Detail publikace

Evaluation of the Effectiveness of Manufacturing Companies by Financial and Non-financial Indicators

PAVLÁKOVÁ DOČEKALOVÁ, M. KOCMANOVÁ, A.

Originální název

Evaluation of the Effectiveness of Manufacturing Companies by Financial and Non-financial Indicators

Typ

článek ve sborníku ve WoS nebo Scopus

Jazyk

angličtina

Originální abstrakt

The purpose of this paper is to present a model for evaluation of effectiveness of manufacturing companies by financial and non-financial indicators in relation to corporate sustainability. Sustainability is a multidimensional concept based on a balance of environmental, social and economic pillars. It is difficult to evaluate it because it is expressed by many variables which most of them are non-financial ones. Data envelopment analysis is based on assessing the quantity of consumed inputs by the produced outputs and estimation of production possibility frontier; it computes a scalar measure of efficiency and determines potential improvements of inputs and outputs without requiring explicit specification of functional relations between inputs and outputs and setting weights of variables. Based on the computation of the CCR super efficiency DEA model the companies are divided into four groups: sustainable, pro-social, pro-environmental and unsustainable companies. The model outputs allow users to identify the position of a particular company and to reveal weaknesses in the effectiveness of a company, thus the model can serve its users as a basis for decision-making and performance management. The graphic presentation of the results makes the model outputs clear and easy to understand.

Klíčová slova

Corporate sustainability; Non-financial indicators; Effectiveness; Triple-bottom line; Data envelopment analysis

Autoři

PAVLÁKOVÁ DOČEKALOVÁ, M.; KOCMANOVÁ, A.

Rok RIV

2015

Vydáno

10. 12. 2015

Nakladatel

Elsevier

ISSN

1877-0428

Periodikum

Procedia Social and Behavioral Sciences

Ročník

213

Číslo

1

Stát

Nizozemsko

Strany od

491

Strany do

496

Strany počet

6

URL

https://www.sciencedirect.com/science/article/pii/S1877042815057948

Plný text v Digitální knihovně

http://hdl.handle.net/11012/194772

BibTex

@inproceedings{BUT121067,
  author="Marie {Pavláková Dočekalová} and Alena {Kocmanová}",
  title="Evaluation of the Effectiveness of Manufacturing Companies by Financial and Non-financial Indicators",
  booktitle="Procedia - Social and Behavioral Sciences",
  year="2015",
  series="213",
  journal="Procedia Social and Behavioral Sciences",
  volume="213",
  number="1",
  pages="491--496",
  publisher="Elsevier",
  doi="10.1016/j.sbspro.2015.11.439",
  issn="1877-0428",
  url="https://www.sciencedirect.com/science/article/pii/S1877042815057948"
}