Ranking firms based on their financial and diversity performance using multiple-stage unweighted TOPSIS
Abstract
In this paper, we address the problem of the ranking of companies based on their diversity and financial performance. The addressed problem is a multiple criteria decision-making problem where a composite measure needs to be obtained to rank firms. Taking as a reference the methodological approach followed by Refinitiv in the construction of their Diversity and Inclusion Index, we propose an alternative ranking framework that overcomes some of the problems identified in the methodological approach of Refinitiv. In particular, the proposed method in this work does not require the a priori establishment of a weighting scheme and is able to incorporate the past behavior of the companies in terms of diversity in their workplaces.
Citation
Bouslah , K , Liern , V , Ouenniche , J & Pérez-Gladish , B 2022 , ' Ranking firms based on their financial and diversity performance using multiple-stage unweighted TOPSIS ' , International Transactions in Operational Research , vol. Early View . https://doi.org/10.1111/itor.13143
Publication
International Transactions in Operational Research
Status
Peer reviewed
ISSN
1475-3995Type
Journal article
Description
Fernando Rubiera and Tania Fernández-García would like to thank financial support to the Asturias Government and GITPA thought the Chair for the analysis of innovation (grant agreement No CATI-2020-005 CINNOVA). Vicente Liern and Blanca Pérez-Gladish would like to thank financial support to the Spanish Ministerio de Ciencia, Innovación y Universidades, project reference number: RTI2018-093541-B-I00.Collections
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