интегральная стратегическая эффективность, системный анализ эффективности, социальная эффективность, управление эффективностью, экологическая эффективность, экономическая эффективность, integral strategic performance, system performance analysis, social efficiency, performance management, ecological efficiency, economic efficiency, Accounting. Bookkeeping, HF5601-5689

The article presents a comparative analysis of the performance of the four world largest steel groups. The simultaneous analysis of economic, social and environmental efficiency is made, which can be rarely found in modern scientific papers because of the differences in reporting formats and methodologies for data generation. This is the reason why the analysis was conducted on the basis of certain selected comparable economic (revenues, EBITDA, EBITDA margin), social (number of employees, labour financing, job safety) and environmental (investments in environmental programs, dynamics of atmospheric and water pollution indicators) ratios and indicators, which largely determine the correspondent types of efficiency and were obtained from the most reliable sources such as audited annual and financial reports. To make the combined analysis of the groups’ performance integral strategic performance indicators were calculated. The author draws the conclusion that though certain types of efficiency of companies or groups activities can be at their maximum (for example, economic efficiency which is measured in terms of the EBITDA margin in this study) this does not guarantee the highest level of overall efficiency, which is measured by an integral strategic performance indicator. The maximum overall efficiency is achieved when it becomes possible to ensure a high balanced level of economic, social and environmental performance.