ADOPTION OF THE ENVIRONMENTAL IMPERATIVE IN MANAGEMENT DECISION-MAKING AS A BASIS FOR INITIATING ENVIRONMENTALLY ORIENTED SUSTAINABLE DEVELOPMENT INNOVATIONS

The article considers ecological-economic obstacles to the transition to sustainable development in various territories. The limitations and gaps of the management decision-making system in the Territories have been identified, as well as the need to adequately take into account the interests of various States and social groups in order to address them. The importance of these factors is growing in the context of the widening development gap between urbanized and agricultural areas.

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CREATIVE TRANS-BORDER COOPERATION IN THE FIELD OF OPERATIONS RESEARCH AND SUSTAINABLE DEVELOPMENT IN CIVIL ENGINEERING

Technological and Economic Development of Economy ◽

10.3846/tede.2021.16112 ◽

2021 ◽

Vol 27 (6) ◽

pp. 1613-1639

Author(s):

Oleg Kapliński ◽

Tatjana Vilutienė

Keyword(s):

Decision Making ◽

Sustainable Development ◽

Operations Research ◽

Construction Management ◽

Operational Research ◽

Civil Engineering ◽

Multiple Criteria Decision Making ◽

Management Decision ◽

Management Decision Making ◽

Theory Application

The paper presents an overview of the history and achievements of trans-border cooperation in the Lithuania-Germany-Poland triangle in planning instruments in Construction Management, decision-making theory, application of Operational Research, and Multiple Criteria Decision Making (MCDM) methods in Civil Engineering and sustainable development. The cooperation and results of the Colloquiums with 35 years of tradition, their multidimensional nature is underlined. The research instruments, methods, studied phenomena are reviewed and characteristic applications in engineering and economics are presented. The knowledge and combined efforts of three academic centers have created a synergy which set in motion many original methods and spectacular implementations. The Colloquium calendar and the evolution of organizational forms are presented along with the inclusion of the informal EURO Working Group on Operations Research in Sustainable Development and Civil Engineering.

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Esg company ratings – the nature and features of formation

Galic'kij ekonomičnij visnik ◽

10.33108/galicianvisnyk_tntu2020.06.104 ◽

2020 ◽

Vol 67 (6) ◽

pp. 104-113

Author(s):

O. Tyvonchuk

Keyword(s):

Decision Making ◽

Sustainable Development ◽

Sustainability Assessment ◽

Corporate Sustainability ◽

Management Decision ◽

Rating Agencies ◽

Management Decision Making ◽

History Of ◽

Financial Decision ◽

Market Coverage

The article examines the essence of ESG ratings, the causes and history of their origin and dissemination. It has been found that sustainable development of the companies is in the interests of both investors, companies themselves and other stakeholders, as there is a clear positive correlation between commercial success, financial performance and the efforts of businesses to implement the principles of sustainable development. One of the important tools for evaluating the effectiveness of sustainable development of companies, their risks and potential opportunities in environmental, social and corporate governance spheres are ESG ratings, which provide the conversion of large amounts of information into assessments that can be used in management decision-making. It has been defined that ESG ratings are determined by more than one hundred specialized rating agencies and companies – providers of information and financial decision-making tools. The classification and characteristics of the main ESG ratings are presented. The proposed classification differentiates ESG ratings on such attributes as the level of coverage of companies; specialization; transparency of formation methodology; information used for ratings’ preparation; scale used to rank companies. Examination of the nine best in terms of quality and usefulness international ESG ratings (RobecoSAM Corporate Sustainability Assessment, Climate, Water & Forest Scores, Sustainalytics' ESG Risk Ratings, MSCI ESG Ratings, ISS ESG Governance QualityScore, ISS-Oekom Corporate Rating, Bloomberg ESG Disclosure Scores, FTSE Russell's ESG Ratings, Thomson Reuter's ESG Scores) and the first in Ukraine professional corporate sustainability rating Sustainable Ukraine allowed to establish that they differ significantly in algorithms of their formation, areas and indicators for companies’ assessment, sources of data used, etc., however, the common characteristics of the most authoritative ESG ratings are wide market coverage, transparency and correctness of the methodology used, experience and competence of specialists – developers of ratings.

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Modern Methods of Management Decision-Making in Entrepreneurial Structures Aimed at Sustainable Development in Conditions of Crisis

Vestnik Volgogradskogo gosudarstvennogo universiteta Serija 3 Ekonomika Ekologija ◽

10.15688/jvolsu3.2016.2.5 ◽

2016 ◽

pp. 43-51

Author(s):

Marina Glazova ◽

Keyword(s):

Decision Making ◽

Sustainable Development ◽

Management Decision ◽

Modern Methods ◽

Management Decision Making

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Centralization and Effectiveness of Reward Management in Multinational Enterprises

Journal of Personnel Psychology ◽

10.1027/1866-5888/a000195 ◽

2018 ◽

Vol 17 (2) ◽

pp. 55-65 ◽

Cited By ~ 1

Author(s):

Michael Tekieli ◽

Marion Festing ◽

Xavier Baeten

Keyword(s):

Decision Making ◽

Social Identity Theory ◽

Multinational Enterprises ◽

Role Identity ◽

Management Decision ◽

Role Identities ◽

Management Decision Making ◽

New Perspective ◽

Subsidiary Managers ◽

The Relationship

Abstract. Based on responses from 158 reward managers located at the headquarters or subsidiaries of multinational enterprises, the present study examines the relationship between the centralization of reward management decision making and its perceived effectiveness in multinational enterprises. Our results show that headquarters managers perceive a centralized approach as being more effective, while for subsidiary managers this relationship is moderated by the manager’s role identity. Referring to social identity theory, the present study enriches the standardization versus localization debate through a new perspective focusing on psychological processes, thereby indicating the importance of in-group favoritism in headquarters and the influence of subsidiary managers’ role identities on reward management decision making.

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