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Scientific Article details

Title The Relationship Between The Circular Economy And Business Performance: A Systematic Literature Review
ID_Doc 1145
Authors Nosková, M; Procházková, PT; Zemanová, V
Title The Relationship Between The Circular Economy And Business Performance: A Systematic Literature Review
Year 2024
Published Journal Of Business Economics And Management, 25, 3
DOI 10.3846/jbem.2024.21413
Abstract The circular economy represents an effective way to address limited resources and mitigate the impact of human activity on the planet. To summarize the possible effect of circular economy implementation on business performance and its possible measurement, a systematic literature review on a final sample of 28 papers was conducted. The main findings reveal that the circular economy can help to improve business performance and that numerous indicators could be used to measure it, especially the balanced scorecard approach, which seems suitable for such classification (however, more research on this topic is needed). Additionally, it was revealed that the circular economy concept itself has no clear and generally used definition, which complicates the summarizing of the revealed indicators. To simplify future research, we proposed a research framework based on this systematic literature review and emphasized the research gaps.
Author Keywords business performance; balanced scorecard; circular economy; indicators; sustainable; systematic literature review
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:001248440900001
WoS Category Business; Economics
Research Area Business & Economics
PDF https://journals.vilniustech.lt/index.php/JBEM/article/download/21413/12319
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