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Measuring the association of environmental, corporate, financial, and social CSR: evidence from fuzzy TOPSIS nexus in emerging economies.
Environ Sci Pollut Res Int. 2021 Mar; 28(9):10749-10762.ES

Abstract

The purpose of this research is to measure the combing impact of corporate social responsibility on company performance and to conduct a comparative analysis among local and foreign companies in this context. This research aims to conduct an empirical analysis about how corporate social responsibility contributes to company performance. The study utilizes AHP and fuzzy TOPSIS theory to conduct research. The results revealed that environmental corporate social responsibility has a vital role in the development of organizational reputation and employee commitment. It can be observed from the results that the weights of environmental CSR, corporate CSR, financial CSR, and social CSR are 0.30, 0.25, 0.24, and 0.21, respectively. The preference of these four criteria is environmental CSR > corporate CSR > financial CSR > social CSR. The corporate CSR criterion got the maximum weight of 0.30, whereas the social CSR criteria received the lowest weight of 0.21. The financial CSR get weights of criteria 0.25, and the commercial potential obtained 0.24 weights, while the financial CSR got the 2nd highest criteria weight of 0.25, and the social CSR get weights of criteria 0.21 lowest weighted. The research provides valuable information for decision-makers. The study provides a valuable information for policy makers.

Authors+Show Affiliations

Department of Business Administration, Iqra University, Karachi, Pakistan.School of Accounting and Finance, Taylors University, Subang Jaya, Malaysia.School of Tourism, Hospitality and Event Management, Universiti Utara Malaysia, Sintok, Malaysia. raselataul@gmail.com.University of International Business and Economics, Beijing, China. Department of Management Sciences, The Islamia University of Bahawalpur, Bahawalpur, Pakistan.Faculty of Economics and Public Management, Ho Chi Minh City Open University, Ho Chi Minh City, Vietnam.Faculty of Economics and Public Management, Ho Chi Minh City Open University, Ho Chi Minh City, Vietnam.

Pub Type(s)

Journal Article

Language

eng

PubMed ID

33099740

Citation

Kamran, Hafiz Waqas, et al. "Measuring the Association of Environmental, Corporate, Financial, and Social CSR: Evidence From Fuzzy TOPSIS Nexus in Emerging Economies." Environmental Science and Pollution Research International, vol. 28, no. 9, 2021, pp. 10749-10762.
Kamran HW, Pantamee AA, Patwary AK, et al. Measuring the association of environmental, corporate, financial, and social CSR: evidence from fuzzy TOPSIS nexus in emerging economies. Environ Sci Pollut Res Int. 2021;28(9):10749-10762.
Kamran, H. W., Pantamee, A. A., Patwary, A. K., Ghauri, T. A., Long, P. D., & Nga, D. Q. (2021). Measuring the association of environmental, corporate, financial, and social CSR: evidence from fuzzy TOPSIS nexus in emerging economies. Environmental Science and Pollution Research International, 28(9), 10749-10762. https://doi.org/10.1007/s11356-020-11336-4
Kamran HW, et al. Measuring the Association of Environmental, Corporate, Financial, and Social CSR: Evidence From Fuzzy TOPSIS Nexus in Emerging Economies. Environ Sci Pollut Res Int. 2021;28(9):10749-10762. PubMed PMID: 33099740.
* Article titles in AMA citation format should be in sentence-case
TY - JOUR T1 - Measuring the association of environmental, corporate, financial, and social CSR: evidence from fuzzy TOPSIS nexus in emerging economies. AU - Kamran,Hafiz Waqas, AU - Pantamee,Abdurrahman Adamu, AU - Patwary,Ataul Karim, AU - Ghauri,Tauqir Ahmad, AU - Long,Pham Dinh, AU - Nga,Duong Quynh, Y1 - 2020/10/25/ PY - 2020/09/19/received PY - 2020/10/20/accepted PY - 2020/10/26/pubmed PY - 2021/2/20/medline PY - 2020/10/25/entrez KW - AHP and fuzzy TOPSIS KW - CSR KW - Corporate CSR KW - Environmental CSR KW - Financial CSR SP - 10749 EP - 10762 JF - Environmental science and pollution research international JO - Environ Sci Pollut Res Int VL - 28 IS - 9 N2 - The purpose of this research is to measure the combing impact of corporate social responsibility on company performance and to conduct a comparative analysis among local and foreign companies in this context. This research aims to conduct an empirical analysis about how corporate social responsibility contributes to company performance. The study utilizes AHP and fuzzy TOPSIS theory to conduct research. The results revealed that environmental corporate social responsibility has a vital role in the development of organizational reputation and employee commitment. It can be observed from the results that the weights of environmental CSR, corporate CSR, financial CSR, and social CSR are 0.30, 0.25, 0.24, and 0.21, respectively. The preference of these four criteria is environmental CSR > corporate CSR > financial CSR > social CSR. The corporate CSR criterion got the maximum weight of 0.30, whereas the social CSR criteria received the lowest weight of 0.21. The financial CSR get weights of criteria 0.25, and the commercial potential obtained 0.24 weights, while the financial CSR got the 2nd highest criteria weight of 0.25, and the social CSR get weights of criteria 0.21 lowest weighted. The research provides valuable information for decision-makers. The study provides a valuable information for policy makers. SN - 1614-7499 UR - https://www.unboundmedicine.com/medline/citation/33099740/Measuring_the_association_of_environmental_corporate_financial_and_social_CSR:_evidence_from_fuzzy_TOPSIS_nexus_in_emerging_economies_ DB - PRIME DP - Unbound Medicine ER -