Antecedents of corporate sustainability performance in Turkey: The effects of ownership structure and board attributes on non-financial companies
Yazarlar (4)
Prof. Dr. Mine AKSOY KAVALCI Yalova Üniversitesi, Türkiye
Mustafa K. Yilmaz
İbn Haldun Üniversitesi, Türkiye
İbn Haldun Üniversitesi, Türkiye
Prof. Dr. Ekrem Tatoglu İbn Haldun Üniversitesi, Türkiye
Merve Basar
Yalova Üniversitesi, Türkiye
Yalova Üniversitesi, Türkiye
| Makale Türü |
Özgün Makale
(SSCI, AHCI, SCI, SCI-Exp dergilerinde yayınlanan tam makale)
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| Dergi Adı | Journal of Cleaner Production (Q1) | ||
| Dergi ISSN | 0959-6526 Dergi Bilgileri (2020) | ||
| Dergi Tarandığı Indeksler | SCI-Expanded | ||
| Makale Dili | İngilizce | Basım Tarihi | 12-2020 |
| Kabul Tarihi | – | Yayınlanma Tarihi | 01-12-2020 |
| Cilt / Sayı / Sayfa | 276 / 1 / – | DOI | 10.1016/j.jclepro.2020.124284 |
| Makale Linki | https://www.sciencedirect.com/science/article/abs/pii/S0959652620343298 | ||
| UAK Araştırma Alanları |
Finansal Piyasalar ve Kurumlar
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| Özet |
| The discourse of corporate sustainability performance (CSP) has created an increasing motivation for companies to improve their competitive advantage. This study examines the drivers leading to a high level of CSP within non-financial Turkish companies listed in the Borsa Istanbul Sustainability Index. Drawing on both stakeholder and agency theories, we formulate a set of hypotheses that link CSP with ownership structure, board diversity, and firm-specific characteristics. Based on logit and probit models, the empirical results tend to confirm the positive influence of foreign and institutional ownerships in shaping CSP and indicate that CSP is positively linked with board size and the proportion of independent board members. Further, the findings show that companies with a leading level of CSP have a lower return than companies with mediocre CSP based on a market-based measure, Tobin's Q. |
| Anahtar Kelimeler |
| Board diversity | Borsa Istanbul sustainability index | Corporate sustainability performance | Ownership structure | Stakeholder theory |
Science Direct
Antecedents of corporate sustainability performance in Turkey: The effects of ownership structure and board attributes on non-financial companies
BM Sürdürülebilir Kalkınma Amaçları
| Atıf Sayıları | |
| Web of Science | 73 |
| Scopus | 92 |