Research Article
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Year 2021, Volume: 50 Issue: 1, 77 - 102, 16.06.2021

Abstract

References

  • Aggarwal, P. (2013). Impact of sustainability performance of company on its financial performance: a study of listed Indian companies, Global Journal of Management and Business Research Finance, 13(11), 61-70.
  • Akyüz, F. & Yeşil, T. (2017). BIST sürdürülebilirlik endeksine kayıtlı üretim sektöründe faaliyet gösteren şirketlerin finansal performanslarının incelenmesi, Akademik Araştırmalar ve Çalışmalar Dergisi, 9(6), 61-78.
  • Aman, Z. & Ismail, S. (2017). The determinants of corporate sustainability reporting: Malaysian evidence, Proceeding of the 4th International Conference on Management and Muamalah 2017 (ICoMM 2017), e-ISBN: 978-967-2122-15-9.
  • Ameer, R. & Othman, R. (2012). Sustainability practises and corporate financial performance: a study based on the top global corporations, Journal Business Ethics, 108, 61-79.
  • Angelstig, M. & Gustavsson, S. (2016). The effect of ownership structure on the sustainability reporting assurance practice. Stockholm School of Economics, Derpartment of Accounting, Master Thesis in Accounting and Financial Management.
  • Aktan, C.C. & Börü, D. (2007). Kurumsal sosyal sorumluluk. İstanbul: İGİAD Yayınları.
  • Altınay, A.T. (2016). Entegre raporlama ve sürdürülebilirlik muhasebesi, Süleyman Demirel Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 2016/3(25), 47-64.
  • Aras, G. & Sarıoğlu, G.U. (2015). Kurumsal raporlamada yeni dönem: entegre raporlama. TÜSİAD Yayını.
  • Arayssi, M., Dah, M. & Jizi, M. (2016). Women on boards, sustainability reporting and firm performance, Sustainabilty Accounting, Management and Policy Journal, 7(3), 376-401.
  • Arsoy, A., Arabacı, Ö. & Çiftçioğlu, A. (2012). Corporate social responsibility and financial performance relationship: the case of Turkey, Muhasebe ve Finansman Dergisi, Ocak, 159-176.
  • Balal, A. (2000). Environmental reporting in developing countries: empirical evidence from Bangladesh, Eco Management and Auditing, 7(3), 114-121.
  • Başar, A.B. (2014). Kurumsal sosyal sorumluluk raporlaması ve finansal performans arasındaki ilişki: Borsa İstanbul’da işlem gören kimya-petrol-plastik sektörü şirketleri üzerine bir araştırma, Yönetim ve Ekonomi, 21(2), 59-72.
  • Becchetti, L., Di Giacomo, S. & Pinnacchio, D. (2008). Corporate social responsibility and corporate performance: evidence from a panel of US listed companies, Applied Economics, 40(5), 541-567.
  • Bruntland, G.H. (1987). Report of the world commission on enviroment and development: our common future, Retrieved from https://sustainabledevelopment.un.org/content/documents/5987our-common-future.pdf
  • Buallay, A. (2019). Is sustainability reporting (ESG) associated with performance? evidence from the European banking sector, Management of Enviromental Quality: An International Journal, 30(1), 98-115.
  • Buallay, A. (2019). Sustainability reporting and firm’s performance: comparative study between manufacturing and banking sectors, International Journal of Productivity and Performance Management, DOI 10.1108/IJPPM-10-2018-0371.
  • Burhan, A.H.N. & Rahmantı, W. (2012). The impact of sustainability reporting on company performance, Journal of Economics, Business, and Accountancy Ventura, 15(2), 257–272.
  • Cormier, D. & Gordon, I. (2001). An examination of social and environmental reporting strategies, Accounting Auditing and Accountability Journal, 14(5), 587- 616.
  • D’arcimoles, C.H. & Trebucq, S. (2002). The corporate social performance financial performance link: evidence from France, Paper Prepared And Accepted For The 2002 AFFI International Conference, Paris. Erişim; 13.02.2020, https://papers.ssrn.com/sol3/papers.cfm?abstract_id=306599.
  • Darus, F., Hamzah, E.A.C.K. & Yusoff, H. (2013). CSR web reporting: the ınfluence of ownership structure and mimetic ısomorphisim, Procedia Economics and Finance, 7, 236-242.
  • De beelde, I. & Tuybens, S. (2015). Enhancing the credibility of reporting on corporate social responsibility in Europe, Business Strategy and the Environment, 24(3), 190-216.
  • Del guercıo, D. & Tran, H. (2012). ınstitutional ınvestor activism, Socially Responsible Finance and Investing. John Wiley & Sons Inc.
  • Düzer, M. & Önce, S. (2017). Kurumsal sürdürülebilirlik raporlaması ve finansal performans: bist’te işlem gören şirketler için karşılaştırmalı bir analiz, Bilecik Şeyh Edebali Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 2(2), 637-648.
  • Ertuğrul, F. (2008). Paydaş teorisi ve işletmelerin paydaşları ile ilişkilerinin yönetimi, Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 31, 199-223.
  • Fauzi, H. & Idris, K.M. (2009). The relationship of CSR and financial performance: new evidence from Indonesian companies, Issues in Social and Enviromental Accounting, 3(1), 66-87.
  • Fettahoğlu, S. (2014). İşletmelerde sosyal sorumluluk ile finansal performans arasındaki ilişki: imkb’ye yönelik bir uygulama, Sosyal ve Beşerî Bilimler Dergisi, 6(1), 11-20.
  • Freeman, R.E. (1984). Strategic Management: A Stakeholder Approach.United Kingdom: Cambridge University Press.
  • Gençoğlu, Ü.G. & Aytaç, A. (2016). Kurumsal sürdürülebilirlik açısından entegre raporlamanın önemi ve bist uygulamaları, Muhasebe ve Finansman Dergisi, 72, 51-66.
  • Ghazali, N.A.M. (2007). Ownership structure and corporate social responsibility disclosure: some Malaysian evidence, Corporate Governance, 7(3), 251-266.
  • Glac, K. (2010). The Influence Of Shareholders On Corporate Social Responsibility, Center for Ethical Business Cultures, 1-38.
  • Global Reportıng Initiative (GRI). G4 Sürdürülebilirlik Raporlaması Kılavuzları, Raporlama İlkeleri ve Standart Bildirimler, Erişim; 11.02.2020, https://surdurulebilirlik.garantibbva.com.tr/media/1059/turkish-g4-part-one.pdf
  • Haladu, A. & Salim, B.BT. (2016). Corporate ownership and sustainability reporting: enviromental agencies’ moderating effects, International Journal of Economics and Financial Issues, 6(4), 1784-1790.
  • Iqbal, N., Ahmad, N., Basheer, N.A. & Nadeem, M. (2012). Impact of corporate social responsibility on financial performance of corporations: evidence from Pakistan,
  • International Journal of Learning ve Development, 2(6), 107-118.
  • Kabsun, N.F., Teh, B.H. & Ong, T.S. (2016). Sustainability reporting and financial performance of Malaysian public listed companies, Institutions and Economies, 8(4), 78-93.
  • Kaya, E.Ö. (2010). Sürdürülebilir kalkınma sürecinde bankaların rolü ve Türkiye’de sürdürülebilir bankacılık uygulamaları, İşletme Araştırmaları Dergisi, 2(3), 75-94.
  • Kane, G.D. & Velury, U. (2004). The role of institutional ownership in the market for auditing services: an empirical investigation, Journal of Business Research,57(9), 976-983.
  • King, A. & Bartels, W. (2016). The KPMG Survey of Corporate Responsibility Reporting 2015, Netherlands: Haymarket Network Ltd.
  • Koçel, T. (2003). İşletme Yöneticiliği. İstanbul: Beta Yayınevi.
  • KPMG, CCG, GRI, UNEP. (2013). Carrots and sticks: sustainability reporting policies worldwide-today’s best practice, tomorrow’s trends, Erişim: 11.02.2020, https://www.globalreporting.org/resourcelibrary/Carrots-and-Sticks.pdf
  • Kolk, A. (2004). A decade of sustainability reporting: developments and significance, International Journal of Enviroment and Sustainable Development, 3(1), 51-64.
  • Kusuma, A.P.A. & Koesrindartoto, D.P. (2014). Sustainability practices and financial performance: an empirical evidence from Indonesia, International Conference on Trends in Economics, Humanities and Management (ICTEHM’14), 13-14 August, Pattaya.
  • Laskar, N. (2018). Impact of corporate sustainability reporting on firm performance: an emprical examination in Asia, Journal of Asia Business Studies, 12(4), 571-593.
  • Lozano, R. & Huishing, D. (2011). Inter-linking issues and dimensions in sustainability reporting, Journal of Cleaner Production,19, 99-107.
  • Lozano, R. (2013). Sustainability inter-linkages in reporting vindicated: a study of Europen companies, Journal Cleaner of Production, 51, 57-65.
  • Mita, A.F., Silalahi, H.F. & Halimatussadiah, A. (2018). Corporate social responsibility disclosure and bank’s financial performance in five ASEAN countries, Journal of Economics, Business and Accountacy Ventura, 21(2), 159-167.
  • Murray, A., Sinclair, D., Power, D. & Gary, R. (2006). Do financial markets care about social and environmental disclosure?, Accounting, Auditing and Accountability Journal, 19(2), 228-255.
  • Nobanee, H. & Ellili, N. (2016). Corporate sustainability disclosure in annual reports: evidence from UAE banks: Islamic versus conventional, Renewable and Sustainable Energy Reviews, 55, 1336-1341.
  • Özçelik, F., Öztürk, B.A. & Gürsakal, S. (2014). Investigating the relationship between corporate social responsibility and financial performance in Turkey, Atatürk Üniversitesi İktisadi ve İdari Bilimler Dergisi, 28(3), 189-203.
  • Pava, M.L. & Krausz, J. (1996). The association between corporate social-responsibility and financial performance: the paradox of social cost, Journal of Business Ethics, 15, 321-357.
  • Preston, L.E. & Q’bannon D.P. (1997). The corporate social-financial performance relationship: a typology analysis, Business and Society, 36(4), 419-429.
  • Smith, A.M. & Zyl, J.V. (2016). Investigating the extent of sustainability reporting in the banking industry, Banks and Banks Systems, 11(4), 71-81.
  • Roman, R.M., Hayibor, S. & Agle, B.R. (1999). The relationship between social and financial performance: repainting a portrait, Business and Society, 38(1), 109-125.
  • Rudyanto, A. (2017). State ownership, family ownership and sustainability report quality: the moderating role of board effectiveness, Accounting and Finance Review, 2(2), 15-25.
  • Secci, D. (2005). The Italian experience in social reporting: an empirical analysis, Corporate Social and Environmental Management, 13, 135-149.
  • Shamil, M.M., Shaikh, J.M., Ho, P.L. & Krishnan, A. (2014). The influence of board characteristics on sustainability reporting: emprical evidence from Sri Lanka firms, Asian Review of Accounting, 22(2), 78-97.
  • Şendurur, U. & Karacaer, S. (2017). Üçlü sorumluluk raporlaması: BIST 100 endeksi üzerinde bir araştırma, Ulakbilge, 5(12), 897-930.
  • Şendurur, U. & Temelli, F. (2018). Türkiye’de faaliyet gösteren geleneksel bankalar ve katılım bankalarının sürdürülebilirlik açısından karşılaştırılması, Muhasebe Bilim Dünyası Dergisi, 20(2), 330-346.
  • Şişman, B., Doğan, M. & Ağca, V. (2016). Tedarik zinciri yönetimi boyutuyla kurumsal sürdürülebilirlik ve finansal performans ilişkisi: BİST sürdürülebilirlik endeksinde yer alan firmalarda bir araştırma, AİBÜ Sosyal Bilimler Enstitüsü Dergisi, 16(1), 75-96.
  • Tagesson, T., Blank, V., Broberg, P. & Collin, S. (2009). What explains the extentand content of social and environmental reporting in Swedish listed corporations, Corporate Social Responsibility and Environmental Management, 16, 352-364.
  • Taşdemir, B. (2017). Sürdürülebilirlik raporları kapsamında kurumsal sosyal sorumluluğun finansal performans üzerindeki etkisi: BIST sürdürülebilirlik endeksinde bir araştırma, Nevşehir Hacı Bektaş Veli Üniversitesi Sosyal Bilimler Enstitüsü İşletme Anabilim Dalı, Yayımlanmamış Yüksek Lisans Tezi, Nevşehir.
  • Topaloğlu, G. (2019). Sürdürülebilirlik Çalışmalarının İşletmelerin Finansal Performanslarına Etkisi, İstanbul Ticaret Üniversitesi Finans Enstitüsü, Sermaye Piyasası Anabilim Dalı, Yayımlanmamış Yüksek Lisans Tezi, İstanbul.
  • Vance, S. C. (1975). Are socially responsible corporations good investment risks? Management Review, 64, 18-24.
  • Wenzhong, Z. & Limin, F. (2012). A case study of siemens’ violation of business ethics in Argentine based on stakeholder theory, Global Journal of Management and Business Research, 12(13), 58-66.

Relationship Between Sustainability Report, Financial Performance, and Ownership Structure: Research on The Turkish Banking Sector

Year 2021, Volume: 50 Issue: 1, 77 - 102, 16.06.2021

Abstract

The financial statements of companies have been evaluated in financial performance analysis for many years. However, today, investors and business stakeholders, who want to invest in businesses, demand not only the information presented in financial statements, but also non-financial information to see future status and test whether it have a sustainable structure. In this context, the reporting of information on the economic, social, and environmental dimensions of businesses is possible through sustainability reporting. The purpose of this study is to reveal the sustainability scores of banks operating in the Turkish Banking sector. Another aim of the study is to determine the relationship between the sustainability score of banks, financial performance indicators, and ownership structure. In the study, the compliance scores of banks along with a sustainability report determined the framework of criteria for sustainability reports standardized by the GRI. From 2013-2018, the data of 10 banks that published sustainability reports in the Turkish Banking Sector were analysed. According to the results obtained from the research, the sustainability score of banks was not effective based on their financial performance. On the other hand, an increase in the shares of the largest shareholder capital caused a decrease in the sustainability scores of banks.

Supporting Institution

The author received no grant support for this work.

References

  • Aggarwal, P. (2013). Impact of sustainability performance of company on its financial performance: a study of listed Indian companies, Global Journal of Management and Business Research Finance, 13(11), 61-70.
  • Akyüz, F. & Yeşil, T. (2017). BIST sürdürülebilirlik endeksine kayıtlı üretim sektöründe faaliyet gösteren şirketlerin finansal performanslarının incelenmesi, Akademik Araştırmalar ve Çalışmalar Dergisi, 9(6), 61-78.
  • Aman, Z. & Ismail, S. (2017). The determinants of corporate sustainability reporting: Malaysian evidence, Proceeding of the 4th International Conference on Management and Muamalah 2017 (ICoMM 2017), e-ISBN: 978-967-2122-15-9.
  • Ameer, R. & Othman, R. (2012). Sustainability practises and corporate financial performance: a study based on the top global corporations, Journal Business Ethics, 108, 61-79.
  • Angelstig, M. & Gustavsson, S. (2016). The effect of ownership structure on the sustainability reporting assurance practice. Stockholm School of Economics, Derpartment of Accounting, Master Thesis in Accounting and Financial Management.
  • Aktan, C.C. & Börü, D. (2007). Kurumsal sosyal sorumluluk. İstanbul: İGİAD Yayınları.
  • Altınay, A.T. (2016). Entegre raporlama ve sürdürülebilirlik muhasebesi, Süleyman Demirel Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 2016/3(25), 47-64.
  • Aras, G. & Sarıoğlu, G.U. (2015). Kurumsal raporlamada yeni dönem: entegre raporlama. TÜSİAD Yayını.
  • Arayssi, M., Dah, M. & Jizi, M. (2016). Women on boards, sustainability reporting and firm performance, Sustainabilty Accounting, Management and Policy Journal, 7(3), 376-401.
  • Arsoy, A., Arabacı, Ö. & Çiftçioğlu, A. (2012). Corporate social responsibility and financial performance relationship: the case of Turkey, Muhasebe ve Finansman Dergisi, Ocak, 159-176.
  • Balal, A. (2000). Environmental reporting in developing countries: empirical evidence from Bangladesh, Eco Management and Auditing, 7(3), 114-121.
  • Başar, A.B. (2014). Kurumsal sosyal sorumluluk raporlaması ve finansal performans arasındaki ilişki: Borsa İstanbul’da işlem gören kimya-petrol-plastik sektörü şirketleri üzerine bir araştırma, Yönetim ve Ekonomi, 21(2), 59-72.
  • Becchetti, L., Di Giacomo, S. & Pinnacchio, D. (2008). Corporate social responsibility and corporate performance: evidence from a panel of US listed companies, Applied Economics, 40(5), 541-567.
  • Bruntland, G.H. (1987). Report of the world commission on enviroment and development: our common future, Retrieved from https://sustainabledevelopment.un.org/content/documents/5987our-common-future.pdf
  • Buallay, A. (2019). Is sustainability reporting (ESG) associated with performance? evidence from the European banking sector, Management of Enviromental Quality: An International Journal, 30(1), 98-115.
  • Buallay, A. (2019). Sustainability reporting and firm’s performance: comparative study between manufacturing and banking sectors, International Journal of Productivity and Performance Management, DOI 10.1108/IJPPM-10-2018-0371.
  • Burhan, A.H.N. & Rahmantı, W. (2012). The impact of sustainability reporting on company performance, Journal of Economics, Business, and Accountancy Ventura, 15(2), 257–272.
  • Cormier, D. & Gordon, I. (2001). An examination of social and environmental reporting strategies, Accounting Auditing and Accountability Journal, 14(5), 587- 616.
  • D’arcimoles, C.H. & Trebucq, S. (2002). The corporate social performance financial performance link: evidence from France, Paper Prepared And Accepted For The 2002 AFFI International Conference, Paris. Erişim; 13.02.2020, https://papers.ssrn.com/sol3/papers.cfm?abstract_id=306599.
  • Darus, F., Hamzah, E.A.C.K. & Yusoff, H. (2013). CSR web reporting: the ınfluence of ownership structure and mimetic ısomorphisim, Procedia Economics and Finance, 7, 236-242.
  • De beelde, I. & Tuybens, S. (2015). Enhancing the credibility of reporting on corporate social responsibility in Europe, Business Strategy and the Environment, 24(3), 190-216.
  • Del guercıo, D. & Tran, H. (2012). ınstitutional ınvestor activism, Socially Responsible Finance and Investing. John Wiley & Sons Inc.
  • Düzer, M. & Önce, S. (2017). Kurumsal sürdürülebilirlik raporlaması ve finansal performans: bist’te işlem gören şirketler için karşılaştırmalı bir analiz, Bilecik Şeyh Edebali Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 2(2), 637-648.
  • Ertuğrul, F. (2008). Paydaş teorisi ve işletmelerin paydaşları ile ilişkilerinin yönetimi, Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 31, 199-223.
  • Fauzi, H. & Idris, K.M. (2009). The relationship of CSR and financial performance: new evidence from Indonesian companies, Issues in Social and Enviromental Accounting, 3(1), 66-87.
  • Fettahoğlu, S. (2014). İşletmelerde sosyal sorumluluk ile finansal performans arasındaki ilişki: imkb’ye yönelik bir uygulama, Sosyal ve Beşerî Bilimler Dergisi, 6(1), 11-20.
  • Freeman, R.E. (1984). Strategic Management: A Stakeholder Approach.United Kingdom: Cambridge University Press.
  • Gençoğlu, Ü.G. & Aytaç, A. (2016). Kurumsal sürdürülebilirlik açısından entegre raporlamanın önemi ve bist uygulamaları, Muhasebe ve Finansman Dergisi, 72, 51-66.
  • Ghazali, N.A.M. (2007). Ownership structure and corporate social responsibility disclosure: some Malaysian evidence, Corporate Governance, 7(3), 251-266.
  • Glac, K. (2010). The Influence Of Shareholders On Corporate Social Responsibility, Center for Ethical Business Cultures, 1-38.
  • Global Reportıng Initiative (GRI). G4 Sürdürülebilirlik Raporlaması Kılavuzları, Raporlama İlkeleri ve Standart Bildirimler, Erişim; 11.02.2020, https://surdurulebilirlik.garantibbva.com.tr/media/1059/turkish-g4-part-one.pdf
  • Haladu, A. & Salim, B.BT. (2016). Corporate ownership and sustainability reporting: enviromental agencies’ moderating effects, International Journal of Economics and Financial Issues, 6(4), 1784-1790.
  • Iqbal, N., Ahmad, N., Basheer, N.A. & Nadeem, M. (2012). Impact of corporate social responsibility on financial performance of corporations: evidence from Pakistan,
  • International Journal of Learning ve Development, 2(6), 107-118.
  • Kabsun, N.F., Teh, B.H. & Ong, T.S. (2016). Sustainability reporting and financial performance of Malaysian public listed companies, Institutions and Economies, 8(4), 78-93.
  • Kaya, E.Ö. (2010). Sürdürülebilir kalkınma sürecinde bankaların rolü ve Türkiye’de sürdürülebilir bankacılık uygulamaları, İşletme Araştırmaları Dergisi, 2(3), 75-94.
  • Kane, G.D. & Velury, U. (2004). The role of institutional ownership in the market for auditing services: an empirical investigation, Journal of Business Research,57(9), 976-983.
  • King, A. & Bartels, W. (2016). The KPMG Survey of Corporate Responsibility Reporting 2015, Netherlands: Haymarket Network Ltd.
  • Koçel, T. (2003). İşletme Yöneticiliği. İstanbul: Beta Yayınevi.
  • KPMG, CCG, GRI, UNEP. (2013). Carrots and sticks: sustainability reporting policies worldwide-today’s best practice, tomorrow’s trends, Erişim: 11.02.2020, https://www.globalreporting.org/resourcelibrary/Carrots-and-Sticks.pdf
  • Kolk, A. (2004). A decade of sustainability reporting: developments and significance, International Journal of Enviroment and Sustainable Development, 3(1), 51-64.
  • Kusuma, A.P.A. & Koesrindartoto, D.P. (2014). Sustainability practices and financial performance: an empirical evidence from Indonesia, International Conference on Trends in Economics, Humanities and Management (ICTEHM’14), 13-14 August, Pattaya.
  • Laskar, N. (2018). Impact of corporate sustainability reporting on firm performance: an emprical examination in Asia, Journal of Asia Business Studies, 12(4), 571-593.
  • Lozano, R. & Huishing, D. (2011). Inter-linking issues and dimensions in sustainability reporting, Journal of Cleaner Production,19, 99-107.
  • Lozano, R. (2013). Sustainability inter-linkages in reporting vindicated: a study of Europen companies, Journal Cleaner of Production, 51, 57-65.
  • Mita, A.F., Silalahi, H.F. & Halimatussadiah, A. (2018). Corporate social responsibility disclosure and bank’s financial performance in five ASEAN countries, Journal of Economics, Business and Accountacy Ventura, 21(2), 159-167.
  • Murray, A., Sinclair, D., Power, D. & Gary, R. (2006). Do financial markets care about social and environmental disclosure?, Accounting, Auditing and Accountability Journal, 19(2), 228-255.
  • Nobanee, H. & Ellili, N. (2016). Corporate sustainability disclosure in annual reports: evidence from UAE banks: Islamic versus conventional, Renewable and Sustainable Energy Reviews, 55, 1336-1341.
  • Özçelik, F., Öztürk, B.A. & Gürsakal, S. (2014). Investigating the relationship between corporate social responsibility and financial performance in Turkey, Atatürk Üniversitesi İktisadi ve İdari Bilimler Dergisi, 28(3), 189-203.
  • Pava, M.L. & Krausz, J. (1996). The association between corporate social-responsibility and financial performance: the paradox of social cost, Journal of Business Ethics, 15, 321-357.
  • Preston, L.E. & Q’bannon D.P. (1997). The corporate social-financial performance relationship: a typology analysis, Business and Society, 36(4), 419-429.
  • Smith, A.M. & Zyl, J.V. (2016). Investigating the extent of sustainability reporting in the banking industry, Banks and Banks Systems, 11(4), 71-81.
  • Roman, R.M., Hayibor, S. & Agle, B.R. (1999). The relationship between social and financial performance: repainting a portrait, Business and Society, 38(1), 109-125.
  • Rudyanto, A. (2017). State ownership, family ownership and sustainability report quality: the moderating role of board effectiveness, Accounting and Finance Review, 2(2), 15-25.
  • Secci, D. (2005). The Italian experience in social reporting: an empirical analysis, Corporate Social and Environmental Management, 13, 135-149.
  • Shamil, M.M., Shaikh, J.M., Ho, P.L. & Krishnan, A. (2014). The influence of board characteristics on sustainability reporting: emprical evidence from Sri Lanka firms, Asian Review of Accounting, 22(2), 78-97.
  • Şendurur, U. & Karacaer, S. (2017). Üçlü sorumluluk raporlaması: BIST 100 endeksi üzerinde bir araştırma, Ulakbilge, 5(12), 897-930.
  • Şendurur, U. & Temelli, F. (2018). Türkiye’de faaliyet gösteren geleneksel bankalar ve katılım bankalarının sürdürülebilirlik açısından karşılaştırılması, Muhasebe Bilim Dünyası Dergisi, 20(2), 330-346.
  • Şişman, B., Doğan, M. & Ağca, V. (2016). Tedarik zinciri yönetimi boyutuyla kurumsal sürdürülebilirlik ve finansal performans ilişkisi: BİST sürdürülebilirlik endeksinde yer alan firmalarda bir araştırma, AİBÜ Sosyal Bilimler Enstitüsü Dergisi, 16(1), 75-96.
  • Tagesson, T., Blank, V., Broberg, P. & Collin, S. (2009). What explains the extentand content of social and environmental reporting in Swedish listed corporations, Corporate Social Responsibility and Environmental Management, 16, 352-364.
  • Taşdemir, B. (2017). Sürdürülebilirlik raporları kapsamında kurumsal sosyal sorumluluğun finansal performans üzerindeki etkisi: BIST sürdürülebilirlik endeksinde bir araştırma, Nevşehir Hacı Bektaş Veli Üniversitesi Sosyal Bilimler Enstitüsü İşletme Anabilim Dalı, Yayımlanmamış Yüksek Lisans Tezi, Nevşehir.
  • Topaloğlu, G. (2019). Sürdürülebilirlik Çalışmalarının İşletmelerin Finansal Performanslarına Etkisi, İstanbul Ticaret Üniversitesi Finans Enstitüsü, Sermaye Piyasası Anabilim Dalı, Yayımlanmamış Yüksek Lisans Tezi, İstanbul.
  • Vance, S. C. (1975). Are socially responsible corporations good investment risks? Management Review, 64, 18-24.
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There are 64 citations in total.

Details

Primary Language English
Subjects Business Administration
Journal Section Articles
Authors

Mesut Doğan This is me 0000-0001-6879-1361

Publication Date June 16, 2021
Submission Date July 16, 2020
Published in Issue Year 2021 Volume: 50 Issue: 1

Cite

APA Doğan, M. (2021). Relationship Between Sustainability Report, Financial Performance, and Ownership Structure: Research on The Turkish Banking Sector. Istanbul Business Research, 50(1), 77-102.

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