Kartal, Mustafa Tevfık; Depren, Serpil Kılıç; Pata, … - In: Financial innovation : FIN 10 (2024), pp. 1-20
) disclosures and ESG scores for publicly traded companies in the Borsa Istanbul Sustainability (XUSRD) index. In this context, this … fourfold. (1) The MLP algorithm has explanatory power (i.e., R2 ) of 79% in estimating companies' ESG scores. (2) Com‑ mon …, environment, social, and governance pillars have respective weights of 21.04%, 44.87%, 30.34%, and 3.74% in total ESG scores. (3 …