that provide to some extent information about the potential risk to companies sustainability. This will not only allow for an ex post evaluation of companies, but also of their sustainable development. The aim of this paper is to establish sustainable corporate performance index for Czech companies from the manufacturing industry based on defined financial and non-financial ESG and economic performance indicators. Environmental, social, corporate governance and economic indicators are often characterized by a large number of variables that are partly qualitative in nature and can only be evaluated on the basis of a subjective assessment, which inevitably includes various types of knowledge. The sustainable corporate performance index was determined by means of a discriminant analysis. The use of discriminant analysis to measure the comprehensive performance of the company can also improve the accuracy of qualitative aspects captured in a non-deterministic manner. Indicators selected for discriminatory analysis included those relevant financial indicators that relate to sustainability and non-financial indicators that also meet these conditions for Czech company from the manufacturing industry. The result

Czech name

—

Czech description

—

Type

D - Article in proceedings

CEP classification

—

OECD FORD branch

50602 - Public administration

Project

<a href="/en/project/GA14-23079S" target="_blank" >GA14-23079S: Measuring Corporate Sustainability in Selected Sectors</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year

2014

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Proceedings of the 18th World Multi-Conference on Systemics, Cybernetics and Informatic

ISBN

978-1-941763-09-4

ISSN

—

e-ISSN

—

Number of pages

6

Pages from-to

1-6

Publisher name

International Institute of Informatics and Systemics

Place of publication

Orlando, USA

Event location

Orlando

Event date

Jul 15, 2014

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

—