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The System of Evaluation Efficiency of the Strategy of Sustainable Development of the Enterprise in the Decentralization Conditions

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  • Igor Britchenko
  • Svitlana Filyppova
  • Liubov Niekrasova
  • Olena Chukurna
  • Radostin Vazov

Abstract

The article proposes a scientific and methodological approach to strategising the development of a manufacturing enterprise in a decentralised environment based on the principle of feedback. This approach involves taking into account the direct and feedback indicators of the enterprise, aimed at increasing its competitiveness and achieving sustainable development goals. The authors propose to assess the level of development of the production enterprise in decentralisation, taking into account the multiplier effect of interaction with the united territorial community on the basis of the target approach (indicators are distributed according to the goals of the enterprise), taking into account the main directions of sustainable development component, each of which has its own system of evaluation indicators. The proposed methodological approach to assessing the level of development of a production enterprise in decentralisation allowed to assess the development of the enterprise in accordance with its qualitative and quantitative characteristics in each of the areas of sustainable development (social, economic, environmental, budget), taking into account their interaction levels. A scientific and methodological approach to modelling the management system of the dynamic state of the production enterprise in terms of decentralisation, which provides for the formation of a model of development of the production enterprise in cooperation with OTG on indicators of its development. The model of management of development of the industrial enterprise in the conditions of decentralisation for LLC TIS, which is located in the territory of the Vizyr UTC of the Odessa region is constructed.

Suggested Citation

  • Igor Britchenko & Svitlana Filyppova & Liubov Niekrasova & Olena Chukurna & Radostin Vazov, 2022. "The System of Evaluation Efficiency of the Strategy of Sustainable Development of the Enterprise in the Decentralization Conditions," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 118-138.
    • Handle: RePEc:bas:econst:y:2022:i:1:p:118-138
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    File URL: https://www.iki.bas.bg/Journals/EconomicStudies/2022/2022-1/07_Britchenko-3.pdf
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    References listed on IDEAS

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    1. Rodrigo Lozano, 2015. "A Holistic Perspective on Corporate Sustainability Drivers," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 22(1), pages 32-44, January.
    2. Salzmann, Oliver & Ionescu-somers, Aileen & Steger, Ulrich, 2005. "The Business Case for Corporate Sustainability:: Literature Review and Research Options," European Management Journal, Elsevier, vol. 23(1), pages 27-36, February.
    3. Hediger, Werner, 2010. "Welfare and capital-theoretic foundations of corporate social responsibility and corporate sustainability," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 39(4), pages 518-526, August.
    4. Olga Gornyak & Lidiya Voloshchuk & Ganna Prokofieva, 2019. "Formation Of Components Of Economic Development Of The Country And Its Regions Within The Framework Of Decentralization," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 5(3).
    5. Adaeze Okoye, 2009. "Theorising Corporate Social Responsibility as an Essentially Contested Concept: Is a Definition Necessary?," Journal of Business Ethics, Springer, vol. 89(4), pages 613-627, November.
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    Cited by:

    1. Igor Britchenko & Oksana Polinkevych & Viktor Trynchuk & Inna Khovrak, 2023. "The Impact of COVID-19 on the Philosophy of Doing Business in a Sustainable Environment," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 100-116.

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    More about this item

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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