Can anyone provide me the methods of financial and economic quantitative methods (ratios) or (factors) to measure social responsibility or social behavior?
Dear Faris,
You can used scoring (Behavior, economics, government, environment ...)
But this topics Correspond a my proposal
Thank you Dr.Soufiene Assidi about your comment , yes I will search about these variables
Best Regards,.
Good day Faris,
My recommendation would be to start gathering data regarding ESG. There are ESG standards, both present and being developed. I would gather additional information pertaining to best practices for ESG. There are also developments in benchmarked indices for publicly held companies pertaining to ESG. Start with ESG and then you will be able to develop further detail pertaining to each of the three factors in ESG. I look forward to your follow up question further down the road post-ESG. Have a great week ahead. Cheers
Dear Daniel G. Bauer
Thank you for your advice I will look about these data ,
Best Regards,
You can use the following proposed measures
1- The changes in the employment for the company
2- Corporate governor index
3- ISO 14000 certificates for the companies (Dummy variables, 1 for the period after receiving the ISO 14000 and 0 OW)
4- Company donations for the social event and for the society
Good luck
A
Dear Dr.Ahmed A.A. Khalifa
Thanks so much , really , may be a good quantitative methods to used , thank you again .
Best Regards,
Dear Farris
It will be a great contribution if you can construct an index for social responsibility using several indicators with different weights. In such this case, you need to go the steps of making an index of qualitative variables. It might be hard at the beginning , but it open the market in front of you
Good luck
Ahmed
Dear Dr. Ahmed A.A. Khalifa
Yes , I think it is hard work for measure theses variables , but I will try , really thank you for your cooperation and for excellent ides .
Best Regards,
CSR performance data may be derived from Thomson Reuters’ Asset4 dataset. Asset4 is extensively used within the investment community to analyse firm-level performance on environmental, social, and governance matters for listed firms. The data is constructed from publically available primary data, is sourced from the company, and verified for quality and accuracy through extensive use of stock exchange filings, media reports, and other publicly available sources. That noted, you would need to be able to finance a subscription to the data service.
You can construct an index from the Asset4 data by summing the binary (0 or 1) scores associated with each company's responses to the series of questions associated with the aspect of CSR that you are assessing, and then dividing by the total no. of questions related to that area in the Asset4 database. This allows development of an index for each company over time (e.g., 2002 to 2013).
Dear Faris,
It is not clear to me what you want to use this for, but be carefull about the data-quality - also in the ESG indexes as mentioned by some of the other contributors to this dialogue. The data is often non-comparable - both between companies - but also simply against the same company's financial data, as the ESG data often use other boundaries/scoping and consolidates the data completely different from how the financial data is consolidated (operational vs financial boundaries).
Unhumbly, may I refer you to my book on this topic? https://www.routledge.com/products/9781138015845
The book also includes a chapter of how one could try to quantify and add up CSR data into something that is useful for investors. Just be aware, that the base data still often is of very bad quality, wherefore your analysis may not be very useful.
Hi,
I think that you'll find the following article interesting for your research.
BR
Elli
http://raw.rutgers.edu/docs/intangibles/Papers/IS%20DOING%20GOOD%20GOOD%20FOR%20YOU.pdf
Article Is Doing Good Good for You? How Corporate Charitable Contrib...
Hello, you can use such methods as SROI (Social Return on Investment) or CVM (Contingent Valuation Method). Both of them we should adopt to use in your case. If you would like more information or help in your research please send me private message.
Igor
Dear My friends Elli Malki , Igor Perechuda and Malihe Rostami
Thank you for all , really these contributions are very useful , thank you again
Best Regards,
- Badges
- Science topic
- Similar topics
- Computer Science
- Computer Communications (Networks)
- Internet