Optimization of Corporate Performance Using Data Envelopment Analysis with Maple

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F14%3APU112637" target="_blank" >RIV/00216305:26510/14:PU112637 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.1201/b17488-136" target="_blank" >http://dx.doi.org/10.1201/b17488-136</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1201/b17488-136" target="_blank" >10.1201/b17488-136</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Optimization of Corporate Performance Using Data Envelopment Analysis with Maple

Popis výsledku v původním jazyce

Data envelopment analysis (DEA) gives a very powerful tool to decision makers in an organization. DEA is then a natural choice for an application of operations research or mathematical modelling of an evaluation of corporate performance. This method was initially proposed to evaluate the efficiency. In our paper the level of efficiency represents the level of corporate performance. The efficiency is in our case represented as a share of output in weighted sum of inputs. In other words, it represents a certain degree to which desirable outputs can off set environmental, social and corporate governance (ESG) indicators. Hence we have to consider appropriate inputs (data for calculation of ESG key performance indicators) and three outputs (complex environmental, social and corporate governance indicator). In the next stage, the fourth inputs (the chosen economic indicators) are added. Their impacts on the changing of efficiency score is under consideration with regression analysis, which is done by Maple. At the same time, we have observed a possible connection between the achieved efficiency score and corporate sustainability. In addition to efficiency score DEA method provides weights of particular inputs and outputs. These weights are used to ?nd those contributions of particular criteria to the achieved score. This enables us to determine the strong and weak points of the organization.

Název v anglickém jazyce

Optimization of Corporate Performance Using Data Envelopment Analysis with Maple

Popis výsledku anglicky

Data envelopment analysis (DEA) gives a very powerful tool to decision makers in an organization. DEA is then a natural choice for an application of operations research or mathematical modelling of an evaluation of corporate performance. This method was initially proposed to evaluate the efficiency. In our paper the level of efficiency represents the level of corporate performance. The efficiency is in our case represented as a share of output in weighted sum of inputs. In other words, it represents a certain degree to which desirable outputs can off set environmental, social and corporate governance (ESG) indicators. Hence we have to consider appropriate inputs (data for calculation of ESG key performance indicators) and three outputs (complex environmental, social and corporate governance indicator). In the next stage, the fourth inputs (the chosen economic indicators) are added. Their impacts on the changing of efficiency score is under consideration with regression analysis, which is done by Maple. At the same time, we have observed a possible connection between the achieved efficiency score and corporate sustainability. In addition to efficiency score DEA method provides weights of particular inputs and outputs. These weights are used to ?nd those contributions of particular criteria to the achieved score. This enables us to determine the strong and weak points of the organization.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50602 - Public administration

Projekt

<a href="/cs/project/GA14-23079S" target="_blank" >GA14-23079S: Měření podnikové udržitelosti ve vybraných odvětvích</a><br>

Návaznosti

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

Rok uplatnění

2014

Kód důvěrnosti údajů

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

Název statě ve sborníku

Engineering Optimization 2014

ISBN

978-1-315-73210-7

ISSN

—

e-ISSN

—

Počet stran výsledku

5

Strana od-do

763-767

Název nakladatele

CRC Press 2014, Taylor&Francis Group, London

Místo vydání

London

Místo konání akce

Lisabon

Datum konání akce

8. 9. 2014

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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