Enterprise Strategic Management Upon Sustainable Value Creation: A Fuzzy Topis Evaluation Tool for Transport and Supply Chain Enterprises

Maria Sartzetaki (), Aristi Karagkouni and Dimitrios Dimitriou
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Maria Sartzetaki: MaGBISE Research Laboratory, Department of Economics, Democritus University of Thrace, 67100 Komotini, Greece
Aristi Karagkouni: MaGBISE Research Laboratory, Department of Economics, Democritus University of Thrace, 67100 Komotini, Greece
Dimitrios Dimitriou: MaGBISE Research Laboratory, Department of Economics, Democritus University of Thrace, 67100 Komotini, Greece

Sustainability, 2025, vol. 17, issue 11, 1-18

Abstract: The advancement of sustainable economic development has become a strategic imperative for enterprises aiming to combine financial development with environmental and social responsibility. In this regard, strategic enterprise management (SEM) has a critical role in incorporating the aspects of sustainability into decision making. The present paper suggests a multicriteria decision-making framework that utilizes fuzzy TOPSIS in assessing and ranking sustainability integration aspects in organizations. By considering the intrinsic vagueness of sustainability analysis, the fuzzy TOPSIS model enables the systematic analysis of environmental, social, and governance (ESG) factors by companies for ensuring their alignment to corporate strategic goals. A case study of a major international airport in Greece demonstrates how the proposed methodology assists strategic choice making, balancing economic viability and sustainable value creation. The results show primary trade-offs among human capital investment, environmental footprint reduction, and stakeholder communication, demonstrating how companies can enhance long-term resilience and competitiveness. This research adds to the existing literature by giving an integrated strategic enterprise management framework with the use of decision support instruments to foster sustainability-oriented corporate governance and strategic efficacy. The suggested model is flexible and can be applied in any industry, hence being a benchmark for sustainable business practice. This paper contributes to the literature by integrating fuzzy TOPSIS with balanced scorecard in the context of airport strategic sustainability management, offering both methodological advancement and empirical insights for transport and supply chain enterprises.

Keywords: strategic enterprise management; sustainable value creation; sustainability performance indicators; fuzzy TOPSIS; balanced scorecard; transport enterprises; multicriteria decision analysis (MCDA); stakeholder engagement (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2025
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