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Scientific Article details

Title Evaluation of Corporate Sustainability
ID_Doc 71602
Authors Sureeyatanapas, P; Yang, JB; Bamford, D
Title Evaluation of Corporate Sustainability
Year 2014
Published Frontiers Of Engineering Management, 1.0, 2
DOI 10.15302/J-FEM-2014025
Abstract As a consequence of an increasing demand in sustainable development for business organizations, the evaluation of corporate sustainability has become a topic intensively focused by academic researchers and business practitioners. Several techniques in the context of multiple criteria decision analysis (MCDA) have been suggested to facilitate the evaluation and the analysis of sustainability performance. However, due to the complexity of evaluation, such as a compilation of quantitative and qualitative measures, interrelationships among various sustainability criteria, the assessor's hesitation in scoring, or incomplete information, simple techniques may not be able to generate reliable results which can reflect the overall sustainability performance of a company. This paper proposes a series of mathematical formulations based upon the evidential reasoning (ER) approach which can be used to aggregate results from qualitative judgments with quantitative measurements under various types of complex and uncertain situations. The evaluation of corporate sustainability through the ER model is demonstrated using actual data generated from three sugar manufacturing companies in Thailand. The proposed model facilitates managers in analysing the performance and identifying improvement plans and goals. It also simplifies decision making related to sustainable development initiatives. The model can be generalized to a wider area of performance assessment, as well as to any cases of multiple criteria analysis.
Author Keywords corporate; organization; sustainability; evidential reasoning; evaluation; assessment
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:000409582400008
WoS Category Engineering, Industrial
Research Area Engineering
PDF http://eprints.hud.ac.uk/id/eprint/24401/1/BamfordEvaluation.pdf
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