Modelling the factors of a company’s sustainable development

Danguolė Oželienė

Doctoral dissertation

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Challenges encountered during the modelling of company’s sustainable development are examined in the doctoral thesis. Issues experienced by individual companies are highly significant as sustainable development of a country or a region is unimaginable without an input from individual companies. Following the principles of sustainability and its integration into activities of already operating or newly established companies would grant opportunities to create novel products or gain access to new markets particularly those continuously demonstrating a growing demand for eco-friendly goods. The research object is the factors influencing company’s sustainable development. The aim of the dissertation is to design a model of company’s sustainable development in which the elements and factors defined by contents of earch sustainable development dimension would be incorporated and subsequently such model could be employed by companies pursuing development in a sustainable manner additionally making a contribution to implementation of the global goals of sustainable development.

This dissertation consists of the introduction, three chapters, general conclusions and 8 annexes.

The first chapter analyses the definitions of sustainable development and its semantic interpretations. It also entails problematic aspects of the concept, theories supporting company’s sustainable development. The need to choose development in sustainable manner is extensively justified alongside its direct benefits to the companies. The necessity for a novel model is discussed as well. Second chapter starts of justification of modelling method selection. Every dimension is scrutinized highlighting its principal components that have an impact on sustainable development. Chapter provides designed models for every of five analysed dimensions and a model for company's sustainable development as a construct of those five dimensions. Third chapter contains empirical research methodology of the model for company‘s sustainable development which is presented in three stages: introduction, execution of research and final outcomes. Expert evaluations were included to determine the significance of the criteria. Empirical analysis was conducted in Lithuanian companies using structural interview method. The research data is mathematically processed using the Simple Additive Weighting method (SAW), which enables to combine the factors of all dimensions of sustainable development into one generalized estimation, which then determines the level of sustainable development of the enterprises. The results of empirical research substantiate the applicability of corporate sustainable development model as a five-dimensional model in business enterprises.

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184 p.
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