Application of multi criteria decision making process for assessment of sustainable business in mining companies

Slavica Miletić; Dejan Bogdanović; Džejn Paunković; Dragan Mihajlović

doi:10.5937/ror1601015M

Authors

Slavica Miletić Mining and Metallurgy Institute, Bor, Serbia Author https://orcid.org/0000-0003-4526-4715
Dejan Bogdanović University of Belgrade, Technical Faculty, Bor, Serbia Author https://orcid.org/0000-0002-4871-4366
Džejn Paunković Author https://orcid.org/0000-0002-4580-7612
Dragan Mihajlović John Naisbitt University, Faculty of Management, Zaječar, Serbia Author

DOI:

https://doi.org/10.5937/ror1601015M

Keywords:

Multiple criteria decision making, sustainable business, mining companies

Abstract

The aim of this paper is to highlight the importance of multi-criteria decision-making process for assessment the implementation and progress of sustainable business of mining companies. Sustainability assessment is determined on the basis of success in carrying out the most important aspects of sustainable business. Accordingly, in this paper was conducted the ranking of economic, social, environmental and cultural aspects. Multi criteria Analysis-Electra method is used for the ranking the above mentioned aspects of sustainable business. The obtained result identifies the most important aspects of sustainable business, and all in in order to determine whether it is sustainable operations of mining companies equally balanced or not and which of these aspects are missing.

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