Short-term predictive analysis of corporate environmental and financial performance

2021 ◽  
Vol 20 (12) ◽  
pp. 2248-2261
Author(s):  
Larisa S. KOROBEINIKOVA ◽  
Mariya V. TKACHEVA ◽  
Vyacheslav V. KOROTKIKH
Keyword(s):  
Sustainable Development ◽  
Financial Performance ◽  
Methodological Approach ◽  
Relevant Information ◽  
Predictive Analysis ◽  
Short Term ◽  
Protection Measures ◽  
Sustainable Performance ◽  
Complex Interactions ◽  
Risk Areas

Subject. The environmental concept has become one of the main objectives in the field of sustainable development of management system. Along with a corporation’s financial sustainability, environmental and social sustainability constitute the modern notion of an economic entity’s sustainable development. The successful development of a corporation is possible, if there is an equilibrium in all areas of economic entity’s operations. Objectives. This paper investigates the complex interactions of financial and environmental performance at the corporate level. The aim is to develop a methodological approach to predictive analysis of corporate environmental and financial performance, focused on short-term oriented management forecasts. Methods. The predictive analysis of environmental and financial processes suggests the use of a large number of performance indicators. A statistical model based on a matrix predictor combining econometric and multidimensional prediction methods became the basis of our methodological approach to predictive analysis. In the empiric section, we present a predictive analysis for the environmental and financial performance of AO Minudobreniya. Results. We developed a methodological approach to the predictive analysis of corporate environmental and financial performance to identify potential risk areas and further plan preventive measures to ensure the desired level of economic sustainability. Conclusions. The findings can be useful for solving a number of specific problems related to information, organizational and methodological support to both a sustainable performance predictive analysis and formation of relevant information for stakeholders about the level of effectiveness of environmental protection measures.

scholarly journals Strategic Orientation and Performance of Small Businesses in South Africa

2020 ◽  
Vol 9 ◽  
pp. 459-467
Author(s):  
Khutso Pitso Mankgele ◽  
◽  
Olawale Fatoki
Keyword(s):  
South Africa ◽  
Sustainable Development ◽  
Financial Performance ◽  
Small Businesses ◽  
Pearson Correlation ◽  
Environmental Indicators ◽  
Strategic Orientation ◽  
Bottom Line ◽  
Sustainable Performance ◽  
The Impact

Motivation: Most studies on strategic orientation have focused on financial performance while neglecting social and environmental performance. In this era of sustainable development, the performance of SMEs is better measured using the triple bottom line approach (financial, social and environmental). Studies that examine the effect of strategic orientation on the sustainable performance of SMEs are scarce. Novelty: The aim of the study is to explore the impact of strategic orientation on the sustainable performance of SMEs. While extant studies have explored the effect of strategic orientation on the financial performance of SMEs, this study used the sustainable measure of performance that included financial, social and environmental indicators. Methodology and Methods: The study followed the quantitative research design and a self-administered questionnaire was employed during the data collection process. Data was collected from one hundred and forty SME owners in a cross-sectional survey. The participants of this study were in the retail, service and manufacturing sectors. Data and Empirical Analysis: The Pearson correlation and regression were used for analysis. The Pearson correlation results indicated a positive correlation between strategic orientation and sustainable performance, while the regression analysis showed that strategic orientation has a positive impact on the sustainable performance of SMEs. Policy Considerations: South Africa is a signatory to the Paris Agreement on Climate Change and the United Nations’ Sustainable Development goals. The sustainable performance of SMEs can help to achieve these goals. The findings of this study can help small business owners to continuously acquire strategic orientation education for themselves and their employees. Agencies that support small businesses should organise seminars to train and educate SME owners on strategic orientation and sustainable performance.

Assessment and analysis of efficiency system management by innovative factors for sustainable development of national economy from the position satisfaction of vital interests population in Ukraine

2019 ◽  
pp. 6-16
Author(s):  
Оксана Василівна Бондар-Підгурська ◽  
Алла Олександрівна Глєбова
Keyword(s):  
Sustainable Development ◽  
Human Development ◽  
National Economy ◽  
Public Debt ◽  
Methodological Approach ◽  
State Regulation ◽  
Point Of View ◽  
Financial Policy ◽  
System Management ◽  
Stage Of Development

The scientific and methodological approach to the evaluation and analysis of the efficiency of system management by innovation factors for sustainable development of national economy from the point of view satisfaction vital interest’s population is developed. This is the calculation of the modernized index human development based on the adjective model based on 26 indicators (social, economic and environmental subsystems), as well as using the methods of the main components and the slip matrix. The resultant value is the modernized Human Development Index (MHDІ) of Ukraine. The architectonics MHDІ of Ukraine in 2007–2017 from the position of sub-indices of the ecological, social and economic subsystems is analyzed. Consequently, the scientific and methodological approach based on the MHDI change allows us to draw conclusions regarding the effectiveness of the work and public administration bodies in the context of making managerial decisions regarding the satisfaction of the vital interest’s population. MHDI considers the main regulated parameter of the system management in the innovation factors of sustainable development in socially oriented economy. The tendency of steady decline MHDI of Ukraine in 2007–2017 on 53.45 % was confirmed, which confirms inefficient state regulation of crisis situations in Ukraine. In order to increase the efficiency management of innovative factors by sustainable development of the national economy, from the standpoint of satisfaction vital interest’s population, it is proposed to intensify the use of public debt and savings bonds, market and non-market methods of relief and debt load. This is due to the fact that at the current stage of development in the national economy, public external debt is one of the most significant indicators of the state economy. It is at the same time a criterion for the effectiveness of public financial policy, as well as a threat and opportunity for the Ukrainian economy. In order to optimize its size, various methods, approaches, tools are used. Based on the analysis of world experience, it has been established that the securities market, in particular debt securities, plays a strategic role in regulating this issue. Therefore, it makes sense to recommend government debt bonds and government savings bonds to optimize the amount of external public debt.

Conceptual Foundations of Environmental Marketing and Environmental Product

2020 ◽  
Vol 26 (6) ◽  
pp. 665-671
Author(s):  
D. V. Bagnyuk ◽  
A. V. Lebedev
Keyword(s):  
Sustainable Development ◽  
Methodological Approach ◽  
Russian Language ◽  
Future Research ◽  
Environmental Friendliness ◽  
Environmental Marketing ◽  
Qualitative Empirical Research ◽  
Green Approach ◽  
Market Practices ◽  
Conceptual Foundations

The presented study examines the concepts of “environmental marketing” and “environmental product”. The study attempts to conceptualize these terms in Russian language with allowance for the concept of sustainable development and the principles of the circular economy.Aim. The study aims to develop the conceptual foundations of environmental marketing and its derivative — environmental product, laying the groundwork for future research in specifying the concepts of “environmental marketing” and “environmental product”.Tasks. The authors examine the current state of environmental marketing and environmental product in Russia in terms of legislation and market practices; analyze the evolution of these concepts in foreign and Russian publications; systematize experience in this field; provide an original conceptualization of these terms; operationalize their key characteristics and features.Methods. This study is based on qualitative empirical research using such methods as content analysis, synthesis, formalization, and systematization. The theoretical and methodological approach of the study is based on the works of foreign and Russian scientists in the field of environmental marketing, the “green” approach to the promotion of goods, and sustainable enterprise development.Results. A research gap in the conceptualization of “environmental marketing” and “environmental product” in Russian language is identified. The authors provide an original interpretation of these concepts with allowance for the principles of sustainable development and “green” promotion.Conclusions. This study serves to elaborate on the scientific meaning of the concept of “environmental friendliness” applicable in marketing, changing the trend of the increasing number of products that fall under the definition of greenwashing. The published materials can be useful for environmental consultants, marketers, and representatives of legislative authorities in certifying products according to environmental standards.

Financial Performance of ECIL, Hyderabad – An Analysis

2013 ◽  
Vol 3 (2) ◽  
Author(s):  
N. Jyothi ◽  
Dr. T. Satyanarayana Chary
Keyword(s):  
Public Sector ◽  
Performance Analysis ◽  
Private Sector ◽  
Financial Performance ◽  
Business Environment ◽  
Present Position ◽  
Short Term ◽  
Comprehensive Manner

Financial performance of individual organizations differ very significantly, however, the performance is distinguishable between public sector companies and private sector companies as their nature and size of investment and business environment is different . The ECIL is a very vast growing company which requires additional funds on a regular basis, whether internal or external. Particularly, the company needs both long term and short-term finances in view of its present position and enormous scope for improvement in the services provided. The present paper is a modest attempt to discuss the financial performance analysis of ECIL, Hyderabad in terms operating profits, capital employed ratios and turnover in a comprehensive manner over a period of 10 years.

scholarly journals Decision and Coordination in a Dual-Channel Three-Layered Green Supply Chain

Symmetry ◽  
2018 ◽  
Vol 10 (11) ◽  
pp. 549 ◽  
Author(s):  
Zilong Song ◽  
Shiwei He ◽  
Baifeng An
Keyword(s):  
Sustainable Development ◽  
Supply Chain ◽  
Environmental Performance ◽  
Fresh Produce ◽  
Green Supply Chain ◽  
Market Demand ◽  
Equilibrium Solutions ◽  
Sustainable Performance ◽  
Dual Channel ◽  
Social And Environmental Performance

This paper investigated, for the first time, the game and coordination of a dual-channel, three-layered, green fresh produce supply chain, with regard to its economic, social, and environmental performance. Considering that the market demand is dual-channel priced and sensitive to the degree of greenness and the freshness-level, four game models, under different scenarios have been established. These included a centralized scenario, a decentralized scenario, and two contractual scenarios. The equilibrium solutions under the four scenarios were characterized. From the perspective of a sustainable development, the economic, social, and environmental performance of the supply chain was analyzed. To enhance the supply chain performance, two contract mechanisms were designed and the conditions for a multi-win outcome were obtained. Accordingly, many propositions and management implications were provided. The results showed that, (1) compared to the centralized supply chain case, the performance of the decentralized supply chain case is inferior; (2) in addition to increasing the concentration of the supply chain decisions, the two contracts proposed can effectively coordinate the green supply chain and improve its sustainable performance; and (3) the performance of the supply chain is positively driven by the consumers’ sensitivity to greenness degree and the freshness level of fresh produce. This paper fills a research gap and helps the participants of the channel recognize the operational decision principle of a complex green supply chain, in order to achieve a higher and a long-term sustainable-development performance.

Nowcasting global trade in goods and services

2020 ◽  
pp. 1-19
Author(s):  
Fernando Cantú-Bazaldúa
Keyword(s):  
Real Time ◽  
Relevant Information ◽  
Global Trade ◽  
Dynamic Factor ◽  
Timely Manner ◽  
Short Term ◽  
Dynamic Factor Models ◽  
Significant Information ◽  
Goods And Services ◽  
World Economic

World economic aggregates are compiled infrequently and released after considerable lags. There are, however, many potentially relevant series released in a timely manner and at a higher frequency that could provide significant information about the evolution of global aggregates. The challenge is then to extract the relevant information from this multitude of indicators and combine it to track the real-time evolution of the target variables. We develop a methodology based on dynamic factor models adapted for variables with heterogeneous frequencies, ragged ends and missing data. We apply this methodology to nowcast global trade in goods in goods and services. In addition to monitoring these variables in real time, this method can also be used to obtain short-term forecasts based on the most up-to-date values of the underlying indicators.

scholarly journals Behavioral brittleness: the case for strategic behavioral public policy

2021 ◽  
pp. 1-26
Author(s):  
Ruth Schmidt ◽  
Katelyn Stenger
Keyword(s):  
Public Policy ◽  
Problem Solving ◽  
Methodological Approach ◽  
Contextual Cues ◽  
Short Term ◽  
Strategic Approach ◽  
The Face ◽  
The Creation ◽  
Impact Problem

Abstract Despite widespread recognition that behavioral public policy (BPP) needs to move beyond nudging if the field is to achieve more significant impact, problem-solving approaches remain optimized to achieve tactical success and are evaluated by short-term metrics with the assumption of stable systems. As a result, current methodologies may contribute to the development of solutions that appear well formed but become ‘brittle’ in the face of more complex contexts if they fail to consider important contextual cues, broader system forces, and emergent conditions, which can take three distinct forms: contextual, systemic, and anticipatory brittleness. The Covid-19 pandemic and vaccination rollout present an opportunity to identify and correct interventional brittleness with a new methodological approach – strategic BPP (SBPP) – that can inform the creation of more resilient solutions by embracing more diverse forms of evidence and applied foresight, designing interventions within ecosystems, and iteratively developing solutions. To advance the case for adopting a SBPP and ‘roughly right’ modes of inquiry, we use the Covid-19 vaccination rollout to define a new methodological roadmap, while also acknowledging that taking a more strategic approach may challenge current BPP norms.

scholarly journals Evaluating Sustainable Development by Composite Index: Evidence from French Departments

2021 ◽  
Vol 13 (2) ◽  
pp. 761
Author(s):  
Jean Bonnet ◽  
Eva Coll-Martínez ◽  
Patricia Renou-Maissant
Keyword(s):  
Sustainable Development ◽  
Regional Scale ◽  
Composite Index ◽  
Energy Transition ◽  
Evaluation Framework ◽  
Sustainable Mobility ◽  
The Sustainable Development ◽  
Sustainable Performance ◽  
Composite Indices ◽  
Hierarchical Ascending Classification

Since the adoption of the Sustainable Development Goals by the United Nations, sustainability has been a key priority for European governments. While previous studies have investigated the associations between indicators of sustainable development, few have directly considered a multidimensional approach to assess and compare the performance of regions in terms of sustainable development. As such, a comprehensive assessment of regional sustainable performance is thus still needed. In this paper, the concept of sustainability relies on the construction of six composite indices (environment and natural resources, energy transition, sustainable mobility, economic dynamism, social cohesion and solidarity, and governance and citizenship) with the aim to provide an evaluation framework for empirically comparing the performance of the 96 metropolitan French Departments. Each dimension is explored by spatial autocorrelation analysis and Hierarchical Ascending Classification (HAC) to classify French Departments providing five different regional profiles of sustainable development. The findings make it possible to identify the strengths and weaknesses of the departments in the implementation of sustainable development. This approach provides the bases for a systematic monitoring of sustainable development policies at the regional scale.

The Research on the Strategies for Sustainable Development and Environmental Protection

2013 ◽  
Vol 869-870 ◽  
pp. 786-790
Author(s):  
Chen Chen Zhang
Keyword(s):  
Sustainable Development ◽  
Environmental Protection ◽  
Development Strategy ◽  
Protection Measures ◽  
The Sustainable Development ◽  
National Economic ◽  
History Of ◽  
Dialectical Relationship ◽  
Relationship Of

The strategies for sustainable development have been included in the medium and long term plan of 2010 for national economic and social development. Protecting the environment is the most important prerequisite and safeguards for the sustainable development strategy. In the study, we described the history of the environmental problems in the world, the proposal and implications of sustainable development, and outlined the dialectical relationship of development with the environment. The environmental protection measures for sustainable development were proposed here, according to the environmental situation severely affecting its biophysical environment.

scholarly journals Sustainable Performance Evaluation: Evidence from Listed Chinese Mining Corporations

Entropy ◽  
2021 ◽  
Vol 23 (3) ◽  
pp. 349
Author(s):  
Yuan Ma ◽  
Jingzhi Men ◽  
Mingyu Li ◽  
Xiaoyan Li
Keyword(s):  
Sustainable Development ◽  
Evaluation System ◽  
Industrial Development ◽  
Ideal Solution ◽  
Topsis Method ◽  
Entropy Weight ◽  
Four Dimensions ◽  
Sustainable Performance ◽  
Research Gap ◽  
Development Evaluation

Rapid industrial development has caused a series of environmental problems, which is not conducive to sustainable development of society as a whole. It is necessary to build a sustainable development evaluation system. Most of the existing literature has evaluated corporate sustainable performance from the economy, environment and society on the basis of triple bottom lines. Considering the research gap and the practice need, an evaluation system is established from four dimensions, referred to as economy, society, environment and responsibility management, and 29 indicators are designed to measure these four dimensions. Twenty seven listed Chinese mining corporations are selected as research samples, and the entropy-weight-based Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) method is applied to calculate indicators’ weights. Results show that the four dimensions of sustainable performance weights from high to low are society, environment, economy, and management process.

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