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Peculiarities Of Assessing The Sustainable Development Of Tourism Entities Through Key Performance Indicators

Author

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  • ZAHARCO, Silvia

    (Moldova State University, Chisinau, Republic of Moldova)

Abstract

Nowadays, entities are increasingly aware of the need for sustainable balanced development in all fields of activity, which has as its final goal the preservation of natural resources for future generations. Entities tend to create a balance between three components: financial, social and environmental. Sustainable development does not focus on increasing the volume of production, but on improving the quality of the entity's activities for long-term development. That is why, it is necessary to evaluate these activities based on indicators that characterize the entity's sustainable development. This article reflects the issues associated with the analysis of the sustainable development of entities, explaining the concepts of economic, social and environmental sustainability of a tourism entity. At the same time, the indicators that can be used to evaluate the performance of entities within the three types of sustainability are suggested.

Suggested Citation

  • ZAHARCO, Silvia, 2023. "Peculiarities Of Assessing The Sustainable Development Of Tourism Entities Through Key Performance Indicators," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 11(1), pages 281-289, October.
  • Handle: RePEc:vls:rojfme:v:11:y:2023:i:1:p:281-289
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    More about this item

    Keywords

    environmental sustainability; financial stability; key performance indicators; tourism industry;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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