Table 6 Calculation of CSR and stakeholder-oriented responsibility

Stockholder

Earnings per Share

Net Asset Value per Share

Creditor

Interest Coverage Ratio

Equity to Asset Ratio

Customer

COGSTS

Sales Growth Rate in 3 Years

Supplier

Accounts Receivable Turnover

Ratio of Cash and Accounts Payable

Employee

Wages and Welfare Ratio = Wages and Welfare /Net Profit

Wages and Welfare Growth Rate

Government

Tax Ratio

Tax Growth Rate in 3 Years

Weight

Stockholder’s Weight = Stock Equity/ Total Asset + (Subject Equity/ Total Asset) * (Dividend /(Stockholder + Creditor + Customer + Supplier + Employee + Government))

Creditor’s Weight = Loans/ Total Asset + (Subject Equity/ Total Asset) * (Interests /(Stockholder + Creditor + Customer + Supplier + Employee + Government))

Other Stakeholders’ Weight = (Subject Equity/ Total Asset) * (Other Related Stakeholder’s Expenditure /(Stockholder + Creditor + Customer + Supplier + Employee + Government))

CSR

\( CSR={\displaystyle \sum_{n=1}^6}\left(CS{R}_i*{W}_i\right) \)

(CSR_i is the indicator of stakeholder-oriented responsibility. W_i is stakeholder’s weight)