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Risk Management and Economic Development of Sustainable Enterprises

A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Economic and Business Aspects of Sustainability".

Deadline for manuscript submissions: closed (19 April 2026) | Viewed by 1038

Special Issue Editor


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Guest Editor
Department of Management, University of Brasília, Brasilia 70904-104, Brazil
Interests: artificial intelligence; financial risk management; algorithmic fairness; behavioral finance; machine learning in banking; sustainable finance
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

Humankind faces significant challenges across various dimensions, including environmental, social, and economic issues. Sustainable enterprises play a vital role in building resilient economies and societies. However, while firm-level sustainability initiatives that foster economic development are essential, they come with numerous risks. For example, economic uncertainty, regulatory changes, and stakeholder responsiveness can result in economic and reputational losses for companies engaging in sustainability-focused projects.

We invite researchers to share their studies on the intersection of risk management and economic development from the perspective of sustainable enterprises. Pressing questions include the following: (i) How can businesses navigate the risky landscape of sustainability and simultaneously contribute to long-term economic growth? (ii) How can innovations in risk management or sustainability frameworks align with the goals of companies with economic benefits to society?

In this Special Issue, original research articles and reviews are welcome. Research areas may include (but are not limited to) the following:

  1. Risk management models and frameworks for sustainable enterprises;
  2. Corporate sustainability business models and economic impacts;
  3. Environmental and social risk management for corporations;
  4. Innovations in sustainability and risk management;
  5. Corporate risks arising from sustainability regulation, policy, and social pressure.

By exploring these and related topics, we aim to foster a deep understanding of the interplay between sustainable enterprises, risk management, and economic impacts. We encourage submissions that contribute to advancing knowledge on this dynamic and timely area of research, providing direction for the businesses of tomorrow to implement responsible and sustainable projects that positively impact economic development.

We look forward to receiving your contributions.

Dr. Herbert Kimura
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 250 words) can be sent to the Editorial Office for assessment.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • sustainable enterprises
  • risk management
  • economic development
  • impacts of sustainability
  • reputational risk
  • risk models and frameworks
  • environmental and climate risks
  • innovation and sustainability
  • sustainability regulation and policy

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Published Papers (1 paper)

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Research

19 pages, 409 KB  
Article
Prioritizing National and Fiscal Risks in Bulgaria: An Expert-Based Assessment of Sovereign Resilience
by Yanko Hristozov and Borislav Borissov
Sustainability 2026, 18(10), 4982; https://doi.org/10.3390/su18104982 - 15 May 2026
Viewed by 242
Abstract
National risks constitute an important but still underexplored dimension of sustainable development, particularly in countries exposed to institutional fragility, demographic decline, and geopolitical uncertainty. This study identifies and prioritizes the ten most significant risks facing Bulgaria’s development over the next decade, with particular [...] Read more.
National risks constitute an important but still underexplored dimension of sustainable development, particularly in countries exposed to institutional fragility, demographic decline, and geopolitical uncertainty. This study identifies and prioritizes the ten most significant risks facing Bulgaria’s development over the next decade, with particular attention to their fiscal and macro-financial transmission channels. The analysis is based on a structured expert survey conducted among 82 specialists from academia, business, research institutions, civil society, and public practice. Respondents assessed 32 potential risks according to likelihood and impact using a five-point scale. A combined priority index was constructed as the product of mean likelihood and mean impact scores. The results show that the most significant risks are concentrated around institutional and systemic vulnerabilities, especially distrust in the rule of law, ineffective healthcare, disinformation, corruption, crisis of statehood, demographic decline, and deterioration in education and infrastructure. The findings indicate that these risks affect Bulgaria’s long-term development through five main fiscal and macro-financial channels: higher sovereign risk premia, expenditure pressure, weaker revenue capacity and investment efficiency, labor market deterioration, and broader financial fragility. The study contributes to the literature on sustainability governance, sovereign resilience, and fiscal sustainability by showing that national resilience depends not only on the management of external shocks, but also on the institutional capacity of the state to absorb long-term structural pressures. The practical applicability of the study lies in the possibility and necessity of conducting a content analysis of the main strategic documents for the country’s development in order to establish the extent to which the identified main risks are reflected in them, as conclusions about the situation and as countermeasure policies. Full article
(This article belongs to the Special Issue Risk Management and Economic Development of Sustainable Enterprises)
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