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Deriving Corporate Social Responsibility Patterns in the MSCI Data

  • Zina TaranEmail author
  • Boris Mirkin
Conference paper
Part of the Lecture Notes in Business Information Processing book series (LNBIP, volume 353)

Abstract

Empirical research effort over Corporate Social Responsibility (CSR) is typically concentrated on a limited number of aspects. We focus on the whole set of CSR activities to find out if there is a structure in those. We take data on the four major dimensions of CSR: environment, social & stakeholder, labor, and governance, from the MSCI database. To find out the structure hidden under almost constant average values, we apply a modification of K-means clustering with its complementary criterion. This method leads us to discover an impressive process of change in patterns that we predict will continue in the future.

Keywords

Corporate social responsibility Pattern K-means Anomalous clusters 

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.Delta State UniversityClevelandUSA
  2. 2.Birkbeck University of LondonLondonUK
  3. 3.National Research University Higher School of EconomicsMoscowRussian Federation

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