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Application of robust control for CSR formalization and stakeholders interest

Author

Listed:
  • Sana Ben Abdallah

    (UMA - Université de la Manouba [Tunisie])

  • Dhafer Saidane

    (SKEMA Business School)

  • Mihaly Petreczky

    (CRIStAL - Centre de Recherche en Informatique, Signal et Automatique de Lille - UMR 9189 - Centrale Lille - Université de Lille - CNRS - Centre National de la Recherche Scientifique)

Abstract

In this paper, we propose a new definition of sustainability that includes dynamics and equity. We propose a theoretical framework that allows finding a fair and sustainable strategy for all stakeholders. More precisely, the framework allows calculating a strategy which ensures that in the long run the interests of all the stakeholders are reconciled. In order to calculate a such a strategy, we model stakeholders and actors as dynamical systems in state-space form. Furthermore, we use robust control and linear matrix inequalities to calculate the desired strategy. We use several simulation scenarios to show the effectiveness of our proposed framework. Response to Reviewers: For a detailed response to reviewer's comments please see the pdf file containing the revised manuscript and our response to reviewers attached to the revised version of our manuscript

Suggested Citation

  • Sana Ben Abdallah & Dhafer Saidane & Mihaly Petreczky, 2023. "Application of robust control for CSR formalization and stakeholders interest," Post-Print hal-03832613, HAL.
  • Handle: RePEc:hal:journl:hal-03832613
    DOI: 10.1007/s10614-022-10286-y
    Note: View the original document on HAL open archive server: https://hal.science/hal-03832613
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    Keywords

    Sustainability; corporate social responsibility; stakeholder theory; control theory; linear matrix inequalities; Pareto-optimality;
    All these keywords.

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