Identifying Key Financial, Environmental, Social, Governance (ESG), Bond, and COVID-19 Factors Affecting Global Shipping Companies—A Hybrid Multiple-Criteria Decision-Making Method
نویسندگان
چکیده
The international shipping industry is the largest transportation system in world. However, stock prices were highly volatile during 2020–2021 COVID-19 pandemic. purpose of this study to identify causal relationships four dimensions (financial performance, bond financing, environmental, social, governance, and COVID-19) 20 criteria affecting sustainability global companies. research scope includes a sample nine listed companies accounting for 49% market share with data collected from 2010 2020. Survey responses 15 investment experts also obtained. We applied hybrid multiple decision-making (MCDM) method integrating Decision-Making Trial Evaluation Laboratory (DEMATEL), analytic network process, modified VlseKriterijumska Optimizacija I Kompromisno techniques be DANP-mV model among criteria, providing ways narrowing performance gaps results indicate that financial main cause ESG practices. practices influence financing. across include earnings per (EPS), yield maturity, corporate social responsibility (CSR), timely delivery. findings suggest may focus on gross profit margin improve EPS, term maturity enhance distancing policy meet delivery, board size (CSR). outcome aids prioritizing their resources investors selecting company stocks response COVID-19.
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ژورنال
عنوان ژورنال: Sustainability
سال: 2022
ISSN: ['2071-1050']
DOI: https://doi.org/10.3390/su14095148