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Time-Based Corporate-Social-Responsibility Evaluation Model Taking Chinese Listed Forestry Companies as an Example

Author

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  • Xinfei Li

    (School of Economics and Management, Beijing Forestry University, Beijing 100083, China)

  • Baodong Cheng

    (School of Economics and Management, Beijing Forestry University, Beijing 100083, China)

  • Heng Xu

    (Business School, China University of Political Science and Law, Beijing 100088, China)

Abstract

With the rapid development of the economy, corporate social responsibility (CSR) is receiving increasing attention from companies themselves, but also increasing attention from society as a whole. How to reasonably evaluate the performance of CSR is a current research hotspot. Existing corporate-social-responsibility evaluation methods mostly focus on the static evaluation of enterprises in the industry, and do not take the time factor into account, which cannot reflect the performance of long-term CSR. On this basis, this article proposes a time-based entropy method that can evaluate long-term changes in CSR. Studies have shown that the completion of CSR in a static state does not necessarily reflect the dynamic and increasing trend of CSR in the long term. Therefore, the assessment of CSR should consider both the static and dynamic aspects of a company. In addition, the research provides the focus of different types of forestry enterprises in fulfilling CSR in the long term, and provides a clearer information path for the standard identification and normative constraints of different types of forestry enterprises CSR.

Suggested Citation

  • Xinfei Li & Baodong Cheng & Heng Xu, 2021. "Time-Based Corporate-Social-Responsibility Evaluation Model Taking Chinese Listed Forestry Companies as an Example," Sustainability, MDPI, vol. 13(14), pages 1-14, July.
  • Handle: RePEc:gam:jsusta:v:13:y:2021:i:14:p:7971-:d:595724
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    References listed on IDEAS

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    Cited by:

    1. Grace B. Villamor & Lisa Wallace, 2024. "Corporate social responsibility: Current state and future opportunities in the forest sector," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(4), pages 3194-3209, July.
    2. Ma Ying & Gashaw Awoke Tikuye, 2024. "The Impacts of Technology Innovation on Customer Satisfaction, Employee and Leadership Commitment in CSR Practice," International Journal of Management Science and Business Administration, Inovatus Services Ltd., vol. 10(3), pages 7-27, March.

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