DEVELOPMENT OF METHODOLOGICAL TOOLS FOR ASSESSING THE LEVEL OF SUSTAINABLE DEVELOPMENT OF BUSINESS SUBJECT BASED ON INTEGRAL APPROACH: ECONOMIC COMPONENT

Authors

  • V. A. Guzey Author

Keywords:

Economic component of sustainable development, indicators of sustainable development, criteria for assessing the organization under study, methodology for analyzing sustainable development, actual values of indicators

Abstract

Achieving sustainable development of economic entity requires its transformation into a qualitatively new form. Management of sustainable development contributes to effectiveness of growth of performance indicators of organization, taking into account the limitations of available resources, as well as dynamism of changes in its external environment. During the study of applied methods of analysis of sustainable development of enterprise and, in addition, formation of a set of indicators characterizing the degree of achieving sustainability, we have developed a methodical approach to the analysis of level of sustainable development of economic entity, through the implementation of integral assessment of degree of sustainable development of economic entity. Purpose of present study is to develop the author's methodological tools to analyze the level of sustainable development of economic entity, through the implementation of integral assessment of economic indicators of functioning. In this connection, allocation of classes of organizations, according to the indicators of achieved level of sustainable development, in context of indicators included in scope of study within economic component of sustainable development was carried out. According to the results of proposed author's methodology for determining the existing states of economic entities in dynamics over number of years, in connection with which it was revealed that studied economic entities belong to a certain class of sustainable development, in accordance with the aggregate number of points, based on actual values of calculated financial ratios.

Published

2022-03-21

How to Cite

DEVELOPMENT OF METHODOLOGICAL TOOLS FOR ASSESSING THE LEVEL OF SUSTAINABLE DEVELOPMENT OF BUSINESS SUBJECT BASED ON INTEGRAL APPROACH: ECONOMIC COMPONENT. (2022). Vestnik of Rostov State University of Economics (RINX), 4 (76), 40-49. https://vestnik.rsue.ru/index.php/vestnik/article/view/564