Sustainability to financial realities: A comparative study of renewable energy's impact on financial performance

dc.authorid0000-0002-3655-465X
dc.authorid0000-0001-6036-0559
dc.authorid0000-0002-9119-3252
dc.authorid0000-0003-3540-2264
dc.contributor.authorChlyeh, Dounia
dc.contributor.authorBayraktar, Erkan
dc.contributor.authorYılmaz, Mustafa Kemal
dc.contributor.authorTatoğlu, Ekrem
dc.contributor.authorZaim, Selim
dc.contributor.otherYönetim Bilimleri Fakültesi, İşletme Bölümü
dc.date.accessioned2024-09-26T12:41:30Z
dc.date.available2024-09-26T12:41:30Z
dc.date.issued2024
dc.departmentİHÜ, Yönetim Bilimleri Fakültesi, İşletme Bölümü
dc.departmentİHÜ, Lisansüstü Eğitim Enstitüsü, İşletme Ana Bilim Dalı
dc.description.abstractThis study examines the impact of renewable energy (RE) performance on companies' financial performance, primarily focusing on RE-related sustainable development goals (SDGs) and environmental factors. We analyze a sample of 2,737 companies across 47 countries from 2009 to 2018 using panel data analysis. Our results suggest that the effect of RE performance can be understood through three phases: policies adopted, targets established, and actions implemented. Interestingly, RE policies negatively impact profitability due to the substantial costs incurred by companies. Moreover, RE-related SDGs are found to affect companies' financial performance adversely. However, environmental factors demonstrate a positive and significant impact on corporate financial performance, which is observed consistently across developed and emerging countries. Furthermore, RE performance targets and actions have a significant positive impact, specifically in developed countries. This highlights the complex relationship between RE initiatives and financial outcomes, highlighting differential effects across various stages of implementation and geographic contexts.
dc.identifier.citationChlyeh, D., Bayraktar, E., Yılmaz, M. K., Tatoğlu, E. ve Zaim, S. (2024). Sustainability to financial realities: A comparative study of renewable energy's impact on financial performance. PICMET 2024 - 2024 Portland International Conference on Management of Engineering and Technology: Technology Management in the Artificial Intelligence Era, Proceedings içinde (1-11 ss.). Portland: Institute of Electrical and Electronics Engineers. https://www.doi.org/10.23919/PICMET64035.2024.10653323
dc.identifier.doi10.23919/PICMET64035.2024.10653323
dc.identifier.endpage11
dc.identifier.isbn9.78189E+12
dc.identifier.scopus2-s2.0-85204349424
dc.identifier.scopusqualityN/A
dc.identifier.startpage1
dc.identifier.urihttps://www.doi.org/10.23919/PICMET64035.2024.10653323
dc.identifier.urihttps://hdl.handle.net/20.500.12154/3039
dc.indekslendigikaynakScopus
dc.institutionauthorYılmaz, Mustafa Kemal
dc.institutionauthorTatoğlu, Ekrem
dc.institutionauthorZaim, Selim
dc.institutionauthorid0000-0001-6036-0559
dc.institutionauthorid0000-0002-9119-3252
dc.institutionauthorid0000-0003-3540-2264
dc.language.isoen
dc.publisherInstitute of Electrical and Electronics Engineers
dc.relation.ispartofPICMET 2024 - 2024 Portland International Conference on Management of Engineering and Technology: Technology Management in the Artificial Intelligence Era, Proceedings
dc.relation.publicationcategoryKonferans Öğesi - Uluslararası - Kurum Öğretim Elemanı
dc.relation.publicationcategoryÖğrenci
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectRenewable Energy Sources
dc.subjectData Analysis
dc.subjectCosts
dc.subjectProfitability
dc.subjectFocusing
dc.subjectCompanies
dc.subjectEnvironmental Factors
dc.titleSustainability to financial realities: A comparative study of renewable energy's impact on financial performance
dc.typeConference Object
dspace.entity.typePublication
relation.isAuthorOfPublication9b408141-b1c4-485b-8f06-14ff4eccc6a7
relation.isAuthorOfPublication29f46236-65bf-4da8-b2be-b9826daecb5e
relation.isAuthorOfPublicatione854a5d5-11a9-4148-a1aa-863a4c13eeb5
relation.isAuthorOfPublication.latestForDiscovery9b408141-b1c4-485b-8f06-14ff4eccc6a7
relation.isOrgUnitOfPublicationc9253b76-6094-4836-ac99-2fcd5392d68f
relation.isOrgUnitOfPublication.latestForDiscoveryc9253b76-6094-4836-ac99-2fcd5392d68f

Dosyalar

Orijinal paket
Listeleniyor 1 - 1 / 1
Yükleniyor...
Küçük Resim
İsim:
yilmaz-m
Boyut:
390.76 KB
Biçim:
Adobe Portable Document Format
Açıklama:
Tam Metin / Full Text
Lisans paketi
Listeleniyor 1 - 1 / 1
İsim:
license.txt
Boyut:
1.17 KB
Biçim:
Item-specific license agreed upon to submission
Açıklama: