Measuring Corporate Social Performance: An Efficiency Perspective

• 成果类型: Article
• 署名作者: Chen, Chien-Ming; Delmas, Magali
• 署名单位: University of California System; University of California Los Angeles; University of California System; University of California Los Angeles
• 刊物名称: PRODUCTION AND OPERATIONS MANAGEMENT
• ISSN/ISSBN: 1059-1478
• DOI: 10.1111/J.1937-5956.2010.01202.x
• 发表日期: 2011
• 页码: 789-804
• 关键词: data envelopment analysis; financial performance; supply-chain; ENVIRONMENTAL PERFORMANCE; INSTITUTIONAL OWNERSHIP; stakeholder management; trade-offs; RESPONSIBILITY; deregulation; governance

摘要

Aggregation of corporate social performance (CSP) metrics poses a major challenge to researchers and practitioners. This study provides a critical evaluation of current aggregation approaches and proposes a new methodology based on data envelopment analysis (DEA) to compute a CSP index. DEA is independent of subjective weight specifications and provides an efficiency index to benchmark the CSP of firms. Using CSP data from 2190 firms in three major industries from the Kinder, Lydenberg, and Domini, Inc. database in 2007, our study presents the first application of the DEA model for CSP and ordinal data and opens up a new path for future empirical CSP research.