Open AccessRelationship between corporate governance and corporate sustainability: a sample of borsa Istanbul, Turkey
Author(s) -
Mehmet Taşkırmaz,
Canan Gamze Bal
Publication year - 2016
Publication title -
international journal of innovative research in education
Language(s) - English
Resource type - Journals
ISSN - 2421-8162
DOI - 10.18844/ijire.v2i2.354
Subject(s) - corporate governance , stakeholder , accounting , corporate sustainability , context (archaeology) , sustainability , business , corporate social responsibility , shareholder , sample (material) , sustainability reporting , economics , political science , public relations , management , finance , ecology , geography , biology , chemistry , chromatography , archaeology
The papers that corporate governance have been examined are widely available in the literature. However, the studies which investigated the relationship between corporate governance and corporate sustainability is limited. Although corporate governance is reputed to some companies’ scandals such as Enron and Parmalat, corporate governance came into question with certain reports such as Cadbury and Hampel. But corporate sustainability conception spreads throught the World by Brundtland report more. The aim of this study is to explore whether there is relationship between corporate governance and corporate sustainability or not and to investigate the direction and strength of the relationship if there is a link. In this context, BIST XKURY and XUSRD indexes are used and Granger causality test is employed to study relationship between said variables. Results emphasize that there is a positively strong relationship between said variables and the causality relation is in two-way. Consequently, an overview has been demonstrated.Keywords: Corporate governance, corporate sustainability, shareholder, stakeholder, social responsibility