Sustainability governance indicator-based framework for public transport companies in developing countries

Abstract

This paper aims at creating a sustainability governance framework to assess the public transport companies in developing countries. In contrast to previous research studies, governance criteria, namely transparency and accountability, are involved in the sustainability assessment. Eventually, four dimensions of key performance indicators are suggested: economic, environmental, institutional and social. Each of them describes a completely different perspective of sustainable development. A numerical illustration is provided at the end to evaluate three public transport companies from a developed country to give an overview of the framework implementation using simple additive weighting method.