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Application of Robust Control for CSR Formalization and Stakeholders Interest

Author

Listed:
  • Sana Ben Abdallah

    (Univ. Manouba, ESCT, Campus Universitaire Manouba)

  • Dhafer Saidane

    (Skema Business School, Université Cote d’Azur)

  • Mihaly Petreczky

    (Centre de Recherche en Informatique, Signal et Automatique de Lille (CRIStAL), UMR CNRS 9189, CNRS)

Abstract

In this paper, we propose a new definition of sustainability that includes dynamics and equity. We propose a theoretical framework that allows finding a fair and sustainable strategy for all stakeholders. More precisely, the framework allows calculating a strategy which ensures that in the long run the interests of all the stakeholders are reconciled. In order to calculate a such a strategy, we model stakeholders and actors as dynamical systems in state-space form. Furthermore, we use robust control and linear matrix inequalities to calculate the desired strategy. We use several simulation scenarios to show the effectiveness of our proposed framework.

Suggested Citation

  • Sana Ben Abdallah & Dhafer Saidane & Mihaly Petreczky, 2023. "Application of Robust Control for CSR Formalization and Stakeholders Interest," Computational Economics, Springer;Society for Computational Economics, vol. 62(3), pages 891-934, October.
    • Handle: RePEc:kap:compec:v:62:y:2023:i:3:d:10.1007_s10614-022-10286-y
    DOI: 10.1007/s10614-022-10286-y
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    References listed on IDEAS

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