Muhasebe İhtiyatlılığı ve Sürdürülebilirlik: BIST 100’de Bir Araştırma

Çalışmanın amacı, muhasebe ihtiyatlılığı ve sürdürülebilirlik performansı arasındaki ilişkiyi araştırmaktır. Bu amaçla BIST 100 şirketlerinin 2021 yılı verileri kullanılarak çoklu regresyon analizi uygulanmıştır. Çalışmada ihtiyatlılık göstergesi olarak piyasa değeri / defter değeri oranı, sürdürülebilirlik performans göstergesi olarak da Refinitiv tarafından hesaplanan ESG puanları kullanılmıştır. Çalışmada elde edilen sonuçlara göre ESG puanı, çevresel, sosyal ve yönetişim performans puanları ile ihtiyatlılık arasında anlamlı bir ilişki bulunamamıştır. Bununla birlikte işletme büyüklüğü ile ihtiyatlılık arasında anlamlı ve ters yönlü bir ilişki tespit edilmiştir. Ayrıca Sürdürülebilirlik Endeksi’nde yer alan şirketlerin daha düşük düzeyde ihtiyatlılığa sahip oldukları görülmüştür.

Anahtar Kelimeler:

Muhasebe İhtiyatlılığı, Sürdürülebilirlik, Piyasa Değeri / Defter Değeri Oranı.

Accounting Conservatism and Sustainability: A Research in BIST 100

The aim of the study is to investigate the relationship between accounting conservatism and sustainability performance. For this purpose, multiple regression analysis was applied using the 2021 data of BIST 100 companies. In the study, market value / book value ratio was used as an indicator of conservatism, and ESG scores calculated by Refinitiv were used as a sustainability performance indicator. According to the results obtained in the study, no significant relationship was found between the ESG score, environmental, social and governance performance scores and conservatism. However, a significant and inverse relationship was found between firm size and conservatism. In addition, it has been observed that companies included in the Sustainability Index have a lower level of conservatism.

Keywords:

Accounting Conservatism, Sustainability, Market to Book Ratio,

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