+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Financial Analytics: Science and Experience
 

Analyzing an impact of efficiency of the supply chain on corporate sustainable development

Vol. 9, Iss. 47, DECEMBER 2016

PDF  Article PDF Version

Received: 22 November 2016

Received in revised form: 9 December 2016

Accepted: 14 December 2016

Available online: 25 December 2016

Subject Heading: ECONOMIC AND STATISTICAL RESEARCH

JEL Classification: C12, C51, L66, M21, Q01

Pages: 2-18

Efimova O.V. Financial University under Government of Russian Federation, Moscow, Russian Federation
oefimova2002@mail.ru

Kozlova E.A. Financial University under Government of Russian Federation, Moscow, Russian Federation
kozlova.elena.an@gmail.com

Importance The research examines what impact sustainable development factors of supply chain have on general efficiency and corporate development.
Objectives The research analyzes how the efficiency of supply chain influences corporate development.
Methods The methodological framework includes formal logic, systems approach and analysis of statistical data, and expert assessments and designs of the mathematical model.
Results As the research proves, if sustainable development principles are integrated into the supply chain, they will increase its efficiency, influencing corporate operations in sustainable development. We identified and systematized requirements to disclosures on the supply chain in financial statements and provided our advice on the improvement of indicators, evaluated the significance of implementing sustainable supply chain for various companies. We designed a model verifying that efficiency of the supply chain increased and had a positive effect on corporate operations when operations of the supply chain complied with sustainable development requirements.
Conclusions and Relevance Drawing upon economic, environmental and social aspects, the entity may win a number of competitive advantages. The reliable supply chain will create, maintain and increase environmental, social and economic value for all interested parties in the long-run. The findings can be used to take reasonable managerial decisions when sustainable chains are integrated and managed, and sustainable development principles are handled.

Keywords: supply chain, sustainable development, efficiency, business

References:

  1. Kates R.W., Parris T.M., Leiserowitz A.A. What is Sustainable Development? Goals, Indicators, Values, and Practice. Environment: Science and Policy for Sustainable Development, 2005, vol. 47, iss. 3, pp. 8–21.
  2. Ciegis R., Ramanauskiene J., Martinkus B. The Concept of Sustainable Development and its Use for Sustainability Scenarios. Engineering Economics, 2009, vol. 20, iss. 2, pp. 28–37.
  3. Efimova O.V. [The paradigm of sustainable development: aspects of the information and analytical framework]. Innovatsionnoe razvitie ekonomiki = Innovative Development of Economy, 2013, no. 1, p. 22–30. (In Russ.)
  4. Nikiforova N.A. [Analyzing non-financial results of corporate performance]. Upravlencheskii uchet = The Management Accounting Journal, 2014, no. 10, pp. 48–53. (In Russ.)
  5. Berns M., Townend A., Khayat Z. et al. Sustainability and Competitive Advantage. MIT Sloan Management Review, 2009, vol. 51, no. 1.
  6. Barilenko V.I. Aktual'nye problemy razvitiya bizness-analiza v usloviyakh orientatsii na innovatsionnyi put' razvitiya: monografiya [Current issues of business analysis development and innovation-driven development: a monograph]. Moscow, Financial University Publ., 2012, 196 p.
  7. Efimova O.V. [Sustainable development report as a new form of corporate reporting]. Auditorskie vedomosti = Audit Journal, 2014, no. 8, pp. 36–47. (In Russ.)

View all articles of issue

 

ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

Journal current issue

Vol. 17, Iss. 1
March 2024

Archive