Danubius International Conferences, 13th International Conference The Danube - Axis of European Identity

Principles of Formation and Functions of the Mechanism of Sustainable Development of Enterprises of the Danube Region

Olena Yakovenko, Iryna Murashko
Last modified: 2023-06-21


A necessary condition for overcoming crisis phenomena in the economy of Ukraine is the effective functioning and sustainable development of enterprises, which can be ensured by an effective mechanism. The mechanism of sustainable development is based on a system of principles, and the practical implementation of the tasks of the mechanism of sustainable development of the enterprise is carried out through the implementation of functions. In the article, a study of the principles of the formation of the mechanism of sustainable development was conducted, on the basis of which their classification was developed. The functions of the mechanism of sustainable development in their relationship with the functions of management were also investigated.