Integral assessment of developmental stability: cases of Lithuania and Ukraine

Liliya Filipishyna (), Svetlana Bessonova and Gerda Venckeviciute ()
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Liliya Filipishyna: Admiral Makarov National University of Shipbuilding, Ukraine
Svetlana Bessonova: Pryazovskyi State Technical University, Ukraine
Gerda Venckeviciute: Vilnius University, Lithuania

Entrepreneurship and Sustainability Issues, 2018, vol. 6, issue 1, 87-99

Abstract: The article highlights three directions of stable development: economic growth, ecological management, social integration which cover all the sectors of development. Main tasks and functions are presented in the context of stable enterprise and society development. They can be carried out with the help of certain indicators and applied in different countries, regions, or industries. Approbation of the proposed mechanism was carried out at Lithuanian waste management sector and Ukrainian metallurgical enterprises. The system of stable development indicators proposed by the authors includes three groups for Lithuanian waste management industry case and five groups of them for Ukraine metallurgical enterprises. The ISI - a stability index which is used for integral assessment of industrial enterprises’ developmental stability, and is based on calculating complex indicators of economic, ecological, social, risk and market stability. The mechanism of integrated assessment of enterprise stability has been improved and now allows choosing the optimal continuous monitoring method, giving enterprises an opportunity to work effectively and develop steadily for a long period of time. Developmental stability corresponds to the average level and characterizes the need to develop the dimensions for increasing the level of developmental stability of such enterprises.

Keywords: stable development; integral assessment; indicators of stable development; waste management industry; metallurgical enterprise; mechanism of integral stability assessment (search for similar items in EconPapers)
JEL-codes: M40 (search for similar items in EconPapers)
Date: 2018
References: View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:6:y:2018:i:1:p:87-99

DOI: 10.9770/jesi.2018.6.1(7)

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