Determination of economic indicators in the context of corporate sustainability performance

Simple item page
dc.contributor.authorPavláková Dočekalová, Mariecs
dc.contributor.authorKocmanová, Alenacs
dc.contributor.authorKoleňák, Jiřícs
dc.coverage.issue1cs
dc.coverage.volume16cs
dc.date.accessioned2021-09-02T10:54:03Z
dc.date.available2021-09-02T10:54:03Z
dc.date.issued2015-03-31cs
dc.description.abstractThis article is focused on determination of the most significant economic indicators influencing corporate sustainability performance. Corporate sustainability performance is a multidimensional concept based on the original idea of sustainable development, replacing the traditional understanding of corporate performance only as capital appreciation for owners (shareholders). Compared to the original concept of sustainable development which consists of environmental, social and economic performance, the so-called triple-bottom-line, it is broaden to the responsibilities and the impact of Corporate Governance on the corporate performance. The basic set of economic indicators has been constructed from a synthesis of resources developed by international organizations (Global Reporting Initiative, International Federation of Accountants) and research among manufacturing companies in the Czech Republic. The basic set of twenty-five key indicators is divided into seven groups: Costs, Investments, Economic Results, Asset & financial resources utilization, Suppliers reliability, Penalties and R&D expenses. Basic set of indicators was presented to 23 top-managers who quantified the potential effect of each indicator to the success and sustainability of their companies. Through the methods of descriptive statistics knowledge of the particularities of each indicator was obtained. Correlation analysis and factor analysis were applied in order to eliminate information duplicity and dimensionality reduction. The result is a reduction in the number of economic indicators, so that the loss of information on the influence of the original indicators on the corporate sustainability is minimized. Corporate sustainability indicators are a tool for measuring and managing progress towards sustainability goals and environmental, social and economic impacts.en
dc.formattextcs
dc.format.extent15-24cs
dc.format.mimetypeapplication/pdfcs
dc.identifier.citationBusiness: Theory and Practice. 2015, vol. 16, issue 1, p. 15-24.en
dc.identifier.doi10.3846/btp.2015.450cs
dc.identifier.issn1648-0627cs
dc.identifier.other114005cs
dc.identifier.urihttp://hdl.handle.net/11012/201394
dc.language.isoencs
dc.publisherVilnius Gediminas Technical Universitycs
dc.relation.ispartofBusiness: Theory and Practicecs
dc.relation.urihttps://journals.vgtu.lt/index.php/BTP/article/view/8296cs
dc.rightsCreative Commons Attribution 4.0 Internationalcs
dc.rights.accessopenAccesscs
dc.rights.sherpahttp://www.sherpa.ac.uk/romeo/issn/1648-0627/cs
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/cs
dc.subjecteconomic indicatorsen
dc.subjectcorporate sustainability performanceen
dc.subjectfactor analysisen
dc.subjectCzech Republicen
dc.titleDetermination of economic indicators in the context of corporate sustainability performanceen
dc.title.alternativeDetermination of economic indicators in the context of corporate sustainability performancecs
dc.type.driverarticleen
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen
sync.item.dbidVAV-114005en
sync.item.dbtypeVAVen
sync.item.insts2021.09.02 12:54:03en
sync.item.modts2021.09.02 12:14:47en
thesis.grantorVysoké učení technické v Brně. Fakulta podnikatelská. Ústav ekonomikycs
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
8296Article Text1962311020190204.pdf
Size:
225.02 KB
Format:
Adobe Portable Document Format
Description:
8296Article Text1962311020190204.pdf
Download
Collections
Ústav ekonomiky