The aim of this research is to use different economic variables to establish whether there are differences in economic performance between companies as a result of their inclusion in the sustainability index. This paper presents a one-dimensional exploratory study which compares the socially...

The aggregation of multiple metrics of corporate social performance (CSP) poses one of the major problems in CSP research. In this paper we propose a new method to compute a composite indicator of CSP from an efficiency perspective using data envelopment analysis (DEA). The new approach makes it...

On August 19, 2019, Business Roundtable announced the new statement on the “Purpose of a corporation” which was highly influenced by the Stakeholder’s theory of Edward Freeman. This new definition of purpose of corporation encompasses not only direct shareholders but everyone in the direct...

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...