Trends of Implementation of the Sustainable Development Concept in the Industrial-Financial and Investment Activity of the Corporations in Ukraine
Journal Title: Бізнес Інформ - Year 2014, Vol 10, Issue 0
Abstract
The article is aimed at defining and studying of the social role and place of business in conducting of the State and regional policy for sustainable development. The article analyzes the background and the possibilities of implementing the principles of sustainable development by the corporations in Ukraine. The companies, which implement the conception of sustainable development at all stages of their strategies, were identified. The main trends in the implementation of the principles of sustainable development were highlighted and the directions of realization of the economic, social and environmental components of the studied companies were specified. Examples of realization of the above components of sustainable development were provided. Also a correlation between dynamics of profits of the analyzed companies and dynamics of proportions of financing the measures for implementation of the concept of sustainable development, based on selected indicators and the cross-correlation matrix, was presented in the article. It was determined that increase of the production quality remains a priority measure of the enterprises activity in the field of sustainable development. The least common to the analyzed companies are measures to protect natural resources and cooperation with the public sphere. Most enterprises do not have a clear mechanism for monitoring the implementation of programs or activities on sustainable development, and the level of cooperation with the major groups of stakeholders are relatively low. It was noted that conditions pursuant to a motivated implementation of the activities related to sustainable development are absent in the Ukrainian economy. The solution of the existing problems in the theory and practice of implementing the conception of sustainable development would reduce economic and social disparities, create trust relationships between business, society and the State.
Authors and Affiliations
Volodymyr Lanhovoi
Keywords
Related Articles
- EP ID EP127205
- DOI -
- Views 106
- Downloads 0
Integration compatibility of BSEC member states
Article is devoted to the integration compatibility of the BSEC member states. Its main components are pointed out: economic, political-legal, scientific- technological, infrastructural, social and financial. The indicat...
Marketing Tools of Increase of Company's Competitiveness under Crisis Conditions
The article provides analysis of modern methods of management of company competitiveness, directed at reduction of uninsured risks connected with changes in the market situation. The study is conducted in the context of...
The World Experience of Tax Regulation of Actors in the Software Industry
The article is aimed at studying the progressive experience of tax regulation of actors in the software industry in the developed world countries, determining ways of improving processes of their taxation in Ukraine. The...
Identification of Objects of Strategic Changes in the Processes of Managing Company Adaptability
One of the most important goals of an effective company is ensuring its adaptability under conditions of the changing external and internal environment. Solution of this problem is possible under condition of formation o...
Due Diligence Procedure in the Process of Attracting Foreign Direct Investments to the Enterprises
This article analyzes the procedure of due diligence in the context of compulsory stage of the process of attracting foreign direct investments to the enterprises, that helps to estimate the advantages and disadvantages...