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Fuzzy Logic in Business Ethics

In: Fuzzy Business Models and ESG Risk

Author

Listed:
  • Beata Zofia Filipiak

    (University of Szczecin)

Abstract

The purpose of this chapter is to discuss the possibilities of using the fuzzy approach in decision-making processes and risk management in business. This chapter identifies the components of the fuzzy approach as an important approach to making decisions in conditions of reduced information quality. The chapter presents the possibilities of using and the role of the fuzzy approach in decision-making processes in enterprises, taking into account their impact on decision-making process. Attention was drawn to the differences in the approach to enterprises from the production, services, and trade sectors and the enterprise's exposure to ESG risk. The stages and tools supporting risk management in the classical approach, and a specific approach and methods that may contribute to a better understanding of ESG risk were included in the process. The position of the fuzzy approach in the ESG risk management process was also shown.

Suggested Citation

  • Beata Zofia Filipiak, 2023. "Fuzzy Logic in Business Ethics," Palgrave Studies in Impact Finance, in: Magdalena Ziolo (ed.), Fuzzy Business Models and ESG Risk, chapter 0, pages 73-104, Palgrave Macmillan.
  • Handle: RePEc:pal:psifcp:978-3-031-40575-4_5
    DOI: 10.1007/978-3-031-40575-4_5
    as

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