Is There a Relationship between Environmental - Social Performance and GDP per Capita? Evidence from the G-20 Countries

Abstract

English Abstract: The fact that several environmental and social risks are on increase and have become a more complex structure with globalization, they impose greater jeopardy to countries than economic risks. Hence, it is necessary to investigate the relationship between the performances related to these risks. For this purpose, environmental and social performance indicators based on the G-20 countries' data have been weighted firstly with the Entropy method. Then, performance measurement has been done with the Gray Relational Analysis method. In the final stage, the relationship between these performance scores and the Gross Domestic Product (GDP) per capita, which is one of the economic performance indicators, has been investigated by calculating the Spearman rank correlation coefficient. Findings reveal that there is a strong positive relationship between environmental-social performance and GDP per capita. Turkish Abstract: Kuresellesmeyle birlikte gittikce artan ve daha karmasik bir yapiya burunen bircok cevresel ve sosyal riskin ekonomik risklerden daha onemli hale gelmesi, soz konusu riskleri barindiran performanslar arasindaki iliskinin arastirilmasini gerekli kilmaktadir. Calismada bu amacla, ilk olarak cevresel ve sosyal performans gostergeleri Entropi yontemiyle G-20 ulkeleri temel alinarak agirliklandirmistir. Ardindan, Gri Iliskisel Analiz yontemi ile performans olcumu gerceklestirilmistir. Son asama ise elde edilen bu performans puanlari ile ekonomik performans gostergelerinden biri olan kisi basina dusen Gayri Safi Yurtici Hasila (GSYIH) arasindaki iliski Spearman sira korelasyon katsayisi hesaplanarak arastirilmistir. Analiz bulgulari, cevresel-sosyal performans ile kisi basina dusen GSYIH arasinda pozitif yonde guclu bir iliski oldugunu ortaya koymaktadir.