Dijitalleşme Yatırımlarının Türkiye’deki Şirketlerin ESG Skorları Üzerindeki Etkisi: Bir Panel Kantil Regresyon Yaklaşımı

Meltem Kılıç; Aydın Gürbüz

doi:10.37880/cumuiibf.1607680

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Dijitalleşme Yatırımlarının Türkiye’deki Şirketlerin ESG Skorları Üzerindeki Etkisi: Bir Panel Kantil Regresyon Yaklaşımı

Öz

Dijitalleşme, son yıllarda küresel ölçekte önemli bir gelişim alanı haline gelmiştir. Teknolojik yenilikler ve dijital dönüşüm, işletmelerin stratejik kararlarını, operasyonel verimliliklerini ve pazardaki rekabetçiliklerini önemli ölçüde etkilemektedir. Bunun yanı sıra, dijitalleşme yalnızca ekonomik ve operasyonel düzeyde değil, aynı zamanda çevresel, sosyal ve yönetişim (ESG) kriterlerine de etkide bulunmaktadır. ESG, günümüzde şirketlerin sürdürülebilirlik performanslarını değerlendiren bir ölçüt haline gelmiş ve bu kriterlere odaklanan yatırımlar hem yatırımcılar hem de diğer paydaşlar tarafından giderek daha fazla önemsenmektedir. Bu bağlamda, dijitalleşme yatırımlarının ESG skorları üzerindeki potansiyel etkileri, özellikle Türkiye gibi gelişmekte olan ekonomilerde merak konusu olmuştur. Bu çalışmada, 2015-2022 yılları arasında Türkiye'deki ESG (Çevresel, Sosyal ve Yönetişim) skoru yayımlayan firmaların dijitalleşme yatırımlarının ESG skorları üzerindeki etkisi incelenmiştir. Panel kantil regresyon yöntemiyle yapılan analizde, firmaların dijitalleşme yatırımlarının, özellikle düşük ESG skoruna sahip olan %10’luk kantil aralığındaki firmaların ESG skorları üzerinde anlamlı bir etkisi olduğu bulunmuştur. Bununla birlikte, diğer kantil aralıklarında dijitalleşme yatırımlarının ESG performansı üzerinde anlamlı bir etkisi gözlemlenmemiştir. Bu durum, dijitalleşmenin etkisinin, belirli bir gelişmişlik düzeyine ulaşmış firmalar için farklı şekilde şekillendiğini ve dijitalleşme yatırımlarının daha düşük ESG performansına sahip firmalar için daha belirgin faydalar sağladığını göstermektedir.

Anahtar Kelimeler

The Impact of Digitalization Investments on the ESG Scores of Companies in Türkiye: A Panel Quantile Regression Approach

Abstract

Digitalization has become a significant area of development globally in recent years. Technological innovations and digital transformation are profoundly influencing businesses' strategic decisions, operational efficiencies, and competitiveness in the market. In addition, digitalization affects not only economic and operational aspects but also environmental, social, and governance (ESG) criteria. ESG has become a key measure for assessing the sustainability performance of companies, and investments focusing on these criteria are increasingly valued by investors and other stakeholders. In this context, the potential impact of digitalization investments on ESG scores has become a subject of interest, particularly in developing economies like Türkiye. This study examines the impact of digitalization investments on ESG scores of companies in Türkiye that published ESG (Environmental, Social, and Governance) scores between 2015 and 2022. The analysis, conducted using panel quantile regression, found that digitalization investments significantly affect the ESG scores of companies in the bottom 10% quantile with low ESG scores. However, no significant effect of digitalization investments on ESG performance was observed in other quantile ranges. This suggests that the impact of digitalization varies for companies at different levels of development, with digitalization investments providing more noticeable benefits for firms with lower ESG performance.

Keywords

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Details

Primary Language

Turkish

Subjects

Finance

Journal Section

Research Article

Authors

Meltem Kılıç ^*
0000-0001-8978-9076
Türkiye

Aydın Gürbüz
0000-0002-2428-2327
Türkiye

Publication Date

April 30, 2025

Submission Date

December 26, 2024

Acceptance Date

February 9, 2025

Published in Issue

Year 2025 Volume: 26 Number: 2

DOI

https://doi.org/10.37880/cumuiibf.1607680

IZ

https://izlik.org/JA64JE32LU

Cite

RIS / Bibtex

APA

Kılıç, M., & Gürbüz, A. (2025). Dijitalleşme Yatırımlarının Türkiye’deki Şirketlerin ESG Skorları Üzerindeki Etkisi: Bir Panel Kantil Regresyon Yaklaşımı. Cumhuriyet Üniversitesi İktisadi Ve İdari Bilimler Dergisi, 26(2), 223-241. https://doi.org/10.37880/cumuiibf.1607680