The Dark Side of ESG Ratings: Future Challenges for Financial Resources of Firms
Yazarlar (3)
Prof. Dr. Aykut Arslan Piri Reis Üniversitesi, Türkiye
Prof. Dr. Serdar YENER Sinop Üniversitesi, Türkiye
Dr. Öğr. Üyesi Abdülkadir Akturan Piri Reis Üniversitesi, Türkiye
| Makale Türü | Özgün Makale (SCOPUS dergilerinde yayınlanan tam makale) | ||
| Dergi Adı | Foresight and STI Governance | ||
| Dergi Tarandığı Indeksler | Scopus | ||
| Makale Dili | Türkçe | Basım Tarihi | 01-2025 |
| Cilt / Sayı / Sayfa | 19 / 3 / 145–174 | DOI | – |
| Makale Linki | https://foresight-journal.hse.ru/article/view/26712 | ||
| UAK Araştırma Alanları |
Örgütsel Davranış
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| Özet |
| This paper critically examines the methodological inconsistencies of Environmental, Social, and Governance (ESG) ratings and their impact on financial decision-making. While ESG scores are intended to guide investors and policymakers toward responsible business practices, discrepancies in rating methodologies raise concerns about their reliability and strategic value. Using a conceptual and theoretical framework, this paper integrates perceptions from institutional theory, signaling theory, and the sociology of valuation to explore how ESG ratings shape corporate sustainability narratives. It also draws on empirical studies to demonstrate inconsistencies in ESG scores and their consequences for financial markets. |
| Anahtar Kelimeler |
