Humanities and Social Sciences Communications,
Journal Year:
2024,
Volume and Issue:
11(1)
Published: Aug. 15, 2024
This
study
investigates
the
influence
of
Environmental,
Social,
and
Governance
(ESG)
scores
on
clustering
community
formation
companies
within
various
network
models.
Using
daily
closing
prices
78
operating
in
Borsa
Istanbul
Sustainability
Index,
we
constructed
correlation,
mutual
information
(both
continuous
discrete),
causality
linear
nonlinear)
networks
to
analyse
intercompany
relationships.
We
performed
detection
using
Leading
Eigenvector
Girvan–Newman
methods,
which
revealed
that
same
sector,
particularly
financial
manufacturing
sectors,
tend
form
tight-knit
communities.
These
intra-sectoral
clusters
reflect
strong
market
behaviour
correlations
driven
by
sector-specific
factors.
Additionally,
mixed-sector
communities
highlighted
presence
significant
inter-sector
dependencies.
To
assess
impact
ESG
these
communities,
nonparametric
tests
such
as
Kruskal–Wallis,
Conover,
log-rank
were
applied.
Results
showed
specific
factors,
including
emission,
CSR
strategy,
innovation,
human
rights,
significantly
influenced
formation.
For
instance,
with
performance
emission
reduction
strategies
found
more
cohesive
emphasizing
role
sustainability
shaping
networks.
Study
findings
underscore
critical
factors
dynamics,
promoting
sustainable
investment
practices
highlighting
importance
integrating
considerations
into
decisions.
results
suggest
metrics
not
only
affect
individual
company
but
also
contribute
interconnected
shared
practices.
Borsa Istanbul Review,
Journal Year:
2024,
Volume and Issue:
24(4), P. 828 - 837
Published: April 29, 2024
Environmental,
Social,
and
Governance
(ESG)
is
a
market
for
environmental
criteria
that
has
recently
attracted
the
attention
of
policymakers
in
particular
European
Union
(EU)
countries
to
improve
quality.
In
context
EU
Sustainable
Development
Goals,
this
study
aims
examine
impact
climate
risk
uncertainties
(transitional
(TRI)
physical
(PRI)),
carbon
allowances
(EU
ETS),
technology
index
(MSCI)
on
ESG
market.
To
end,
uses
quantile-on-quantile
regression
its
multivariate
version
period
from
November
28,
2007,
January
05,
2023.
The
results
show
TRI
PRI
increase
development
at
higher
quantiles,
while
ETS
technological
progress
reduce
progress.
This
shows
change
requires
introduction
stricter
standards
countries,
provide
benefits
need
Managerial and Decision Economics,
Journal Year:
2024,
Volume and Issue:
45(7), P. 5146 - 5158
Published: July 15, 2024
Abstract
In
view
of
global
climate
problems,
public
interest
in
the
environment
has
recently
evolved
over
decision
economics.
Accordingly,
this
study
assesses
impact
carbon
emission
allowances
(CEA),
information
technology
(IT),
renewable
energy
generation
(REG),
and
dioxide
(CO
2
)
on
environmental,
social,
governance
(ESG)
European
Union
(EU)
by
applying
quantile‐based
models
from
January
2,
2019
to
February
29,
2024.
The
outcomes
demonstrate
that
CEA
IT
have
an
increasing
effect
ESG
with
moderating
economic
policy
uncertainty
(EPU).
REG
a
declining
ESG,
while
EPU
moderates
makes
across
higher
quantiles.
Cumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi,
Journal Year:
2025,
Volume and Issue:
26(2), P. 223 - 241
Published: April 30, 2025
Dijitalleşme,
son
yıllarda
küresel
ölçekte
önemli
bir
gelişim
alanı
haline
gelmiştir.
Teknolojik
yenilikler
ve
dijital
dönüşüm,
işletmelerin
stratejik
kararlarını,
operasyonel
verimliliklerini
pazardaki
rekabetçiliklerini
ölçüde
etkilemektedir.
Bunun
yanı
sıra,
dijitalleşme
yalnızca
ekonomik
düzeyde
değil,
aynı
zamanda
çevresel,
sosyal
yönetişim
(ESG)
kriterlerine
de
etkide
bulunmaktadır.
ESG,
günümüzde
şirketlerin
sürdürülebilirlik
performanslarını
değerlendiren
ölçüt
gelmiş
bu
kriterlere
odaklanan
yatırımlar
hem
yatırımcılar
diğer
paydaşlar
tarafından
giderek
daha
fazla
önemsenmektedir.
Bu
bağlamda,
yatırımlarının
ESG
skorları
üzerindeki
potansiyel
etkileri,
özellikle
Türkiye
gibi
gelişmekte
olan
ekonomilerde
merak
konusu
olmuştur.
çalışmada,
2015-2022
yılları
arasında
Türkiye'deki
(Çevresel,
Sosyal
Yönetişim)
skoru
yayımlayan
firmaların
etkisi
incelenmiştir.
Panel
kantil
regresyon
yöntemiyle
yapılan
analizde,
yatırımlarının,
düşük
skoruna
sahip
%10’luk
aralığındaki
üzerinde
anlamlı
olduğu
bulunmuştur.
Bununla
birlikte,
aralıklarında
performansı
gözlemlenmemiştir.
durum,
dijitalleşmenin
etkisinin,
belirli
gelişmişlik
düzeyine
ulaşmış
firmalar
için
farklı
şekilde
şekillendiğini
performansına
belirgin
faydalar
sağladığını
göstermektedir.
Green Finance,
Journal Year:
2024,
Volume and Issue:
6(3), P. 518 - 562
Published: Jan. 1, 2024
<p>We
investigated
the
variations
in
corporate
financial
performance
(CFP)
of
firms
that
integrate
ESG
factors
into
their
business
practices,
focusing
on
mediating
role
efficiency
(CE).
Using
909
company-level
data,
we
applied
Data
Envelopment
Analysis
(DEA)
to
measure
CE.
We
examined
how
these
scores
and
CFP
viz.,
Return
Assets
(ROA),
market
value,
profit
after
tax
(PAT)
are
influenced
at
different
levels
ESG.
To
provide
variational
distributional
aspects,
employed
quantile
regression
estimate
relationship
between
ESG,
CE,
across
quantiles.
The
findings
indicated
impact
integration
positively
varies
Further,
a
non-linear
U-shaped
is
established
overall
score,
environmental
social
score
with
initially
dips
lower
disclosure
surges
its
highest
higher
score.
Finally,
our
results
revealed
brings
which
turn
channeled
outcomes,
suggesting
CE
plays
crucial
role.
These
contribute
understanding
practices
can
be
leveraged
for
better
outcomes
through
companies
policymakers
vital
direction,
encouraging
focus
robust
establishing
path
toward
long-term
sustainability
profitability,
guided
by
improved
CE.</p>
