Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2020.1860797
Chinese liquor company management efficiency from a social responsibility perspective: a two stage dynamic directional distance function
Ying Li
Yung-Ho Chiu
Miao Wu
Yushan Li
Tai-Yu Lin
Sažetak
Because the liquor industry is an important industry in China,
alcohol companies have greater social responsibilities when
upgrading their production processes to improve efficiencies. Two
main data envelopment analysis (DEA) methods have been used
for efficiency analyses: radial models, such as CCR (Charnes,
Cooper, Rhodes) and BCC (Banker, Charnes, Cooper) and nonradial methods such as SBM (slacks-based model); however, both
have disadvantages. The radial DEA model ignores the non-radial
slacks and the non-radial DEA model ignores the characteristics of
the same proportion in the radial DEA model. Therefore, this
research used a dynamic two-stage directional distance function
(DDF) model to analyse the production efficiencies of Chinese
listed liquor companies from 2016 to 2018 by evaluating each
company’s poverty alleviation input efficiencies, business operations efficiencies, and their social responsibility efficiencies, which
was based on their wastewater treatment efficiencies. To overcome the disadvantages in traditional data envelopment models,
the DDF model consisted of both input and output direction vectors, the indicator values for which indicated their relative importance or priorities. The analyses found that the indicator
efficiencies at most liquor companies had declined, with the poverty alleviation indicator efficiencies being generally lower than
the wastewater treatment indicator efficiencies. Several policy and
management recommendations are given to improve the overall
corporate efficiency and social responsibility in the Chinese
liquor industry.
Ključne riječi
Corporate social responsibility; dynamic two stage DDF model; liquor industry
Hrčak ID:
301273
URI
Datum izdavanja:
31.12.2021.
Posjeta: 460 *