Strategic Partnership as a Factor in Sustainable Development and Compliance Adherence
Journal: Quarterly Scientific Journal "Economic Herald of the Donbas" (Vol.78, No. 4)Publication Date: 2024-12-20
Authors : Gonchar V. Kalinin O.;
Page : 101-109
Keywords : strategic partnership; sustainable development; compliance; corporate governance; environmental responsibility; regulatory requirements; social responsibility; business strategies;
Abstract
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.
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