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Exploring the Influence of corporate social responsibility on efficiency : An extended dynamic data envelopment analysis of the global airline industry

Corporate social responsibility (CSR) has received significant attention from practitioners, encouraging companies to consider it as a business model for their sustainable development. This study examines the effect of CSR on the dynamic efficiency of the global airline industry from 2013 to 2017. T...

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Main Authors: Kao, Fangchen, Ting, Irene Wei Kiong, Chou, Hanchung, Liu, Yisung
Format: Article
Language:English
Published: MDPI 2022
Subjects:
HD28 Management. Industrial Management
T Technology (General)
Online Access:http://umpir.ump.edu.my/id/eprint/37415/1/Exploring%20the%20influence%20of%20corporate%20social%20responsibility%20on%20efficiency_An%20extended%20dynamic%20data%20envelopment%20analysis.pdf
http://umpir.ump.edu.my/id/eprint/37415/
https://doi.org/10.3390/su141912712
https://doi.org/10.3390/su141912712
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id my.ump.umpir.37415
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spelling my.ump.umpir.374152023-08-16T07:27:11Z http://umpir.ump.edu.my/id/eprint/37415/ Exploring the Influence of corporate social responsibility on efficiency : An extended dynamic data envelopment analysis of the global airline industry Kao, Fangchen Ting, Irene Wei Kiong Chou, Hanchung Liu, Yisung HD28 Management. Industrial Management T Technology (General) Corporate social responsibility (CSR) has received significant attention from practitioners, encouraging companies to consider it as a business model for their sustainable development. This study examines the effect of CSR on the dynamic efficiency of the global airline industry from 2013 to 2017. The study integrates DuPont and two-stage network data envelopment analyses to evaluate global airline efficiency and its relationship with CSR. Multiple proxies are used to establish a performance evaluation method and analyze the performance of global airlines from the perspectives of their financial structure, production performance and CSR. The study examines the influence of CSR to global airlines’ production efficiency and CSR is measured according to environmental, social and governance activities. The findings are as follows: (1) the profitability of low-cost carriers (LCCs) is superior to that of full-service carriers (FSCs); (2) the energy and wealth-creation efficiencies of LCCs are superior to those of FSCs; (3) FSCs are more committed to CSR activities, and their CSR is positively correlated with overall production efficiency; and (4) environmental and social elements in CSR improve airline efficiency levels. Overall, this study suggests that global airlines should practice CSR to address challenges in the dynamic global airline industry. MDPI 2022-10 Article PeerReviewed pdf en cc_by_4 http://umpir.ump.edu.my/id/eprint/37415/1/Exploring%20the%20influence%20of%20corporate%20social%20responsibility%20on%20efficiency_An%20extended%20dynamic%20data%20envelopment%20analysis.pdf Kao, Fangchen and Ting, Irene Wei Kiong and Chou, Hanchung and Liu, Yisung (2022) Exploring the Influence of corporate social responsibility on efficiency : An extended dynamic data envelopment analysis of the global airline industry. Sustainability (Switzerland), 14 (12712). pp. 1-21. ISSN 2071-1050. (Published) https://doi.org/10.3390/su141912712 https://doi.org/10.3390/su141912712
institution Universiti Malaysia Pahang
building UMP Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Pahang
content_source UMP Institutional Repository
url_provider http://umpir.ump.edu.my/
language English
topic HD28 Management. Industrial Management
T Technology (General)
spellingShingle HD28 Management. Industrial Management
T Technology (General)
Kao, Fangchen
Ting, Irene Wei Kiong
Chou, Hanchung
Liu, Yisung
Exploring the Influence of corporate social responsibility on efficiency : An extended dynamic data envelopment analysis of the global airline industry
description Corporate social responsibility (CSR) has received significant attention from practitioners, encouraging companies to consider it as a business model for their sustainable development. This study examines the effect of CSR on the dynamic efficiency of the global airline industry from 2013 to 2017. The study integrates DuPont and two-stage network data envelopment analyses to evaluate global airline efficiency and its relationship with CSR. Multiple proxies are used to establish a performance evaluation method and analyze the performance of global airlines from the perspectives of their financial structure, production performance and CSR. The study examines the influence of CSR to global airlines’ production efficiency and CSR is measured according to environmental, social and governance activities. The findings are as follows: (1) the profitability of low-cost carriers (LCCs) is superior to that of full-service carriers (FSCs); (2) the energy and wealth-creation efficiencies of LCCs are superior to those of FSCs; (3) FSCs are more committed to CSR activities, and their CSR is positively correlated with overall production efficiency; and (4) environmental and social elements in CSR improve airline efficiency levels. Overall, this study suggests that global airlines should practice CSR to address challenges in the dynamic global airline industry.
format Article
author Kao, Fangchen
Ting, Irene Wei Kiong
Chou, Hanchung
Liu, Yisung
author_facet Kao, Fangchen
Ting, Irene Wei Kiong
Chou, Hanchung
Liu, Yisung
author_sort Kao, Fangchen
title Exploring the Influence of corporate social responsibility on efficiency : An extended dynamic data envelopment analysis of the global airline industry
title_short Exploring the Influence of corporate social responsibility on efficiency : An extended dynamic data envelopment analysis of the global airline industry
title_full Exploring the Influence of corporate social responsibility on efficiency : An extended dynamic data envelopment analysis of the global airline industry
title_fullStr Exploring the Influence of corporate social responsibility on efficiency : An extended dynamic data envelopment analysis of the global airline industry
title_full_unstemmed Exploring the Influence of corporate social responsibility on efficiency : An extended dynamic data envelopment analysis of the global airline industry
title_sort exploring the influence of corporate social responsibility on efficiency : an extended dynamic data envelopment analysis of the global airline industry
publisher MDPI
publishDate 2022
url http://umpir.ump.edu.my/id/eprint/37415/1/Exploring%20the%20influence%20of%20corporate%20social%20responsibility%20on%20efficiency_An%20extended%20dynamic%20data%20envelopment%20analysis.pdf
http://umpir.ump.edu.my/id/eprint/37415/
https://doi.org/10.3390/su141912712
https://doi.org/10.3390/su141912712
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score 13.211869

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