EFFECT OF DISCLOSURES ON SUSTAINABILITY PERFORMANCE INDICATORS ON FINANCIAL PERFORMANCE: AN APPLICATION IN BIST
Journal Title: Muhasebe ve Vergi Uygulamaları Dergisi - Year 2018, Vol 11, Issue 1
Abstract
The main purpose of this research is to examine the impact of disclosed sustainability information level on the financial performance of companies. For this purpose the period from 2008 to 2014 of 30 publicly traded companies that prepare reports according to GRI reporting principles and are traded on the BIST are included. The level of sustainability information disclosed in the sustainability reports has been investigated as economic, environmental and social performance. Financial performance is measured by financial ratios such as asset profitability, return on equity, MV/BV ratio and P/E ratio. Panel data analysis method was applied in the research and the sector has been added as a control variable. As a result of this research, the level of information disclosed for environmental performance has positive effect on the return on assets and the return on equity, and the level of information disclosed on social performance has positive effect on the return on assets.
Authors and Affiliations
Murat DÜZER, Saime ÖNCE
Keywords
Related Articles
- EP ID EP260808
- DOI 10.29067/muvu.372882
- Views 100
- Downloads 0
ARAŞTIRMA, GELİŞTİRME (AR-GE) VE TASARIM HARCAMALARININ VERGİSEL DÜZENLEMELER VE TEŞVİKLER ÇERÇEVESİNDE İNCELENMESİ VE MUHASEBELEŞTİRİLMESİ
The aim of this study is to evaluate the accounting practices about research and development expenses and their ‘Reduction Principles’ from company profits. Firstly, R&D reduction principles and scope of expenses are dis...
IMPROVEMENT OF ACCOUNTING INFORMATION QUALITY BASED ON CORPORATE GOVERNANCE
Business management misconduct has caused financial failures and reduced investor confidence. Corporate governance principles have been developed to regain investor confidence. Corporate governance practices aim to provi...
A HISTORICAL VIEW OF THE GOING CONCERN BEING THE FUNDAMENTAL ASSUMPTIONS OF ACCOUNTING
The going concern assumption has direct or indirect effects on accounting implementations. This assumption is closely related with periodicity assumption, cost principle and consistency concepts and it is leading motive...
THE CONTENT ANALYSIS IN INTEGRATED REPORTING: A RESEARCH ON AWARDED REPORTS
Integrated reporting is seen as a long way to go in terms of practitioners, despite the inclusion of companies in reporting programs as a new reporting system and the attemptto identification of frameworks by various org...
A STUDY FOR THE DETERMINATION OF OPINIONS OF ACCOUNTING PROFESSIONALS IN AEGEAN REGION ON FORENSIC ACCOUNTING
It is known that in recent years, accounting fraud cause major bankruptcies that shook the world economy in general. As a result, countries and businesses began to take more serious measures to prevent this situation. Fo...