Composite assessment of the economic performance of circular transformation performance in industrial enterprises in the economy – environment – society dimension

Authors

DOI:

https://doi.org/10.15587/2706-5448.2026.359334

Keywords:

circular transformation, economic performance, economic development, innovation potential, enterprise competitiveness, digitalization

Abstract

The object of research is the economic effectiveness of the processes of circular transformation of industrial enterprises. The problem lies in the absence of an integrated enterprise-level approach that would make it possible to identify of inter-block imbalances, ensure analytical consistency of indicators, and strengthen the basis for managerial decision-making.

The paper provides a comprehensive assessment of circular transformation performance in industrial enterprises in the economy – environment – society dimension.

A composite CEI-360 index is proposed, combining a harmonized system of indicators, fixed min-max normalization, block weighting, and aggregation with limited inter-block compensability. In addition, a structural-balance coefficient is introduced to distinguish the overall level of effectiveness from the consistency of change across the economic, environmental, and social dimensions.

The empirical basis is panel data for five Ukrainian industrial enterprises from different industries for 2015–2025 using scenario modeling for 2026–2030. The results showed growth in 2015–2021, a systemic decline in 2022 (–15.7%) and a further differentiated recovery in 2023–2025 exceeding the 2021 level. The scenario analysis confirmed the stable advantage of the circular-cluster development trajectory over the inertial one (up to +0.108 CEI-360 points in 2030).

The originality of the research lies in the development of an integrated tool for assessing circular transformation performance with explicit consideration of structural consistency across dimensions. The practical significance of the findings lies in using the framework for strategic diagnostics, benchmarking, monitoring of dynamics, and substantiating managerial decisions on the priorities of circular enterprise development.

Author Biographies

Stanislav Suslikov, National Technical University “Kharkiv Polytechnic Institute”

PhD, Associate Professor

Department of Business Economics and International Economic Relations

Volodymyr Kuchynskyi , National Technical University “Kharkiv Polytechnic Institute”

Doctor of Economic Sciences, Associate Professor, Head of Department

Department of Business Economics and International Economic Relations

Maryna Gliznutsa, National Technical University “Kharkiv Polytechnic Institute”

PhD, Associate Professor

Department of Business Economics and International Economic Relations

Iegor Vozniuk, National Technical University “Kharkiv Polytechnic Institute”

PhD Student

Department of Business Economics and International Economic Relations

Oleksandr Bratukh, National Technical University “Kharkiv Polytechnic Institute”

PhD Student

Department of Business Economics and International Economic Relations

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Composite assessment of the economic performance of circular transformation performance in industrial enterprises in the economy – environment – society dimension

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Published

2026-04-30

How to Cite

Suslikov, S., Kuchynskyi , V., Gliznutsa, M., Vozniuk, I., & Bratukh, O. . (2026). Composite assessment of the economic performance of circular transformation performance in industrial enterprises in the economy – environment – society dimension. Technology Audit and Production Reserves, 2(4(88), 25–34. https://doi.org/10.15587/2706-5448.2026.359334

Issue

Vol. 2 No. 4(88) (2026): Economics of enterprises. Macroeconomics

Section

Economics and Enterprise Management

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Copyright (c) 2026 Stanislav Suslikov, Volodymyr Kuchynskyi , Maryna Gliznutsa, Iegor Vozniuk, Oleksandr Bratukh

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