Decomposition of the modern enterprise balanced development ensuring's problem in stakeholder theory context

  • Valentina Khobta Donetsk National Technical University, Pokrovsk, Ukraine
  • Irene Kladchenko Donetsk National Technical University, Pokrovsk, Ukraine
Keywords: corporate social responsibility, stakeholders’ balance of interests, sustainability, balanced development, decomposition of complexity

Abstract

The paper deals with urgent problems of enterprise’s sustainable development in terms of finding balance between social responsibility, ecological sustainability and economic viability. A modern organization operates in a complicated environment, being characterized with higher degree of social accountability and strict ecological limits. According to this, complexity and multitasking of ensuring balanced development of an enterprise are stressed in the article. A hidden connection between sustainable development and interests balance of company’s stakeholders is highlighted. Based on the advantages of T. Saaty’s AHP approach for solving complicated problems, a five-level hierarchy is formed. The presented decomposition gives the hierarchic understanding, concept and structure of process of ensuring balanced development of an enterprise. A mathematical and graphic description of the impact of each of the separated levels of the problem focus is made.

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Published
2019-02-28
How to Cite
Khobta, V., & Kladchenko, I. (2019). Decomposition of the modern enterprise balanced development ensuring’s problem in stakeholder theory context. Research Papers in Economics and Finance, 3(1), 17-26. https://doi.org/10.18559/ref.2018.1.2
Section
Articles