scholarly journals Financial analysis of the sustainable development of a small business sub-industry

Author(s):  
Olha Panchenko ◽  
◽  
Viktoriia Kosenko ◽  
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2021 ◽  
Vol 250 ◽  
pp. 06007
Author(s):  
Elena Korneeva ◽  
Natalia Skornichenko ◽  
Tatiana Oruch

Sustainable development is becoming a very important issue in the 21st century. Facing global changes such as the global warming, global climate change, as well as other pressing issue, all spheres of economy and social life need to take part in mitigating them and preventing disasters from happening. Our article studies the role of the small business in the above processes and the place of the small business in promoting sustainable development through its actions, public and social awareness and responsibility. We show how even small and medium enterprises can become a decisive power in tackling the climate change and promoting green thinking and sustainable awareness. This can be achieved through enhancing social responsibility of business companies which can greatly contribute to supporting the Sustainable Development Goals (SDG) and promoting sustainable economic growth.


2019 ◽  
Vol 19 (3) ◽  
pp. 231-238
Author(s):  
Nurzhan Ashirbekov ◽  
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Zhyldyzbek Bazarbayev ◽  

This article discusses the role of small business and the characteristics of investment factors that affect the economy of Kyrgyzstan, as a factor in the sustainable development of the country. The development of small small businesses is the basis for the stability of the macroeconomic situation of the state. Officially, small and medium-sized businesses have been identified in Kyrgyzstan as the most important sector of the economy. An analysis of data on the production of small and medium-sized businesses in Kyrgyzstan shows that small business shows the most productive activity.


2020 ◽  
Vol 13 (3) ◽  
pp. 151-169
Author(s):  
N. V. Galistcheva

The article deals with the role of small scale industry in India in achieving the sustainable development. The author draws attention to the fact that the small scale industry promotion policy impacts significantly not only on decreasing the unemployment rate as well as long-term and youth unemployment but also on solving such acute social problems as poverty, famine, undernourishment and food insecurity, lack of quality education, gender inequality and the empowerment of women. The author pays attention to the evolution of small business in India in 1950-2010s. It argues convincingly that due to significant number of population as well as low-skilled labor on the one hand and limited financial resources on the other one small business has been considered to be a buffer between modern big business and the bulk of the population remaining outside it. The author considers the effectiveness of the industrial policy through the prism of stimulating small-scale industry and changing its place in the Indian economy. The author examines the activity of the The National Bank for Agricultural and Rural Development (NABARD) which is considered to be the most important institution which looks after the development of the small scale industries. The aim of NABARD was poverty reduction and development assistance (it’s one of the premier agencies providing developmental credit in rural areas). The article presents the definition of small scale industry in India both in terms of employment level and the investment limits as well as statistical data on number of units, its share in industrial production and exports and expansion of small scale sector in 2000-2010s. The author identified main problems facing cottage and small scale industries in India at the present time. The research is based on the systematic approach to the study of national economy using basic methods of scientific knowledge such as induction and deduction, analysis and synthesis.


Author(s):  
Juraxanov Muzaffar Eskandarovich ◽  

The article deals with the analysis of the factors influencing the sustainable development of small business. At the same time, the indicators of sustainability of small businesses in Andijan region are analyzed and the opportunities for their effective use are highlighted.


2021 ◽  
Vol 10(1) (10(1)) ◽  
pp. 256-269
Author(s):  
Alpheaus Litheko

Small business enterprises are renowned worldwide as vehicles for economic growth and development. The small business sector in South Africa has encountered numerous obstacles and government agencies responsible for their development have come across challenges, and as a result, they have not been able to adequately develop a large number of small businesses. Product diversification is one of the growth strategies that can be developed by small tourism businesses to break into new markets and off-set the challenges associated with one sub-sector of tourism. The primary objective is to determine the business support required by small tourism businesses to enter and participate in the eco-tourism sector. A non-probability judgemental sampling method was used to identify participants. In-depth face-to-face interviews were utilised to collect data from small tourism businesses located in Mahikeng, South Africa. There are many limitations that hinder the sustainable development and growth of small tourism businesses in Mahikeng, and for government to implement a series of growth reforms they firstly need to gather information on those factors that impede small tourism business’ sustainable development. The findings of the study can be utilised to inform policy-making processes, and its recommendations can contribute towards strategy development that provides assistance intended for small tourism businesses to enter and participate in the eco-tourism market.


2015 ◽  
pp. 147-160 ◽  
Author(s):  
S. Bobylev ◽  
N. Zubarevich ◽  
S. Solovyeva

The article emphasizes the fact that traditional socio-economic indicators do not reflect the challenges of sustainable development adequately, and this is particularly true for the widely-used GDP indicator. In this connection the elaboration of sustainable development indicators is needed, taking into account economic, social and environmental factors. For Russia, adaptation and use of concepts and basic principles of calculation methods for adjusted net savings index (World Bank) and human development index (UNDP) as integral indicators can be promising. The authors have developed the sustainable development index for Russia, which aggregates and allows taking into account balanced economic, social and environmental indicators.


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