A Multi-criteria Approach Towards Assessing Corporate Sustainability Performances of Privately-owned Banks: Entropy-ARAS Integrated Model

Abstract

The aim of this study is to analyze the corporate sustainability performance of privately-owned banks in Turkey. For this aim, the Entropy-ARAS integrated model is proposed. A sensitivity analysis is conducted to check the effectiveness of the proposed model as well. According to the findings, the most important dimension in determining the sustainability performance of privately-owned banks is the social dimension. The banks that desire to achieve high performance in terms of corporate sustainability should first reduce their turnover rate and then reduce their direct greenhouse gas consumption. Moreover, this study revealed that the proposed model is a useful and powerful decision tool and can be utilized in determining the corporate sustainability performance of banks.