Kurumsal Sosyal Sorumluluk ve Finansal Başarısızlık Riski: Borsa İstanbul’da İşlem Gören Konaklama İşletmelerinde Bir Araştırma

Abstract

Bu araştırmanın amacı, kurumsal sosyal sorumluluk (KSS) performansı yüksek ve düşük olan konaklama
işletmelerinin finansal başarısızlık risklerinin karşılaştırılmasıdır. Bu amaçla 2014-2019 yılları arasında Borsa
İstanbul’da işlem gören konaklama işletmeleri içinde kurumsal sosyal sorumluluk performansı yüksek ve
düşük olanlar belirlenmiştir. Ayrıca kurumsal sosyal sorumluluk performansı yüksek ve düşük işletmelerin
2015-2020 yıllarına ait finansal başarısızlık riskleri Altman Z Skor modeline göre hesaplanmıştır. Analiz
sonucunda kurumsal sosyal sorumluluk performansı yüksek olan işletmelerin Altman Z Skor değerlerinin daha
yüksek olduğu ve bu bağlamda finansal başarısızlık risklerinin daha düşük olduğu belirlenmiştir. Bununla
birlikte gerçekleştirilen Mann-Whitney U testi sonucunda her iki grup arasında Altman Z Skor değerleri
bağlamında istatistiksel olarak anlamlı farklılık saptanmıştır

Keywords

• Kurumsal Sosyal Sorumluluk
• Finansal Başarısızlık Riski
• Altman Z Skor
• Konaklama İşletmeleri
• Borsa İstanbul

Corporate Social Responsibility and Financial Failure Risk: A Research on Borsa İstanbul Lodging Companies

Abstract

The study aims to compare the financial failure risks of lodging companies with high and low corporate
social responsibility (CSR) performance. For this purpose, companies with high and low corporate social
responsibility performance were determined among the Borsa Istanbul lodging companies between the years
2014-2019. In addition, the financial failure risks of companies with high and low corporate social
responsibility performance for the years 2015- 2020 were calculated according to the Altman Z Score model. As
a result of the analysis, it was determined that companies with high corporate social responsibility performance
have higher Altman Z Score values and their financial failure risks are lower. However, a statistically significant
difference was found between the two groups in the context of Altman Z Score values.

Keywords

• Corporate Social Responsibility
• Financial Failure Risk
• Altman Z Score
• Lodging Companies
• Borsa İstanbul

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