Clarifying the Principles of Sustainable Development of an Organization in the Context of an Emerging Economy
Year: 2025
Type: article
Abstract: The aim of this study is to clarify and justify the principles of sustainable organizational development at the current stage of Russia’s economic evolution. Using such methods like systematic analysis of academic literature and empirical data, as well as confirmatory factor analysis (CFA), the researchers identified and validated five fundamental principles forming the basis of corporate sustainable development: long-term orientation, integrated ESG management, multi-stakeholder value, crisis resilience, and adaptive innovation. Key aspects of implementing these principles were also outlined. The findings of the study can be applied by organizations in the development of long-term strategies, risk minimization, enhancement of competitiveness, and the establishment of balanced stakeholder relationships. They also offer a foundation for designing corporate policies aimed at achieving sustainable development goals.
Source: Management Sciences
Authors: I. N. Tkachenko, E. N. Tumilevich
Language: English
Subfield: Management of Technology and Innovation
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4414550399