Mathematical model for sustainable value added calculation

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F16%3A43909501" target="_blank" >RIV/62156489:43110/16:43909501 - isvavai.cz</a>
Result on the web
<a href="http://mme2016.tul.cz/conferenceproceedings/mme2016_conference_proceedings.pdf" target="_blank" >http://mme2016.tul.cz/conferenceproceedings/mme2016_conference_proceedings.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Mathematical model for sustainable value added calculation
Original language description
Sustainability Value Added (SVA) is an effective method for sustainability assessment. It plays a strategic role in decision making. It encourages the companies to deal with resources more effectively and efficiently. Sustainable Value Added represents the extra value created as a result of using economic, environmental and social resources, compared to a benchmark. It demonstrates the link between the organization's strategy and commitment to a sustainable global economy. This paper aims to propose an improved method of sustainability assessment. It employs important and widely used financial value (e.g EVA) and new data oriented analysis (e.g Data Envelopment Analysis) for evaluating the sustainability of number of producers. This model reflects the specific requirements of the country and industry in which the company operates. This can be implemented by calculating the weights and benchmark values for each sector. The suggested model will be a backbone of WEBRIS - a web information system which is a combination of different information and communication technologies for quick and efficient data aggregation and assessment. Finally, the results visualization will be presented in the case study for breweries sector.
Czech name
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Czech description
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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
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Mathematical Methods in Economics 2016: Conference Proceedings
ISBN
978-80-7494-296-9
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
389-394
Publisher name
Technická univerzita v Liberci
Place of publication
Liberec
Event location
Liberec
Event date
Sep 6, 2016
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000385239500067

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