Strategic partnership as a factor in sustainable development and compliance adherence

• Дата: 2024
• Автори: Gonchar, V., Kalinin, O.
• Формат: Стаття
• Мова: English
• Опубліковано: Інститут економіки промисловості НАН України 2024
• Назва видання: Економічний вісник Донбасу
• Теми: Management
• Онлайн доступ: https://nasplib.isofts.kiev.ua/handle/123456789/203375
• Назва журналу: Digital Library of Periodicals of National Academy of Sciences of Ukraine
• Цитувати: Strategic partnership as a factor in sustainable development and compliance adherence / V. Gonchar, O. Kalinin // Економічний вісник Донбасу. — 2024. — № 4 (78). — С. 101-109. — Бібліогр.: 21 назв. — англ.

The article explores the role of strategic partnerships as a key factor in ensuring sustainable development and compliance adherence in the modern business environment. Given the increasing globalization and tightening regulatory oversight, companies are increasingly turning to strategic alliances as a mechanism for enhancing competitiveness, managing risks, and achieving long-term socio-economic objectives. The study analyzes how strategic partnerships contribute to balancing economic, environmental, and social aspects of organizational activities, facilitating adaptation to changes in the market environment, and implementing joint initiatives aimed at achieving Sustainable Development Goals (SDGs). At the same time, the growing compliance requirements at the international level necessitate the implementation of more transparent control mechanisms, ethical standards, and increased internal accountability in partnership interactions. The article reviews recent academic research confirming the significance of strategic alliances in achieving environmental compliance, improving corporate governance efficiency, and minimizing regulatory risks. A wide range of scientific methods, including analysis, synthesis, comparative analysis, deduction, and induction, were applied to ensure a comprehensive approach to studying the topic. The research findings indicate that strategic partnerships not only facilitate the integration of environmental, social, and corporate standards into business models but also play a crucial role in ensuring their long-term resilience. The authors propose mechanisms for improving partnership relations that will enhance compliance with international environmental standards, promote responsible management, and strengthen the reputation of companies in the global marketplace.