scholarly journals CORRELATIONS BETWEEN FINANCIAL INDICATORS OF COMPANIES AND SUSTAINABLE DEVELOPMENT INDICATORS

2021 ◽  
Vol 30 (30 (1)) ◽  
pp. 195-202
Author(s):  
Ioana Crăciun (Timofei) ◽  
Diana Sabău-Popa ◽  
Réka Lakatos-Fodor

One of the main objectives of sustainable development is to improve living standards and obtain a friendlier business environment, by increasing their competitiveness and performance and the main goal of companies are to achieve a productive activity that ensures their short-term success, but also to pay attention to long-term survival. This analysis was performed to assess the influence of financial indicators of companies and their contribution on the sustainable development of the North-West region of Romania. The research follows the evolution of sustainable development and financial indicators of the sample of 37 companies listed on the BSE, with data collected from 2008-2019, covering the following sectors according to their BSE classification: manufacturing, trade, hotels, construction. In this paper is used both qualitative and quantitative research methods. Among the qualitative research methods used it can be mentioned: observation, comparison and analysis of data. The econometric analysis is based on the estimation of a panel data regression technique and the decision between the random effects model and the fixed effects model was based on the Hausman test. The microeconomic indicators used to analyse the connection with the indicators of sustainable development of the North-West region of Romania are turnover, net profit and the average number of employees used as independent variables and the indicators selected based on information provided by the National Institute of Statistics for the North-West region, called Territorial Sustainable Development Indicators, are the following: Regional Gross Domestic Product, GDP per inhabitant, economically active population, the employment rate of the working age population, the job vacancy rate and the unemployment rate used as dependent variables. The results of the correlation analysis of the parameters showed a weak, insignificant influence between the financial indicators and the sustainable development indicators, the observed data do not allow the identification of a valid linear model.

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.


Author(s):  
Katarzyna Osiecka-Brzeska

The Paper examines legal and financial tools which are used in Poland to succor the development of energy from renewable resources. In the first part a definition of sustainable development is given and the short history of this idea is shown. Then the concept of Sustainable energy is introduced. The second part describes main policies of European Union on sustainable policy and the Polish Legal System on Renewable Energy is described. The fifth part of the paper analyzes the sustainable development indicators provided by Eurostat for the energy produced from renewable resources. there are 6 indicators analyzed. In the end the forecasts for the development of RES in Poland is given. There are clues for development of different technologies in different provinces of Poland. There are also forecasts for the development of the renewable energy market in Poland.


2016 ◽  
Vol 7 (1) ◽  
pp. 28-40 ◽  
Author(s):  
Dimitrios Paraskevadakis ◽  
Alan Bury ◽  
Jin Wang ◽  
Jun Ren ◽  
Stephen Bonsall ◽  
...  

Abstract In the North West of England the issue of a perceived infrastructure gap is of increasing concern. Investment needs to be made to improve the transport infrastructure of the region if it is to be expected to promote the development of its own regional logistics gateway. Funding tools have been set up to address the challenges arising from the imbalance in infrastructure development that exists between regions in the north of the United Kingdom and those in the south. For regions with well developed economies the outlook is promising as the availability of modern transport infrastructure looks set to improve. However, some sources believe that the development of new transport infrastructure will have a negative impact upon sustainable development. It is expected that this will occur in a range of both direct and indirect ways. As a result, it is critical that planning for the creation of new intermodal transport infrastructure, or the upgrading of that which already exists, takes into account the impact that these developments will have on the sustainable development of the host region. A scenario based development methodology is proposed in this paper. It was developed to provide a way to identify potential scenarios that may arise within a given region as a result of transport infrastructure projects. To create significant scenarios the methodology is dependent on the availability of a sufficient quantity of quality data. For this paper that data was collected through a focus group composed of stakeholders from the region in question. This was further supported by the performance of an impact survey using the same group of stakeholders.


2017 ◽  
Vol 62 (9) ◽  
pp. 26-42
Author(s):  
Katarzyna Cheba

The purpose of the article is to analyse the uniformity of changes over time concerning sustainable development of the European Union. Such analyses are particularly important as the pursuit of sustainable development of the EU countries is one of its strategic developmental objectives. The informational basis of the study were the sustainable development indicators for the years 2009—2014 published by the Eurostat. Vector calculus was used to examine the uniformity of changes. The results of the analysis confirmed significant differences in, both across regions in Europe and EU member countries.


Author(s):  
V. FAUZER ◽  
A. SMIRNOV ◽  
T. LYTKINA

The article describes the transition of countries and regions to the Concept of Sustainable Development, analyzes the basic UN documents that define the concept and criteria of sustainable development. Demographic indicators highlighted from international systems of sustainable development indicators. They are complemented by indicators that reflect the degree of demographic problems in the Russian North. All northern regions are ranked by the degree of demographic sustainability: critical, low, medium, high. The text concludes that the integral index of demographic sustainability is a new tool for managing the sustainable development of regions


2021 ◽  
Vol 13 (4) ◽  
pp. 1655
Author(s):  
Daniela Ribeiro ◽  
Matija Zorn

The purpose of this study was to identify the influence of karst landscape on the sustainable development of the Bela krajina region, southeast Slovenia. In order to better understand the influence of karst landscape on sustainable development we used three approaches: (1) the Karst Disturbance Index, (2) a quantitative analysis by using sustainable development indicators and (3) a qualitative analysis using structured interviews. The Karst Disturbance Index classified the degree of disturbance in Bela krajina as low. According to sustainable development indicators we found differences in the structure related to economy, population and environment within the region. And, according to the qualitative analysis, the negative impacts of the karst landscape on sustainable development are mainly associated with hampered agriculture and the positive with tourism; thus, karst landscape cannot only be seen as a limiting factor, since it also has development potential. Regional development in karst areas should therefore be adapted to their specificities and take into account their vulnerability.


2011 ◽  
Vol 12 (1) ◽  
pp. 50-62 ◽  
Author(s):  
Manuela Tvaronavičienė ◽  
Toma Lankauskienė

The aim of this article is to evaluate impact of FDI on sustainable development indicators of differently developed countries during two periods of time: a time span before (2000−2007) and a time span embracing the global economic crisis period (2000–2009). Reviewed ample supply of relevant scientific literature made a presumption to arise that the impact of FDI differs in developed, developing and underdeveloped countries, i.e. depends on the level of development: developed countries benefit most, developing less and underdeveloped least. Countries are attributed to respective groups according to their level of development and indicators are chosen for investigation. The following indicators capable of reflecting FDI impact on enhancing wellbeing in unevenly developed countries are: GDP, exports, inflation, population, life expectancy at birth, primary school pupils, infant mortality, total health expenditure per capita, total tax rate, internet users, residential consumption of electricity , and differences between developed and underdeveloped countries in the field of economic, social, business environment are taken into account. Several other hypotheses have been formulated and FDI impact on sustainable development indicators has been estimated with the help of empirical research in order to test the initial presumption. Obtained results enabled to compare peculiarities of FDI performance during two periods of time.


Author(s):  
M. M. Bogeanu-Popa ◽  
M. Man

This paper aims at establishing the elements of sustainable development in the accounting of the economic entities. Emphasis is placed on the principles of sustainable development both in the national context and in the European space. The entities’ approach to integrating the requirements of sustainable growth into the accounting model has long been debated since the consumed natural resources are not to be found distinctly in the accounting records of the entity. The debate on this topic is carried out through specific instruments in the form of sustainable development indicators. Thus, in this paper, macroeconomic elements are promoted and, through their compositions, they integrate as many elements of the sustainable development into the accounting model and they are the most appropriate to meet the requirements of the development.


2020 ◽  
Author(s):  
Dana Corina Deselnicu ◽  
Beatrice Alexandra Alexandrescu

Sustainable development aims for a better future for us and future generations. To follow it, the 2030 Agenda for Sustainable Development was developed, which proposes, through its 17 objectives, the intervention directions. The 2030 Agenda was adopted by both Romania and the EU. Each objective is represented by a set of indicators. The objective of the paper is the comparative analysis of the most important indicators of sustainable development in EU and Romania. In this paper, the main indicators of sustainable development at EU level were analyzed. Subsequently, the same indicators were investigated in Romania, to perform a comparative analysis. The research used secondary data. Romania's declared objective is to be a regional leader in implementing Sustainable Development goals. Based on the results obtained on data available in 2020, a set of recommendations was developed to reach the proposed target for 2030. Analyzing the sustainable development indicators for EU and Romania against the new EU 2030 Agenda. The paper provides an overview of the Sustainable development of Romania. Its main indicators are compared against the values at EU level, resulting in relevant recommendations that can be implemented to meet the goals of EU 2030 Agenda.


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