MANAGEMENT OF INNOVATIONS IN THE ENVIRONMENTAL, SOCIAL, AND GOVERNANCE SCORES AND SUSTAINABILITY PERFORMANCE THROUGH ESG DISCLOSURE: EVIDENCE FROM EMERGING MARKETS
Küçük Resim Yok
Tarih
2023
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Sumy State Univ, Dept Marketing & Management Innovative Activity
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
Based on managerial accounting, Ratings for the environment, society, and governance (ESG) are now crucial measures for assessing how corporations behave with respect to sustainability. This study aims to present research in the managerial accounting and innovation field to determine how industrial firms' sustainability performance and associated ESG scores relate to one another. This study especially evaluates the management of innovations in the manufacturing industry in terms of Turkey's ESG performance ratings based on Refinitiv Eikon's listing. To examine the association between the management of innovations in industrial firms' overall sustainability performance and ESG scores, hypotheses were developed and tested. Cutting-edge Smart-PLS 4.0 software was used to carry out a rigorous partial least squares (PLS) analysis together with conventional bootstrapping to accomplish these goals. The results show that the management of innovations in Turkey's manufacturing sector's sustainability performance is strongly impacted by all ESG issues (social, governance, and environmental scores), which makes it a vital issue from the perspective of the managerial accounting field. The present research emphasizes the management of innovations as a crucial part of determining the sustainability of the industrial sector's environment. The assignment of goals when conducting planning and policy making should appropriately take into account ESG-related factors, according to the key findings of this study. Industrial firms can improve their overall sustainability performance and make good contributions to the well-being of innovations, the environment and society while upholding sound governance standards by incorporating ESG concepts into decision-making processes. For the purpose of developing strategies that balance economic growth with sustainable development objectives, this research offers insightful information to industrial executives and legislators.
Açıklama
Anahtar Kelimeler
ESG, sustainability performances, innovations, environmental, social, governance
Kaynak
Marketing and Management of Innovations
WoS Q Değeri
Q4
Scopus Q Değeri
Cilt
14
Sayı
4
