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Year 2020, Volume 28 , Issue 46, Pages 95 - 115 2020-10-31

Environmental Disclosure: Determinants and Effects on Financial Performance? An Empirical Evidence from Turkey
Çevresel Açıklama: Belirleyiciler ve Finansal Performans Üzerindeki Etkileri? Türkiye’den Ampirik Bir Kanıt

İsmail KALASH [1]

Abstract

This article investigates the determinants of environmental disclosure and its effect on financial performance. Using a sample of 66 firms listed on Istanbul Stock Exchange during the period 2014-2018, we find that highly leveraged and larger firms, and firms with higher equity agency costs are more likely to disclose environmental information. However, the results indicated that profitability, industry type, information asymmetry, investment opportunities and business risk do not affect the probability that the firm will disclose environmental information. Finally, we find a weak evidence that environmental disclosure affects the financial performance of Turkish firms.
Bu çalışma, çevresel açıklamanın belirleyicileri ve finansal performans üzerindeki etkilerini incelemektedir. Borsa İstanbul’da (BİST) hisse senetleri işlem gören 66 firmanın 2014-2018 yıllarına ait verilerini kullanarak yüksek kaldıraca ve yüksek özkaynağın temsilci (vekalet) maliyetlerine sahip firmalar ve büyük firmaların çevresel bilgiler açıklama olasılığının daha yüksek olduğu tespit edilmiştir. Yine, karlılık, endüstri tipi, bilgi asimetrisi, yatırım fırsatları ve faaliyet riskinin firmanın çevresel bilgiler açıklama ihtimalini etkilemediği ortaya çıkmıştır. Bununla birlikte, çevresel açıklamanın Türk firmaların finansal performansını etkilediği ile ilgili zayıf bir kanıt bulunmuştur.

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Details

Primary Language en
Subjects Social
Journal Section Articles
Authors

Orcid: 0000-0002-0674-0136
Author: İsmail KALASH (Primary Author)
Institution: DICLE UNIVERSITY
Country: Turkey
Dates

Publication Date : October 31, 2020

Cite

Bibtex @research article { sosyoekonomi598290, journal = {Sosyoekonomi}, issn = {1305-5577}, address = {}, publisher = {Sosyoekonomi Society}, year = {2020}, volume = {28}, pages = {95 - 115}, doi = {10.17233/sosyoekonomi.2020.04.05}, title = {Environmental Disclosure: Determinants and Effects on Financial Performance? An Empirical Evidence from Turkey}, key = {cite}, author = {Kalash, İsmail} }
APA Kalash, İ . (2020). Environmental Disclosure: Determinants and Effects on Financial Performance? An Empirical Evidence from Turkey . Sosyoekonomi , 28 (46) , 95-115 . DOI: 10.17233/sosyoekonomi.2020.04.05
MLA Kalash, İ . "Environmental Disclosure: Determinants and Effects on Financial Performance? An Empirical Evidence from Turkey" . Sosyoekonomi 28 (2020 ): 95-115 <https://dergipark.org.tr/en/pub/sosyoekonomi/issue/57521/598290>
Chicago Kalash, İ . "Environmental Disclosure: Determinants and Effects on Financial Performance? An Empirical Evidence from Turkey". Sosyoekonomi 28 (2020 ): 95-115
RIS TY - JOUR T1 - Environmental Disclosure: Determinants and Effects on Financial Performance? An Empirical Evidence from Turkey AU - İsmail Kalash Y1 - 2020 PY - 2020 N1 - doi: 10.17233/sosyoekonomi.2020.04.05 DO - 10.17233/sosyoekonomi.2020.04.05 T2 - Sosyoekonomi JF - Journal JO - JOR SP - 95 EP - 115 VL - 28 IS - 46 SN - 1305-5577- M3 - doi: 10.17233/sosyoekonomi.2020.04.05 UR - https://doi.org/10.17233/sosyoekonomi.2020.04.05 Y2 - 2020 ER -
EndNote %0 Sosyoekonomi Environmental Disclosure: Determinants and Effects on Financial Performance? An Empirical Evidence from Turkey %A İsmail Kalash %T Environmental Disclosure: Determinants and Effects on Financial Performance? An Empirical Evidence from Turkey %D 2020 %J Sosyoekonomi %P 1305-5577- %V 28 %N 46 %R doi: 10.17233/sosyoekonomi.2020.04.05 %U 10.17233/sosyoekonomi.2020.04.05
ISNAD Kalash, İsmail . "Environmental Disclosure: Determinants and Effects on Financial Performance? An Empirical Evidence from Turkey". Sosyoekonomi 28 / 46 (October 2020): 95-115 . https://doi.org/10.17233/sosyoekonomi.2020.04.05
AMA Kalash İ . Environmental Disclosure: Determinants and Effects on Financial Performance? An Empirical Evidence from Turkey. Sosyoekonomi. 2020; 28(46): 95-115.
Vancouver Kalash İ . Environmental Disclosure: Determinants and Effects on Financial Performance? An Empirical Evidence from Turkey. Sosyoekonomi. 2020; 28(46): 95-115.
IEEE İ. Kalash , "Environmental Disclosure: Determinants and Effects on Financial Performance? An Empirical Evidence from Turkey", Sosyoekonomi, vol. 28, no. 46, pp. 95-115, Oct. 2020, doi:10.17233/sosyoekonomi.2020.04.05
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İsmail KALASH [1]
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