Environmental Disclosure: Determinants and Effects on Financial Performance? An Empirical Evidence from TurkeyAbstract: This article investigates the determinants of public disclosure of environmental information by firms and its effect on their financial performance. Using a sample of 66 firms listed on Istanbul Stock Exchange during the period of 2014-2018, we find that highly leveraged and larger firms, and firms with higher equity agency costs are more likely to disclose environmental information. However, the results indicated that profitability, industry type, information asymmetry, investment opportunities and business risk do not affect the probability that the firm will disclose environmental information. Finally, we find a weak evidence that environmental disclosure affects the financial performance of Turkish firms

Ismail Kalash

Sosyoekonomi Journal, 2020

Keywords: Environmental Disclosure; Determinants; Financial Performance.Issue: 28(46) (search for similar items in EconPapers)
JEL-codes: G30 Q50 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (5)

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