Classification and prioritization of stakeholders’ information requests according to Sustainable Development Goals: case of cross-sector partnership in Ukrainian food production industry

Sukhonos, Viktor Volodymyrovych; Makarenko, Inna; Serpeninova, Yuliіa; Qasimova, Gunay

doi:10.21511/ppm.16(4).2018.12

Cited by 12 publications

(4 citation statements)

References 16 publications

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“…A recent global survey found that integrating CE application into business can boost innovation, help companies become more efficient and competitive in many areas such as resource management, product development, and production processes (WBCSD, 2018). From the social aspect, within internal (Penz & Polsa, 2018;Sukhonos et al, 2018) and external (Padilla-Rivera et al, 2020) stakeholder participation, CE adoption plays an important role in addressing problems that arise from business operational activities as acceptable, transparent, and multi-orientation ways that enable innovation for circularity. The implementation of CE framework that focuses on environmental improvement made good business and business increasingly use CE as their strategic approach (Donner & de Vries, 2021;PWC, 2015).…”

Section: Introductionmentioning

confidence: 99%

Strategy on circular economy transition: A case study of agrocompany in Indonesia

Tumuyu,

Marthalia

2023

J. Infras. Policy. Dev.

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The Circular Economy (CE) concept has been recognized as the core strategy that can support sustainable business through technological innovation that enables CE transition by focusing on resource savings. This case study conducts research on business strategy in achieving CE transition in an agroindustry company, by performing SWOT analysis to assess internal and external factors. The SWOT model provides valuable results that an effective strategy could maximize strengths and opportunities, minimize weaknesses and threats in business by boosting circularity on business-critical factors. The CE adoption by agroindustry company mostly focuses on efficient organic waste management, energy-efficient production, and production process. This study case reveals that while technology plays a significant role in advancing CE, there is still a significant need to pay attention to the social aspect in supporting the creation of worker-owned cooperatives by creating space for employee involvement in finding innovations and adopting technology in business transition into CE process. Social innovation through the involvement of employees by sharing CE vision, synergizing and optimizing internal potential, and building up the green innovation culture has created an internal conducive climate to put CE principle into practice. Further result shows that a labor-intensive company’s business strategy prioritizes employment and job security over maximizing profits, which directly leads to the economic welfare and social protection of the business operation that makes an inclusive business.

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Section: Introductionmentioning

confidence: 99%

Strategy on circular economy transition: A case study of agrocompany in Indonesia

Tumuyu,

Marthalia

2023

J. Infras. Policy. Dev.

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“…The scientific community has made a significant progress in identifying corporate competitive strategies [1][2][3][4][5][6][7] and instruments of company activities' ecologization [9][10][11]. A number of authors noticed that company's competitiveness results from providing socioeconomic macro-level policy [12][13][14][15][16][17][18][19][20]. A significant number of scientific schools investigate the features of energy policy and the ways and mechanism of implementing renewables [21][22][23][24][25][26][27][28][29].…”

Section: Introductionmentioning

confidence: 99%

Key indicators of green competitiveness: the EU and Ukraine’s performance

2021

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Implementation of the Global Sustainable Development Goals 2030 highlights the necessity to accelerate the dynamic processes of changing traditional approaches to doing business, favouring environmentally friendly and responsible ones. The article aims to research the structural environment of developing green competitiveness on the global level. The paper used the methods of structural analysis to determine the main drivers of forming green competitive advantages, correlation analysis for measuring links between the global sustainable competitiveness and countries’ GDP per capita. The authors emphasise the country's level of green competitiveness described by the Global sustainable competitiveness index. The paper investigated the ability of Ukraine to generate competitive advantages by analysing key determinants connected with natural capital, resource intensity, intellectual capital, social cohesion, and governance compared to the world level. The analysis of the essential components of green competitiveness showed a significant number of organisational and economic prerequisites for its formation and improvement. The impacts of sustainable competitiveness on GDP increases over time. In that context it is essential to decide on economic and management policies following the promotion of green competitiveness results. The findings could be used for improving a basis for creating strategies for green competitiveness promotion on the countries’ level.

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“…The 2030 Agenda for Sustainable Development, adopted by the UN member states in 2015, is gradually forming the general trend of conducting economic research on achievement of the goals defined in the document, some researchers also considered the issue of ensuring sustainability financial performance of agriculture companies and analyzed its determinants (Wei et al, 2017;Sukhonos et al, 2018;Sokil et al, 2020;Makarenko et al, 2021;Alrowwad et al, 2022).…”

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confidence: 99%

Financial performance determinants of Ukrainian agricultural companies in the pre-war period

Lehenchuk,

Raboshuk,

Zhyhlei

et al. 2023

Agric. resour. econ.

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Purpose. The purpose of the article is to identify the determinants of the financial performance of agricultural companies in Ukraine in the pre-war period. Methodology / approach. Panel data regression analysis, carried out using the GRETL software, was used as a research method. The financial statements of thirty Ukrainian agricultural companies over the defined period 2015–2021 were selected to be data for analysis. Three models were constructed in the article based on the use of three different dependent variables (Return on Assets, Return on Equity, Return on Sales) and seven independent variables (Current Ratio, Capital Intensity, Export Intensity, Leverage, Size, Dummy variable for agricultural sub-sectors, Dummy variable for location). The selection of the mentioned independent variables was logically substantiated by the structure of the financial reports of the Ukrainian agricultural companies and analytical system “You Control”. Results. The study of the determinants of financial performance of the agricultural companies is a widespread area of research among academicians, however, is characterized by quite controversial results. Some of these conclusions were refuted, but certain results were confirmed on the example of Ukrainian enterprises. The results of the panel regression analysis with respect to Models 1-3, partially are in contradiction with the conclusions of other studies regarding the impact of the determinants on the financial performance of agricultural companies. None of the chosen independent variables has a significant effect on all the dependent variables as investigated in the article, namely ROA, ROE, and ROS. This confirms the formulated in the study hypothesis regarding the availability of a unique set of financial performance determinants for agricultural enterprises for each individual country. The independent variables used in the study have the most significant impact on ROA. Primarily, ROA is significantly affected by CAPI (5 % level), EXPI (10 % level), and DVL (5 % level). The results obtained confirm a need for improving regional support and ensuring an access to capital for agricultural enterprises in Ukraine. Originality / scientific novelty. The originality of the conducted research lies in the study of a set of factors that influenced the financial condition of Ukrainian agrarian companies in the pre-war period, considering the peculiarities of the Ukrainian agrarian sector of the economy. Practical value / implications. Investors and financial institutions can benefit from the research results. By recognizing which factors have the most significant impact on financial performance, they can make more informed decisions when considering investments in Ukrainian agricultural companies. Understanding which factors influence financial performance can help in risk management for both agricultural companies and financial institutions.

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Classification and prioritization of stakeholders’ information requests according to Sustainable Development Goals: case of cross-sector partnership in Ukrainian food production industry

Cited by 12 publications

References 16 publications

Strategy on circular economy transition: A case study of agrocompany in Indonesia

Strategy on circular economy transition: A case study of agrocompany in Indonesia

Key indicators of green competitiveness: the EU and Ukraine’s performance

Financial performance determinants of Ukrainian agricultural companies in the pre-war period

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