Volume 3, September, 2017
EMPIRICAL STUDY FOR RISK-CONTROLLING MECHANISM EFFICIENCY OF ECONOMICS SUSTAINABILITY MANAGEMENT
Svilen V. Simeonov
ABSTRACT - This paper examines an empirical study of the application of a risk-controlling mechanism to manage the economic sustainability of a manufacturing enterprise. The empirical study takes place in two consecutive time periods. This allows execution of comparative analysis and evaluation of the achieved effectiveness from the application of the risk-controlling mechanism. The evaluation of the achieved efficiency is done with quantitative and qualitative assessments. The article presents data from the conducted study and presents the obtained assessments. The assessments obtained reveal an increase in efficiency achieved in managing the economic sustainability of the production plant. Results of unstructured interviews are presented, revealing guidelines for improvement of the approved mechanism.
Keywords: pilot input, risk-controlling mechanism, economic sustainability, evaluation, effectiveness