Economic Analysis: Theory and Practice
 

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Methodological approaches and tools to analyze the sustainable development of a company

Vol. 18, Iss. 9, SEPTEMBER 2019

Received: 10 June 2019

Received in revised form: 10 July 2019

Accepted: 25 July 2019

Available online: 30 September 2019

Subject Heading: INTEGRATED ECONOMIC-SOCIO-ECOLOGICAL ANALYSIS

JEL Classification: C51, C81, D01, M14, O12

Pages: 1667–1686

https://doi.org/10.24891/ea.18.9.1667

Zenkina I.V. Financial University under Government of Russian Federation, Moscow, Russian Federation
zenkina_iv@mail.ru

ORCID id: not available

Subject The article addresses methodological approaches and tools for integrated analysis of sustainable development of organizations that are aligned with the tasks of qualitative justification and evaluation of decision implementation to achieve environmental and corporate social responsibility coupled with management efficiency and economic performance.
Objectives The aim is to define methodological tools for the analysis of organization's sustainable development to ensure high quality of its implementation and clarify sustainable development criteria.
Methods The research draws on analysis and synthesis, generalization, comparison, abstraction, analogy, and historical, logical and systems approaches.
Results I offer priority directions and disclose the main stages of integrated analysis of organization’s sustainable development. The paper generalizes findings on methodological approaches to the analysis of stakeholders, formulates criteria for organization’s sustainable development that are ranked depending on progress, gives reasons for an approach to assess the level of sustainable development on the basis of predefined criteria, which are implemented in the sustainable development maturity matrix.
Conclusions My conclusions and proposals are focused on evaluation of organization's performance in terms of its compliance with the interests and expectations of stakeholders, the conformity of its strategy with goals and objectives in the field of sustainable development, and on the progress towards the goals and achievement of key performance indicators by each component of sustainable development.

Keywords: sustainable development, stakeholder analysis, sustainable development analysis tool, maturity matrix

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