Applications of MCDM methods in research on corporate sustainability

Chowdhury, P; Paul, SK

Applications of MCDM methods in research on corporate sustainability

Chowdhury, P Paul, SK

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Publisher:: Emerald
Publication Type:: Journal Article
Citation:: Management of Environmental Quality: An International Journal, 2020, 31, (2), pp. 385-405
Issue Date:: 2020-02-11

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Field	Value	Language
dc.contributor.author	Chowdhury, P
dc.contributor.author	Paul, SK
dc.date.accessioned	2020-05-10T03:43:35Z
dc.date.available	2020-05-10T03:43:35Z
dc.date.issued	2020-02-11
dc.identifier.citation	Management of Environmental Quality: An International Journal, 2020, 31, (2), pp. 385-405
dc.identifier.issn	1477-7835
dc.identifier.uri	http://hdl.handle.net/10453/140603
dc.description.abstract	<jats:sec><jats:title content-type="abstract-subheading">Purpose</jats:title><jats:p>Corporate sustainability (CS) is becoming a popular research topic. In recent years, researchers have conducted a significant number of studies in this area. Although a number of those studies have used a variety of multicriteria decision-making (MCDM) methods, to date there is no systematic literature review of this area of research. This paper fulfills this research gap.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Design/methodology/approach</jats:title><jats:p>The authors use a systematic literature review and bibliometric analysis approach to analyze the applications of MCDM methods in research on CS.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Findings</jats:title><jats:p>The authors have observed that both single and integrated MCDM methods have been used in this domain; however, single MCDM methods are dominant. Further, this review shows that most of the integrated methods use only two MCDM methods and that there has been no comparison of results obtained from different MCDM methods. After reviewing these developments and summarizing the findings, the authors propose directions for future research, including investigating and formulating strategies for specific CS initiatives, integrating three or more MCDM methods, integrating MCDM methods with optimization techniques, analyzing results from a small and medium-sized enterprise (SME) perspective, reconsidering the tenets of existing theories via MCDM methods, and comparing the results of studies of CS in different kinds of economies, as well as the results of using different MCDM methods.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Originality/value</jats:title><jats:p>To the best of the authors’ knowledge, this is the first study that has conducted a systematic literature review to analyze applications of MCDM methods to different aspects of corporate sustainability, including enablers of and barriers to CS, the evaluation and design of CS initiatives, system or strategy formulation, and performance evaluation, among others.</jats:p></jats:sec>
dc.language	en
dc.publisher	Emerald
dc.relation.ispartof	Management of Environmental Quality: An International Journal
dc.relation.isbasedon	10.1108/meq-12-2019-0284
dc.rights	info:eu-repo/semantics/closedAccess
dc.subject.classification	Environmental Sciences
dc.title	Applications of MCDM methods in research on corporate sustainability
dc.type	Journal Article
utslib.citation.volume	31
utslib.for	1503 Business and Management
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Faculty of Business/Management Discipline
pubs.organisational-group	/University of Technology Sydney
utslib.copyright.status	closed_access	*
pubs.consider-herdc	true
dc.date.updated	2020-05-10T03:43:31Z
pubs.issue	2
pubs.publication-status	Published
pubs.volume	31
utslib.start-page	385
utslib.citation.issue	2

Abstract:

PurposeCorporate sustainability (CS) is becoming a popular research topic. In recent years, researchers have conducted a significant number of studies in this area. Although a number of those studies have used a variety of multicriteria decision-making (MCDM) methods, to date there is no systematic literature review of this area of research. This paper fulfills this research gap.Design/methodology/approachThe authors use a systematic literature review and bibliometric analysis approach to analyze the applications of MCDM methods in research on CS.FindingsThe authors have observed that both single and integrated MCDM methods have been used in this domain; however, single MCDM methods are dominant. Further, this review shows that most of the integrated methods use only two MCDM methods and that there has been no comparison of results obtained from different MCDM methods. After reviewing these developments and summarizing the findings, the authors propose directions for future research, including investigating and formulating strategies for specific CS initiatives, integrating three or more MCDM methods, integrating MCDM methods with optimization techniques, analyzing results from a small and medium-sized enterprise (SME) perspective, reconsidering the tenets of existing theories via MCDM methods, and comparing the results of studies of CS in different kinds of economies, as well as the results of using different MCDM methods.Originality/valueTo the best of the authors’ knowledge, this is the first study that has conducted a systematic literature review to analyze applications of MCDM methods to different aspects of corporate sustainability, including enablers of and barriers to CS, the evaluation and design of CS initiatives, system or strategy formulation, and performance evaluation, among others.

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http://hdl.handle.net/10453/140603