The Impact of ESG Criteria on Firm Value: A Strategic Analysis of the Airline Industry
Ferah Yildiz,
Faruk Dayi,
Mustafa Yucel
et al.
Abstract:Environmental, social, and governance (ESG) factors are crucial in evaluating a company’s value. High ESG scores reflect ethical practices, social responsibility, and effective governance. This paper examines the impact of ESG criteria on firm value within the airline industry, focusing on their influence on operational efficiency, risk reduction, and financial performance. Using panel data analysis, the study evaluates ESG scores from 32 airline companies over the period of 2018–2023, with an explanatory powe… Show more
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