Exploring the Non-Linear Impacts of Digital Maturity on Corporate Sustainability: New Evidence from Türkiye

AKSOY KAVALCI, Mine; Yılmaz, Mustafa Kemal; Tırpan, Esra Cengiz; Özşahin, Mehtap; Coşkun, Erman; Uysal, Özgür

doi:10.30784/epfad.1813705

Exploring the Non-Linear Impacts of Digital Maturity on Corporate Sustainability: New Evidence from Türkiye

Yazarlar (6)

Prof. Dr. Mine AKSOY KAVALCI Yalova Üniversitesi, Türkiye

Mustafa Kemal Yılmaz İbn Haldun Üniversitesi, Türkiye

Esra Cengiz Tırpan Bilecik Seyh Edebali University, Türkiye

Mehtap Özşahin Gebze Technical University, Türkiye

Erman Coşkun Bahcesehir University, Türkiye

Özgür Uysal Cent Secur Depository & Trade Depository Turkiye, Türkiye

Makale Türü	Özgün Makale (ESCI dergilerinde yayınlanan tam makale)
Dergi Adı	Ekonomi Politika ve Finans Arastirmalari Dergisi
Dergi ISSN	2587-151X Wos Dergi
Dergi Tarandığı Indeksler	ESCI
Makale Dili	İngilizce	Basım Tarihi	10-2025
Cilt / Sayı / Sayfa	10 / 0 / 107–131	DOI	10.30784/epfad.1813705
Makale Linki	https://doi.org/10.30784/epfad.1813705

Özet

This study explores the impact of digital maturity on the environmental, social, and governance (ESG) performance of Turkish companies listed on Borsa Istanbul. The analysis is based on a sample of 49 non-financial firms included in the BIST 100 Index, covering the period of 2016-2022. A digital maturity index is constructed using a text mining approach to quantify the frequency of digital-related terms in the firm’s annual reports. Panel data analysis is employed to investigate the relationship between digital maturity and ESG performance. The findings indicate that digital maturity has a significant inverse U-shaped effect on social performance, an insignificant inverse U-shaped effect on environmental performance, and an insignificant U-shaped effect on corporate governance performance. The results suggest that moderate levels of digitalization enhance social performance, whereas excessive digitalization may have an adverse effect.

Anahtar Kelimeler

Digital Maturity | Emerging Markets | ESG Performance | Sustainability

BM Sürdürülebilir Kalkınma Amaçları

Atıf Sayıları

Exploring the Non-Linear Impacts of Digital Maturity on Corporate Sustainability: New Evidence from Türkiye

Exploring the Non-Linear Impacts of Digital Maturity on Corporate Sustainability: New Evidence from Türkiye

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