Clustering of firms based on environmental, social, and governance ratings: Evidence from BIST sustainability index
In this paper, companies listed on the Borsa Istanbul (BIST) Sustainability Index are analyzed by performing a cluster analysis based on their environmental, social, and governance (ESG) scores. The results prove that firms with higher ESG ratings do not necessarily perform well in all ESG aspects....
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2022-12-01
|
| Series: | Borsa Istanbul Review |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S221484502200093X |