Enterprises’ economic sustainability assessment on the basis of performance indicators Cover Image

Визначення рівня економічної стійкості підприємств на основі показників ефективності
Enterprises’ economic sustainability assessment on the basis of performance indicators

Author(s): Oleh Hlushko, Inna Gryshova, Maryna Shсherbata
Subject(s): Business Economy / Management
Published by: Institute of Society Transformation
Keywords: Evaluation; Economic Stability; Effectiveness; Enterprises

Summary/Abstract: A permanent crisis is stimulated by the development oriented on economic sustainability of engineering enterprises. The article describes the practicalities related to calculation methods of engineering enterprises’ economic stability with regard to complex changes in financial and integrated indicators. The economic stability assessment involves different techniques, methods and tools, in particular a single quantitative and qualitative indicators calculation, standardisation and aggregation of individual indicators within the economic stability components, construction of the indicator of the economic stability of enterprises and interpretation of the integrated indicator of economic stability. We have adapted analytical tools, in particular a variety of single indicators in the financial components of economic sustainability and calculated the integrated index for engineering enterprises. The data obtained for single indicators allowed us to identify the change of main financial indicators for the analysed period and contribute for identification the destabilizing factors’ influence. A list of the economic stability components (financial, organisational, technological, marketing, logistic and innovational) has made it possible to calculate this category from a comprehensive perspective. The list of coefficients of each economic stability component and mathematically grounded methodology for indicators’ standardisation ensured the objectivity and comparability of the assessment results. The assessment results relevant to the selected machine building companies have been determining the overall economic stability level. We have identified threats which may cause ineffectiveness of enterprises and analysed ways to ensure a high level of their efficiency and stability. The conclusions are focused on the inefficient functioning of the marketing and logistic components.

  • Issue Year: 155/2015
  • Issue No: 11-12
  • Page Range: 82-86
  • Page Count: 5
  • Language: Ukrainian