A Research on the Impact of Carbon Emissions on Financial Performance of Companies in the Borsa Istanbul Sustainability Index

dc.contributor.authorKoç, Filiz Özşahin
dc.contributor.authorDeran, Ali
dc.date.accessioned2025-03-17T12:18:50Z
dc.date.available2025-03-17T12:18:50Z
dc.date.issued2024
dc.departmentTarsus Üniversitesi
dc.description.abstractThe goal of this study is to reveal the relationship between the amount of carbon emissions that firms emit into the atmosphere and financial performance of the firms. In this context, the data of 41 firms listed in the “Borsa Istanbul Sustainability Index” between 2017-2021 are examined. “Panel data analysis” methods were administered in the research. As consequences of the research, it is inferred that carbon emission intensity, size, leverage and growth variables have a significant impact on “Tobin’s Q Ratio and ROA”. Only the “growth” variable has a significant impact on “ROE”. However, the study shows that total carbon emission has no significant impact on “ROA, Tobin’s Q Ratio and ROE”. Limited research with in this content has been found in the national literature. Within this scope, the study is a pioneering research on determining the relationship between carbon emissions and financial performance of companies traded in the \"BIST Sustainability Index\" and is assessed to contribute to practitioners and the literature regarding the findings obtained.
dc.identifier.doi10.29023/alanyaakademik.1436992
dc.identifier.endpage686
dc.identifier.issn2547-9733
dc.identifier.issn2651-4192
dc.identifier.issue2
dc.identifier.startpage671
dc.identifier.trdizinid1266458
dc.identifier.urihttps://doi.org/10.29023/alanyaakademik.1436992
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/1266458
dc.identifier.urihttps://hdl.handle.net/20.500.13099/1024
dc.identifier.volume8
dc.indekslendigikaynakTR-Dizin
dc.language.isoen
dc.relation.ispartofAlanya Akademik Bakış
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_TR_20250316
dc.subjectPanel Data Analysis
dc.subjectSustainability
dc.subjectFinancial Performance
dc.subjectCarbon Emissions
dc.subjectFinancial Performance Indicators
dc.titleA Research on the Impact of Carbon Emissions on Financial Performance of Companies in the Borsa Istanbul Sustainability Index
dc.typeArticle

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