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Methodical Approaches to Measuring Sustainable Development of Industrial Enterprises

Author

Listed:
  • Tatiana Alferova
  • Elena Shilova
  • Elena Tretiakova

Abstract

The article is devoted to the problems of assessment of sustainable development at industrial enterprises with a dynamic scorecard based on growth rates of key performance indicators, arranged in the way allowing the evaluation of the sustainable development process when kept in the long time interval. The relative indicators allow comparing not only the incomparable values but also enterprises of different sizes. In addition the system allows comparing the results of current period to similar data from previous years, as well as to the results of other companies for the same period to determine their rating position or identify balance / imbalance. This system takes into account not only balanced state of environmental, economic and social spheres in particular time but also helps to reflect the positive changes in development process. This method is considered on the example of chemical industry, one of the leading in Russia.

Suggested Citation

  • Tatiana Alferova & Elena Shilova & Elena Tretiakova, 2015. "Methodical Approaches to Measuring Sustainable Development of Industrial Enterprises," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 115-128.
    • Handle: RePEc:ers:journl:v:xviii:y:2015:i:3:p:115-128
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    File URL: http://www.ersj.eu/repec/ers/papers/15_3_p10.pdf
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    References listed on IDEAS

    as
    1. OZKAN, Filiz & OZKAN, Omer, 2012. "An Analysis Of Co2 Emissions Of Turkish Industries And Energy Sector," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 12(2).
    2. Chih Cheng CHEN, 2013. "Industry Agglomeration and Wage Differentiation: An Empirical Study on Taiwan’s Manufacturing Industry," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 13(2), pages 147-160.
    3. Marco PLATANIA, 2014. "Trade Advantage Of Italian Industrial Districts:Persistence And Change," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 14(2).
    4. Lucas FERRERO & Carlos Matías HISGEN, 2014. "Determinants of exports intensity of industrial SMEs in Argentina," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 14(2).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Sustainable Development Assessment; Dynamic System; Pace of Growth; Indicators Adjustment Graph;
    All these keywords.

    JEL classification:

    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure

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