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Exogenous stability and sustainable development of energy enterprises in the V4

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Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Purpose: The paper's main aim is to assess the impact of macroeconomic, social and environmental stability on the sustainable development of energy enterprises in the Visegrad Group (V4: the Czech Republic, Hungary, Poland and Slovakia) from 2008 to 2020. Design/methodology/approach: To assess a statistically significant relationship, we use the correlation coefficients, the Ordinary Least Squares and the Seemingly Unrelated Regression method. Findings: The research results indicate that macroeconomic, social and environmental stability have a statistically significant impact on the sustainable development of the energy sector. Research limitations/implications: The sample size is small for any generalization. A mixed method approach in the future could contribute to a holistic finding. Practical implications: It is recommended to coordinate macroeconomic, social and environmental policies to achieve positive results in the energy sector. Renewable energy and green energy sources can play a pivotal role here. Originality/value: This paper fills the research gap regarding assessing the impact of macroeconomic, social and environmental stability on the sustainable development of the energy sector in the V4 countries; this is important for the policies of countries experiencing political transformation. Moreover, the energy sector is important for countries' national security in the current geopolitical conditions related to the raw materials crisis and the war in Ukraine.
Rocznik
Tom
Strony
293--318
Opis fizyczny
Bibliogr. 67 poz.
Twórcy
  • Faculty of Economics and Sociology, University of Lodz
autor
  • Faculty of Economics and Sociology, University of Lodz
  • Faculty of Economics and Sociology, University of Lodz
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Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-2ba11cbf-3e6b-47e5-8920-2e07fb15922d
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