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A Combined Evaluation Method of Corporate Social Responsibility Based on the Difference and Similarity: A Case Study of Transportation Industry in China

Liang Lv, Lidong Fan Orcid Logo, Bin Meng, Abedin Abedin, Haoyue Feng

Sustainability, Volume: 15, Issue: 6, Start page: 5561

Swansea University Author: Abedin Abedin

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DOI (Published version): 10.3390/su15065561

Abstract

Currently, it is becoming more essential for a company to operate in an economically, socially and environmentally sustainable manner. This study aims to evaluate corporate social responsibility (CSR) in China’s transportation industry by applying indicator weighting approaches. This study evaluated...

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Published in: Sustainability
ISSN: 2071-1050
Published: MDPI AG
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URI: https://cronfa.swan.ac.uk/Record/cronfa64279
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spelling v2 64279 2023-08-31 A Combined Evaluation Method of Corporate Social Responsibility Based on the Difference and Similarity: A Case Study of Transportation Industry in China 4ed8c020eae0c9bec4f5d9495d86d415 Abedin Abedin Abedin Abedin true false 2023-08-31 BAF Currently, it is becoming more essential for a company to operate in an economically, socially and environmentally sustainable manner. This study aims to evaluate corporate social responsibility (CSR) in China’s transportation industry by applying indicator weighting approaches. This study evaluated 68 transportation companies with 82 associated CSR indicators. Firstly, this paper established an indicator system, including seven criteria layers that conform to the characteristics of the Chinese transportation industry. Secondly, by integrating the G1 method, standard deviation method and CRITIC (criteria importance though intercriteria correlation) approach, a combined weighting method, CWMDS (combined weighting method based on the combination of difference and similarity), was constructed, which embodies the two goals of “horizontal similarity and vertical difference”. The experimental results show that CWMDS achieves better results in many aspects. The empirical results show that the air transportation subindustry was the best in CSR performance while the high-speed transportation subindustry was the worst. Finally, this paper put forward some policy suggestions to promote China’s transportation enterprises to fulfill their social responsibility. Journal Article Sustainability 15 6 5561 MDPI AG 2071-1050 CSR; indicator weighting; single weighting methods; combined approaches; transportation industry 0 0 0 0001-01-01 10.3390/su15065561 http://dx.doi.org/10.3390/su15065561 COLLEGE NANME Accounting and Finance COLLEGE CODE BAF Swansea University This research was funded by [Liaodong University Doctoral Research Startup Fund Project] grant number [2021BS003]; [Liaodong University Joint Fund Program] grant number [2021YB001]; [Liaodong University Funded Opening and Bidding Project in 2022] grant number [XCZX20220205]. 2023-09-19T16:02:57.2508400 2023-08-31T19:12:01.6452579 Faculty of Humanities and Social Sciences School of Management - Accounting and Finance Liang Lv 1 Lidong Fan 0000-0003-3464-4181 2 Bin Meng 3 Abedin Abedin 4 Haoyue Feng 5 64279__28554__9d07c285e83243db8ed5921c9f653523.pdf 64279.VOR.pdf 2023-09-18T11:57:26.4001120 Output 1604065 application/pdf Version of Record true © 2023 by the authors. Licensee MDPI, Basel, Switzerland. Distributed under the terms of a Creative Commons Attribution 4.0 License (CC BY 4.0). true eng https://creativecommons.org/licenses/by/4.0/
title A Combined Evaluation Method of Corporate Social Responsibility Based on the Difference and Similarity: A Case Study of Transportation Industry in China
spellingShingle A Combined Evaluation Method of Corporate Social Responsibility Based on the Difference and Similarity: A Case Study of Transportation Industry in China
Abedin Abedin
title_short A Combined Evaluation Method of Corporate Social Responsibility Based on the Difference and Similarity: A Case Study of Transportation Industry in China
title_full A Combined Evaluation Method of Corporate Social Responsibility Based on the Difference and Similarity: A Case Study of Transportation Industry in China
title_fullStr A Combined Evaluation Method of Corporate Social Responsibility Based on the Difference and Similarity: A Case Study of Transportation Industry in China
title_full_unstemmed A Combined Evaluation Method of Corporate Social Responsibility Based on the Difference and Similarity: A Case Study of Transportation Industry in China
title_sort A Combined Evaluation Method of Corporate Social Responsibility Based on the Difference and Similarity: A Case Study of Transportation Industry in China
author_id_str_mv 4ed8c020eae0c9bec4f5d9495d86d415
author_id_fullname_str_mv 4ed8c020eae0c9bec4f5d9495d86d415_***_Abedin Abedin
author Abedin Abedin
author2 Liang Lv
Lidong Fan
Bin Meng
Abedin Abedin
Haoyue Feng
format Journal article
container_title Sustainability
container_volume 15
container_issue 6
container_start_page 5561
institution Swansea University
issn 2071-1050
doi_str_mv 10.3390/su15065561
publisher MDPI AG
college_str Faculty of Humanities and Social Sciences
hierarchytype
hierarchy_top_id facultyofhumanitiesandsocialsciences
hierarchy_top_title Faculty of Humanities and Social Sciences
hierarchy_parent_id facultyofhumanitiesandsocialsciences
hierarchy_parent_title Faculty of Humanities and Social Sciences
department_str School of Management - Accounting and Finance{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}School of Management - Accounting and Finance
url http://dx.doi.org/10.3390/su15065561
document_store_str 1
active_str 0
description Currently, it is becoming more essential for a company to operate in an economically, socially and environmentally sustainable manner. This study aims to evaluate corporate social responsibility (CSR) in China’s transportation industry by applying indicator weighting approaches. This study evaluated 68 transportation companies with 82 associated CSR indicators. Firstly, this paper established an indicator system, including seven criteria layers that conform to the characteristics of the Chinese transportation industry. Secondly, by integrating the G1 method, standard deviation method and CRITIC (criteria importance though intercriteria correlation) approach, a combined weighting method, CWMDS (combined weighting method based on the combination of difference and similarity), was constructed, which embodies the two goals of “horizontal similarity and vertical difference”. The experimental results show that CWMDS achieves better results in many aspects. The empirical results show that the air transportation subindustry was the best in CSR performance while the high-speed transportation subindustry was the worst. Finally, this paper put forward some policy suggestions to promote China’s transportation enterprises to fulfill their social responsibility.
published_date 0001-01-01T16:03:00Z
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score 11.037581

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