SOCIO-ECONOMIC PERFORMANCE OF ECONOMIC ENTITIES IN THE CONTEXT OF INTEGRATING SUSTAINABLE DEVELOPMENT GOALS
Abstract
The article examines the role of the Sustainable Development Goals (SDGs) in shaping the socio-economic performance of economic entities amid the transformation of contemporary approaches to evaluating their efficiency. Attention is drawn to the limitations of traditional financial and economic performance indicators and the need to complement them with social and institutional parameters aligned with the principles of sustainable development. Socio-economic performance is interpreted as a multidimensional category that integrates economic, social, and institutional–managerial dimensions and is shaped through the integration of SDG into strategic decisions, organizational structures, and management practices of economic actors. The study substantiates a system of criteria for the comparative analysis of SDG integration, covering institutional, economic, social, and managerial aspects of organizational activity. It is shown that CSO achieve large-scale social impact, a high level of accountability, and systematic processes due to the institutionalized integration of SDG, the existence of programmatic documents, monitoring systems, and non-financial reporting. At the same time, it is established that their economic sustainability largely depends on external donor and grant resources, limiting the long-term autonomy of their operations. Social enterprises are characterized by flexible management models, higher levels of economic self-sufficiency, and adaptability, while their social impact is localized and personalized, formed through the combination of market mechanisms and a social mission. The study concludes that the models of civil society organizations and social enterprises are complementary and that integrating their approaches is promising for enhancing socio-economic performance and effectively implementing the SDG within the national economy.
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References
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