“…Recognition of the reciprocal relationship between conventional performance measures and QOL indicators (Uysal & Sirgy, 2019) leads to a constant interest in QOL research and related indicators of socio-economic development at different levels. Such studies constantly confirm the links with the performance of enterprises and industries ( Cernevi ci ut_ e et al, 2019;Eslami et al, 2018), GDP and related indicators of well-being at the national level (Bilan et al, 2020;Kharazishvili et al, 2019;Malay, 2019;Mishchuk & Grishnova, 2015;Oliinyk et al, 2021) and the regional level ( Ci zo et al, 2020;Horsk a et al, 2019;Kisel ' akov a et al, 2018;Mazzanti et al, 2020). Being the components of social security assessment system, these factors are in fact a prerequisite for achieving social security (Akimova et al, 2020;Mishchuk et al, 2020) and personal well-being, especially in terms of ageing (Wang et al, 2021).…”