The Relationship between Environmental and Economic Aspects for Measuring the Sustainability of the Enterprise: A Case Study of Slovak Manufacturing Enterprises

Emese Tokarcikova, Alzbeta Kucharcikova and Patricia Janosova
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Emese Tokarcikova: Faculty of Management Science and Informatics, Department of Macro and Microeconomics, University of Žilina, Univerzitna 8215/1, 010 26 Žilina, Slovakia
Alzbeta Kucharcikova: Faculty of Management Science and Informatics, Department of Macro and Microeconomics, University of Žilina, Univerzitna 8215/1, 010 26 Žilina, Slovakia
Patricia Janosova: Faculty of Management Science and Informatics, Department of Macro and Microeconomics, University of Žilina, Univerzitna 8215/1, 010 26 Žilina, Slovakia

IJERPH, 2022, vol. 19, issue 13, 1-13

Abstract: Despite the unbounded and undeniable advantages of manufacturing, affiliated negative externalities, such as environmental pollution, cannot be overlooked. Our article aims to focus on the current interdependence between the selected economic and environmental aspects in related manufacturing enterprises in Slovakia. We focused on analysing the relationship between carbon monoxide emissions from the largest polluters of the Slovak Republic and relevant sales. The data were taken from 83 enterprises from the Slovak Republic. Environmental and economic data were comprehensive during 2014–2019; therefore, this paper focuses on this period. Among the substantial results, we identified that carbon monoxide production from Slovak production companies was almost unchanged from 2014 to 2019, with only minimal deviations. Based on the results, we created an environmental ratio indicator as an appropriate tool for managers for their decision-making process to achieve the enterprise’s sustainability goals.

Keywords: sustainable development; environmental performance; carbon monoxide emissions; environmental ratio; sustainability goals (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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