Improving corporate sustainable development by using an interdependent closed-loop hierarchical structure

Lei Shi, Kuo-Jui Wu and Ming-Lang Tseng

Resources, Conservation & Recycling, 2017, vol. 119, issue C, 24-35

Abstract: Firms act to reduce environmental impact and contribute to improving the quality of the environment. However, corporate sustainability is lacking with regard to development in practice, and the decision-making process is absent from a hierarchical structure that has complicated interdependent relationships among the attributes. However, the elimination of less important criteria from various measures and the criteria that are encountered remain with respect to both qualitative and quantitative measures. Thus, this study proposes to develop a corporate sustainability model for a focal firm in supply chain networks using the fuzzy Delphi method, interval-valued triangular fuzzy numbers and analytical network process method. The findings are as follows: the firm focused on the environmental operation design aspect, and it ranked five criteria, which included (1) decreasing the generation of toxic and hazardous matter; (2) environmental certificates; (3) service cycle processing time; (4) reducing the service costs, i.e., the service costs as a percentage of the revenue; and (5) the service output per hour/facility utilization. Sensitivity analysis is performed on the coordination of green design in operations and products, which indicated the corporate sustainable development criteria for the next frontier. The implications and conclusions are discussed.

Keywords: Corporate sustainability; Corporate sustainable development; Analytical network process; Fuzzy delphi method; Interval-valued triangular fuzzy numbers; Sensitivity analysis (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:recore:v:119:y:2017:i:c:p:24-35

DOI: 10.1016/j.resconrec.2016.08.014

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