Relationship Between Socio-Efficiency, Eco-Efficiency, and Financial Performance of European Companies: A Sector Study

Bochra Issa, Sana Ben Abdallah () and Foued Badr Gabsi
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Bochra Issa: Faculty of Economics and Management of Sfax, LED, University of Sfax, Sfax 3018, Tunisia
Sana Ben Abdallah: Faculty of Economics and Management of Sfax, LED, University of Sfax, Sfax 3018, Tunisia
Foued Badr Gabsi: Faculty of Economics and Management of Sfax, LED, University of Sfax, Sfax 3018, Tunisia

JRFM, 2025, vol. 18, issue 4, 1-15

Abstract: This study aims to assess the impact of socio- and eco-efficiency on the financial performance of 180 European companies from 2010 to 2022. Data Envelopment Analysis (DEA) was used to measure the companies’ socio- and eco-efficiency, while their financial performance was assessed using the equitable weighting approach. The analysis revealed a positive relationship between socio-efficiency, eco-efficiency, and financial performance. The findings not only confirm the positive relationship but also provide practical recommendations for integrating sustainability into business strategies without compromising profitability.

Keywords: eco-efficiency; socio-efficiency; financial performance; European companies; DEA; GMM (search for similar items in EconPapers)
JEL-codes: C E F2 F3 G (search for similar items in EconPapers)
Date: 2025
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