Applied Mathematics and Nonlinear Sciences
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Journal

Applied Mathematics and Nonlinear Sciences


Volume
& Issue

Volume 8, Issue 2


Published
on

October 25, 2023


Pages


DOI

Article

Research on the balance between corporate social responsibility and economic benefits based on multi-objective planning

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Authors

Xin Chen Affiliation:
School of Accounting, Harbin University of Commerce, Harbin, Heilongjiang, 150028, China.


Abstract

This paper first introduces the relationship hypothesis between CSR and economic benefits and provides a mathematical model. Secondly, an index evaluation system is constructed based on CSR explanatory variables, and the constraints setting and index weights are calculated using multi-objective planning and ANP. Ultimately, an example analysis of CSR and economic benefits was carried out using data from companies listed on the A-share market. The results show that the minimum value of ROA is -0.015, the maximum value is 8.248, and the weight of creditors’ indicators is 0.2317. To balance CSR and economic benefits, creditors must change their mindset and improve their economic investment to promote CSR implementation.


Keywords

Corporate social responsibility, Economic efficiency, Multi-objective planning, ANP method, Constraints, 97P70


Citation

Chen, X. (2023). Research on the balance between corporate social responsibility and economic benefits based on multi-objective planning. Applied Mathematics and Nonlinear Sciences, 8(2). https://doi.org/10.2478/amns.2023.2.00818
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