THE RELATIONSHIP BETWEEN BOARD CHARACTERISTICS AND ESG PERFORMANCE: EVIDENCE FROM THE OIL, GAS AND COAL SECTOR
Year 2022,
Volume: 6 Issue: 1, 17 - 37, 20.03.2022
Nevzat Güngör
,
Yasin Şeker
Abstract
The aim of this study is to provide evidence for the impact of board structure on environmental, social and corporate governance (ESG) performances of firms in oil-gas-coal sector. The study used data from 385 companies in the Oil, Gas and Coal sector worldwide which have been listed in ASSET4 between 2010 and 2019. Refinitiv's Thomson Reuters ASSET4, EIKON, and Datastream databases have been used to obtain data on ESG performance and financial performance variables used in the study. As a result of the regression analyzes carried out, it has been determined that the structure of the board of directors has an effect on the ESG performance and its sub-dimensions.
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Yönetim Kurulu Yapısı ve ESG Performansı: Petrol Gaz ve Kömür Sektöründe Ampirik Bir Araştırma
Year 2022,
Volume: 6 Issue: 1, 17 - 37, 20.03.2022
Nevzat Güngör
,
Yasin Şeker
Abstract
Bu çalışmanın amacı petrol-gaz-kömür sektöründe faaliyet gösteren şirketlerin yönetim kurulu yapısının çevresel, sosyal ve kurumsal yönetim (Environmental, Social, Governance-ESG) performanslarına etkisine yönelik kanıtlar sunmaktır. Bu amaçla çalışmada, Petrol Gaz ve Kömür sektöründe dünya genelinde ASSET4’te yer alan 385 şirketin 2010-2019 yıllarını kapsayan verileri kullanılmıştır. Çalışma kapsamında kullanılan ESG performansı ve finansal performans değişkenlerine ait veriler Refinitiv’in Thomson Reuters ASSET4, EIKON ve Datastream veri tabanından elde edilmiştir. Gerçekleştirilen regresyon analizleri sonucunda şirketlerin yönetim kurulu yapısının ESG performansı ve alt boyutları üzerinde etkili olduğu tespit edilmiştir.
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