Evolution of Business Models of Mining and Energy Sector Companies according to Current Market Trends

Abstract

A business model is a “formula” for generating value in a company, and is considered a conceptual object that is part of a company’s intangible resources. It is a company’s unique recipe for sales, cost-effectiveness in operational terms as well as investment, and the financing of operations, both in the short and long term. Due to new challenges, such as sustainable development, faced by enterprises, as well as the new ways of creating and delivering value, such as the closed-loop economy, new concepts of business models are emerging. Presently, there are many different forms of decomposition of a company’s assets that will contribute to the process of creating more sustainable business models to ensure the achievement of cohesion in the financial, environmental and social areas. The purpose of this paper is to present the theoretical assumptions and practical solutions in the field of creating sustainable business models for enterprises by decomposing assets and changing their way of functioning to increase efficiency for stakeholders. The applied research method is based on statistical analysis, with the main focus on the analysis of the correlation between the prices of shares of a parent company and the prices of shares of a company separated from the existing structures.