Received: 2020-11-10  |  Accepted: 2021-01-15  |  Published: 2021-03-30

Title

The sustainable development of transport enterprises in the context of macroeconomic conditions. The case of Central and Eastern European countries


Abstract

The issue of sustainable development is critical in globalization, the rapid growth of the industry, technological progress, and climate change. Sustainable development is the realization of economic, social, and environmental goals. It requires all actors of socio-economic life, including enterprises, organizations, institutions, and countries. Sustainable development of an enterprise means improving the financial and property situation while taking care of employees and local communities' health and development and taking action to protect the natural environment. This paper aims to assess the impact of macroeconomic conditions on the sustainable development of transport enterprises in Central and Eastern European Countries (CEECs) in the period from 2008 to 2018. The selection of transport enterprises for the research sample is related to their high impact on economies in the analyzed countries, their significant negative impact on the natural environment. Moreover, transport enterprises play a vital role in the development of other economic sectors. The authors discuss the fundamental theoretical issues related to enterprises' sustainable development and the research result conducted in CEECs. The study results indicate a statistically significant relationship between the indicator of sustainable development and the hand of the macroeconomic condition in all analyzed countries. The highest correlation was observed in Romania, Hungary, and Slovenia, while the lowest in Croatia. The story of socio-economic development in surveyed countries plays a fundamental role in achieving sustainable development of transport enterprises.


Keywords

macroeconomic conditions, sustainable development, transport enterprises


JEL classifications

D22 , E10 , Q56


URI

http://jssidoi.org/jesi/article/777


DOI


Pages

226-247


Funding


This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Comporek, Michał
University of Lodz, Lodz, Poland https://www.uni.lodz.pl
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Kowalska, Magdalena
University of Lodz, Lodz, Poland https://www.uni.lodz.pl
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Misztal, Anna
University of Lodz, Lodz, Poland https://www.uni.lodz.pl
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Journal title

Entrepreneurship and Sustainability Issues

Volume

8


Number

3


Issue date

March 2021


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

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References