The Runner Green Finance, New Financial Investments and Holdings Impact in The Green Economy

Abstract

According to the United Nations, when companies provide supply based on demand, environmental pollution occurs, and natural resources are depleted. Therefore, the green economy is a name given to the initiatives that develop to keep a tight rein on this image. These entrepreneurial activities must be structured depending on macroeconomic leadership under money and technology. The OECD accepts this definition partially and adopts drawbacks to green finance being created only by supra-firm entities; this investment needs to be directed from the companies to the green economy. But we have precisely no method in the literature that calculates green finance. We suggest a new accounting index for catchable green finance. In this context, new financial investments were determined over a difference from the subtraction of aggregate current assets from the aggregate fixed assets for any firm. Hence, that the difference is multiplied by a country's end-of-year policy rate to realize the OECD's concept angle below the macroeconomic (the state) lead makes sense. This equation creates a cross-section. The Turkish model of green finance has been generated by considering Turkish holdings in this paper. We extract the accounting index named new financial investment(s) from the annual reports of 16 Turkish holdings comprehensive for 2021. We start the cross-section methodology and consecutively configure the monetary amount of new financial investment(s) against the environmental expenditures and ecological taxes in TUIK 2020-2021 statistics.

Keywords

• Green economy
• Accounting
• Financial investment
• Firms
• Marginal cost

Yakalanamayan Yeşil Finans, Yeni Finansal Yatırımlar ve Yeşil Ekonomide Holdingler Etkisi

Abstract

Birleşmiş Milletlere göre firmalar, arzı, talep kanununa bağlı olarak sağlamakta iken çevre kirliliği meydana gelmektedir ve doğal kaynaklar tükenmektedir. Dolayısıyla, yeşil ekonomi bu tabloyu kontrol altında tutmak üzere gelişen girişimlere verilen bir isimdir. Bu tür girişimler para ve teknoloji olarak makro ekonomik kurumların öncülüğüne göre belirlenebilir ve yapılandırılabilir. OECD bu tanımlamayı yarı yarıya kabul ederek yeşil finansın yalnızca firma üstü oluşumlar tarafından belirlenmesinin son tahlilde yeterli olmadığını benimsemektedir. OECD’ye göre yeşil finansın firmalardan yeşil ekonomiye tam olarak yönlendirilmesi gerekmektedir. Ancak literatürde yeşil finansı kesin olarak hesaplayan bir denklem bulunmamaktadır. Yakalanabilir yeşil finans için yeni bir muhasebe indeksi öneriyoruz. Bu kapsamda yeni finansal yatırımlar, herhangi bir firma için toplam duran varlıklardan toplam dönen varlıkların çıkarılması ile varlık kazanmış bir fark değeri üzerinden belirlendi. Bu fark değerinin, OECD’e ait kavram algısının, makro ekonomik (devlet) öncülüğünün altında gerçekleşmesi amacıyla, bir ülkenin yıl sonu politika faizi ile çarpılması önerilmektedir. Bu, bir kesit verisi (cross-section) oluşturur. Bu çalışmada yeşil finansın Türkiye örneği adına Türk holdingler dikkate alınmaktadır. Öncelikle 16 holdingin faaliyet raporlarından 2021 yılına ilişkin yeni finansal yatırımlar çıkarılarak kesit verisi (cross-section) metodolojisine dahil edilmiştir. Ardından Türkiye örneğinin yeşil finansı, yeni finansal yatırımlar üzerinden kanıtlanmıştır. TÜİK 2020-2021 istatistiklerinde yerleşik çevre harcamaları ve çevre vergileri ile yeşil finans kategorileştirilmiştir.

Keywords

• Yeşil ekonomi
• Muhasebe
• Finansal yatırım
• Firmalar
• Marjinal maliyet

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