The Influences of CSR’s Multi-Dimensional Characteristics on Firm Value Determination by a Fusion Approach

Autor: Shih-Han Chen, Jau-Yang Liu, Kuang-Hua Hu, Fu-Hsiang Chen, Sin-Jin Lin
Jazyk: angličtina
Rok vydání: 2018
Předmět:
Value (ethics)
Knowledge management
media_common.quotation_subject
Geography
Planning and Development
lcsh:TJ807-830
lcsh:Renewable energy sources
02 engineering and technology
Management
Monitoring
Policy and Law
decision making
0502 economics and business
0202 electrical engineering
electronic engineering
information engineering
Learning theory
Dimension (data warehouse)
Proxy (statistics)
lcsh:Environmental sciences
media_common
Sustainable development
lcsh:GE1-350
corporate social responsibility
Renewable Energy
Sustainability and the Environment
business.industry
lcsh:Environmental effects of industries and plants
05 social sciences
Enterprise value
artificial intelligence
lcsh:TD194-195
Corporate social responsibility
020201 artificial intelligence & image processing
business
firm value
050203 business & management
Reputation
Zdroj: Sustainability, Vol 10, Iss 11, p 3872 (2018)
Sustainability
Volume 10
Issue 11
ISSN: 2071-1050
Popis: Corporate social responsibility (CSR) implementation has been widely acknowledged as playing a key part in enhancing firm value as well as achieving sustainable development. However, up to now the extant works in the literature have yielded non-conclusive results regarding the relationships between CSR and firm value. One of the possible reasons is that the studies ignore the multi-dimensional characteristics of CSR&mdash
that is, they merely utilize a singular synthesized indicator as a proxy to represent the corporate&rsquo
s CSR performance as being unreliable and problematic. Thus, this study breaks down CSR into numerous dimensions and further examines each dimension&rsquo
s impact on firm value. By doing so, managers can allocate their firm&rsquo
s valuable resources to suitable areas so as to increase its reputation and value. In addition, this research sets up an artificial intelligence (AI)-based fusion model, grounded by fusion learning theory that aims at complementing the error made by a singular model, to examine the relationship between CSR&rsquo
s multidimensional characteristics and firm value. Through different combinations of adopted strategies, users can realize the most representative features from an over-abundant database.
Databáze: OpenAIRE
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