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SÜRDÜRÜLEBİLİRLİK İLE KURUMSAL İTİBAR ARASINDAKİ İLİŞKİDE YÖNETİM KURULU VE AİLE SAHİPLİĞİNİN DÜZENLEYİCİ ETKİSİ

Year 2022, Volume: 13 Issue: Kongre Özel Sayısı, 24 - 47, 16.06.2022
https://doi.org/10.36543/kauiibfd.2022.ozelsayi2

Abstract

Bu çalışmanın amacı, sürdürülebilirliğin kurumsal itibar üzerindeki etkisini incelemek ve bu ilişkide yönetim kurulu kompozisyonu ile aile sahipliğinin düzenleyici etkisini ortaya koymaktır. Bu çalışmada kuramsal olarak, vekâlet ve kaynak-temelli teoriler birleştirilmiştir. Çalışmanın örneklemi, Brand Finance tarafından 2020 yılında yayınlanan “Turkey 100: Türkiye’nin En Değerli Markalarının Yıllık Raporu” listesinde yer alan ve BIST’te koteli olan banka ve finans kurumları dışındaki 69 firmadan oluşturmaktadır. Araştırma sonuçlarına göre, sürdürülebilirliğin kurumsal itibarı pozitif yönde etkilediği tespit edilmiştir. Bağımsız üye sayısı ve yönetim kurulu büyüklüğü arttıkça sürdürülebilirlik ile kurumsal itibar arasındaki ilişkinin arttığı görülmektedir. Ayrıca, aile sahiplik oranı azaldıkça sürdürülebilirlik ve kurumsal itibar arasındaki ilişki artmaktadır. Çalışma, sürdürülebilirlik ve kurumsal itibar arasındaki ilişkiyi ortaya koyarak kaynak-temelli yaklaşıma ve stratejik yönetim literatürüne katkı sağlamaktadır. Ayrıca çalışma uygulayıcılara, stratejik bir kaynak olan kurumsal itibarları vasıtasıyla sürdürülebilir rekabet avantajı yaratabilecekleri noktasında öneriler sunmaktadır.

References

  • Aiken, L. S., & West, S. G. (1991). Multiple Regression: Testing and Interpreting Interactions, 1. Baskı, USA: Sage Publications.
  • Alon, A., & Vidovic, M. (2015). Sustainability performance and assurance: influence on reputation. Corporate Reputation Review, 18(4), 337-352.
  • Aksoy, M., Yilmaz, M. K., Tatoglu, E., & Basar, M. (2020). Antecedents of corporate sustainability performance in Turkey: The effects of ownership structure and board attributes on non-financial companies. Journal of Cleaner Production, 276, 1-11
  • Amran, A., Lee, S. P., & Devi, S. S. (2014). The influence of governance structure and strategic corporate social responsibility toward sustainability reporting quality. Business Strategy and the environment, 23(4), 217-235.
  • Axjonow, A., Ernstberger, J., & Pott, C. (2018). The impact of corporate social responsibility disclosure on corporate reputation: a non-professional stakeholder perspective. Journal of Business Ethics, 151(2), 429-450.
  • Barney, J. B. (1991). Firm Resources and Sustained Competitive Advantage. Journal of Management, 17 (1), 99-120.
  • Barney, J. B. (1986). Strategic factor markets: Expectations, luck, and business strategy. Management Science, 32(10), 1231-1241.
  • Baysinger, B. D., Kosnik, R. D., & Turk, T. A. (1991). Effects of board and ownership structure on corporate R&D strategy. Academy of Management Journal, 34, 205–214.
  • BIST (2020). Şirketler için Sürdürülebilirlik Rehberi, 1-82.
  • Bord, R. J., & O'Connor, R. E. (1997). The gender gap in environmental attitudes: The case of perceived vulnerability to risk. Social science quarterly, 830-840.
  • Branco, M. C., & Rodrigues, L. L. (2006). Corporate Social Responsibility and Resource-Based Perspectives. Journal of Business Ethics, 69(2), 111-132.
  • Brown, P., Beekes, W., & Verhoeven, P. (2011). Corporate governance, accounting and finance: a review. Accounting and Finance, 51(1), 96-172.
  • Burke, R. J. (1997). Women directors: selection, acceptance and benefits of board membership. Corporate Governance: An International Review, 5, 118–125.

THE SUSTAINABILITY EFFECT ON CORPORATE SUSTAINABILITY THROUGH THE MODERATOR ROLES OF BOARD COMPOSITION AND FAMILY OWNERSHIP

Year 2022, Volume: 13 Issue: Kongre Özel Sayısı, 24 - 47, 16.06.2022
https://doi.org/10.36543/kauiibfd.2022.ozelsayi2

Abstract

The aim of this study is to examine the effect of sustainability on corporate reputation and to reveal the moderator role of the family ownership in this relationship. In this study, agency and resource-based theories are combined theoretically. The sample of the study consists of 69 firms excluding banks and financial institutions listed in the BIST and included in the list of “Turkey 100: Annual Report of Turkey's Most Valuable Brands” published by Brand Finance in 2020. Regression analysis is used to test moderator effect of board composition and family ownership. According to the results of the research, the sustainability affects the corporate reputation positively. It is found that the sustainability effect on corporate reputation increases as the number of independent members and board size increase. In addition, the sustainability effect on corporate reputation increases as the family ownership decreases. The study contributes the resource-based approach and strategic management literature by setting forth the effect of board composition and the moderator role of family ownership. The study offers suggestions to practitioners for developing corporate reputation as a strategic resource through their sustainability practices.

References

  • Aiken, L. S., & West, S. G. (1991). Multiple Regression: Testing and Interpreting Interactions, 1. Baskı, USA: Sage Publications.
  • Alon, A., & Vidovic, M. (2015). Sustainability performance and assurance: influence on reputation. Corporate Reputation Review, 18(4), 337-352.
  • Aksoy, M., Yilmaz, M. K., Tatoglu, E., & Basar, M. (2020). Antecedents of corporate sustainability performance in Turkey: The effects of ownership structure and board attributes on non-financial companies. Journal of Cleaner Production, 276, 1-11
  • Amran, A., Lee, S. P., & Devi, S. S. (2014). The influence of governance structure and strategic corporate social responsibility toward sustainability reporting quality. Business Strategy and the environment, 23(4), 217-235.
  • Axjonow, A., Ernstberger, J., & Pott, C. (2018). The impact of corporate social responsibility disclosure on corporate reputation: a non-professional stakeholder perspective. Journal of Business Ethics, 151(2), 429-450.
  • Barney, J. B. (1991). Firm Resources and Sustained Competitive Advantage. Journal of Management, 17 (1), 99-120.
  • Barney, J. B. (1986). Strategic factor markets: Expectations, luck, and business strategy. Management Science, 32(10), 1231-1241.
  • Baysinger, B. D., Kosnik, R. D., & Turk, T. A. (1991). Effects of board and ownership structure on corporate R&D strategy. Academy of Management Journal, 34, 205–214.
  • BIST (2020). Şirketler için Sürdürülebilirlik Rehberi, 1-82.
  • Bord, R. J., & O'Connor, R. E. (1997). The gender gap in environmental attitudes: The case of perceived vulnerability to risk. Social science quarterly, 830-840.
  • Branco, M. C., & Rodrigues, L. L. (2006). Corporate Social Responsibility and Resource-Based Perspectives. Journal of Business Ethics, 69(2), 111-132.
  • Brown, P., Beekes, W., & Verhoeven, P. (2011). Corporate governance, accounting and finance: a review. Accounting and Finance, 51(1), 96-172.
  • Burke, R. J. (1997). Women directors: selection, acceptance and benefits of board membership. Corporate Governance: An International Review, 5, 118–125.
There are 13 citations in total.

Details

Primary Language Turkish
Journal Section Articles
Authors

Elif Sis Atabay 0000-0003-3862-6060

Tuğba Kaplan 0000-0003-2880-816X

Kader Şahin 0000-0003-2957-1854

Publication Date June 16, 2022
Acceptance Date February 3, 2022
Published in Issue Year 2022 Volume: 13 Issue: Kongre Özel Sayısı

Cite

APA Sis Atabay, E., Kaplan, T., & Şahin, K. (2022). SÜRDÜRÜLEBİLİRLİK İLE KURUMSAL İTİBAR ARASINDAKİ İLİŞKİDE YÖNETİM KURULU VE AİLE SAHİPLİĞİNİN DÜZENLEYİCİ ETKİSİ. Kafkas Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, 13(Kongre Özel Sayısı), 24-47. https://doi.org/10.36543/kauiibfd.2022.ozelsayi2

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