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The influence of economic indicators on the ecological and social sustainability of industrial enterprises

Author

Listed:
  • Lepikhina Т. L.

    (Perm National Research Polytechnical University)

  • Alikina E. B.

    (Perm State Humanitarian Pedagogical University)

  • Lepikhin V. V.

    (Perm National Research Polytechnical University)

Abstract

In modern conditions, sustainable development is the object of study in economic science. The study of this important issue is actual both at macro-, mesolevels, and at the enterprise level. Major problem is to achieve the balance between economic, social and environmental aspects of economic systems. Therefore, there is need for investigate the relationship and mutual indices characterizing the economic, social and environmental sustainability. The authors propose to use the method of correlation analysis to identify the relationships. The concept of concepts of economic, social and environmental sustainability of the industrial enterprise is specified in the article, indicators by which it is possible to estimate the condition of three observed kinds of sustainability is proposed. Analysis of the key indicators was done on the basis of information given by the Territorial State Statistics Service. Correlation analysis was performed to show the influence of the economic indicators of industrial enterprises of the Perm region on their social and environmental sustainability. As a result of analysis, it was found that the economic indicators characterizing economic growth at the enterprise level have a significant influence on social and environmental sustainability. It has been established that the economic well-being of companies, estimated by quantitative growth, financial performance and attractiveness to foreign investors, in general, has a positive effect on social stability. The impact of economic indicators on environmental sustainability is ambiguous: on the one hand there are positive trends, which include reduction of emissions, decrease of electricity consumption; on the other hand there is the achievement of economic stability in contradiction with the use of such an important resource as the land.

Suggested Citation

  • Lepikhina Т. L. & Alikina E. B. & Lepikhin V. V., 2014. "The influence of economic indicators on the ecological and social sustainability of industrial enterprises," Вестник Пермского университета. Серия: Экономика, CyberLeninka;Федеральное государственное бюджетное образовательное учреждение высшего профессионального образования «Пермский государственный национальный исследовательский университет», issue 4, pages 93-98.
  • Handle: RePEc:scn:006506:15679165
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