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Management Science Letters

ISSN 1923-9343 (Online) - ISSN 1923-9335 (Print)
Quarterly Publication
Volume 11 Issue 2 pp. 391-400 , 2021

Efficiency evaluation of a socially responsible enterprise Pages 391-400 Right click to download the paper Download PDF

Authors: Dymytrii Grytsyshena, Olga Rudenkob, Valerii Nonika, Larysa Sergiienkoa, Olena Baryshnikovac

DOI: 10.5267/j.msl.2020.9.030

Keywords: Social responsibility, Efficiency, Enterprises, Model

Abstract: The article aims to develop a model for efficiency evaluation of a socially responsible enterprise. It is established that social responsibility is now effectively implemented at enterprises to increase their competitiveness level, ensure the efficiency of business processes and improve the quality of prod-ucts or services. A model for efficiency evaluation of a socially responsible enterprise is proposed. An expert evaluation was conducted, which consisted of importance evaluation of the stakeholders’ inquiries and efficiency evaluation of socially responsible activities is conducted by the business en-tity. It is proposed to calculate the stakeholders’ interests’ priority level by using the document “The stakeholders' interests’ priority level evaluation”, which allows obtaining full compliance with GRI and ISO 26000 standards. It is established that it is obligatory to adjust the weight part of the enter-prise calculated efficiency indicator, given by experts, to their priority level. It was also found that the activity of the enterprise was inefficient.

How to cite this paper
Grytsyshena, D., Rudenkob, O., Nonika, V., Sergiienkoa, L & Baryshnikovac, O. (2021). Efficiency evaluation of a socially responsible enterprise.Management Science Letters , 11(2), 391-400.

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Journal: Management Science Letters | Year: 2021 | Volume: 11 | Issue: 2 | Views: 1554 | Reviews: 0

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