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Environment and Sustainability

Edited By Celil Aydin and Burak Darici

The fact that environmental issues, which cause a significant externality within global goods, have gained a global dimension, necessitated more concrete steps for challenging with environmental issues. At this point, efforts to reduce environmental issues and protect the environment have been on the axis of sustainability. This book contains theoretical and empirical researches written by academicians and researches in the field of environment and sustainability. In the contributions, the macro dimensions of environmental pollution such as economic growth, health sector and technological development are examined. In addition to these, the contributors deal with micro dimensions such as consumption, marketing, accounting and firm behavior both in theory and empirically.

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An Outlook on Companies’ Environmental Activities in terms of Corporate Governance

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Introduction

With the industrial revolution, the success of capitalism created some opportunities for the enterprises to grow quickly. As a result of this growth, the investors brought their capitals together with the aim of providing enough resources to the big projects and established big companies. In line with their aims to obtain more benefits, these new companies used natural resources in an unlimited and unconscious manner for growth and profit without considering the harm that they gave to the environment.

The ecology movement on environmental pollution and energy saving that started in the 1960s spread with almost the same extent as the growth and globalization of the companies that paved the way for this movement. During the 2000s, personal and social consciousness on the environment became much more obvious. It can also be said that the environmental issues started to be used as a competition resource in the areas of business and politics. The companies that want to go a step further than its rivals have understood that not only profit, but also long-term social support is important in the presence of increasing environmental consciousness and movements.

Corporate governance has generally been accepted by all of the stakeholders as good and effective governance principles aiming to enable companies to function with a fair (or equal), transparent, responsible and accountable governance understanding. The significance of balancing the relations between company and stakeholders as well as those among stakeholders in a way that will...

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