The Runner Green Finance, New Financial Investments and Holdings Impact in The Green Economy

Authors : Görkem Can SÜLEYMANOĞLU

Pages : 804-821

Doi:10.24988/ije.1238871

View : 122 | Download : 62

Publication Date : 2023-09-05

Article Type : Research Paper

Abstract :According to the United Nations, when companies provide supply based on demand, environmental pollution occurs, and natural resources are depleted. Therefore, the green economy is a name given to the initiatives that develop to keep a tight rein on this image. These entrepreneurial activities must be structured depending on macroeconomic leadership under money and technology. The OECD accepts this definition partially and adopts drawbacks to green finance being created only by supra-firm entities; this investment needs to be directed from the companies to the green economy. But we have precisely no method in the literature that calculates green finance. We suggest a new accounting index for catchable green finance. In this context, new financial investments were determined over a difference from the subtraction of aggregate current assets from the aggregate fixed assets for any firm. Hence, that the difference is multiplied by a country\`s end-of-year policy rate to realize the OECD\`s concept angle below the macroeconomic insert ignore into journalissuearticles values(the state); lead makes sense. This equation creates a cross-section. The Turkish model of green finance has been generated by considering Turkish holdings in this paper. We extract the accounting index named new financial investmentinsert ignore into journalissuearticles values(s); from the annual reports of 16 Turkish holdings comprehensive for 2021. We start the cross-section methodology and consecutively configure the monetary amount of new financial investmentinsert ignore into journalissuearticles values(s); against the environmental expenditures and ecological taxes in TUIK 2020-2021 statistics.
Keywords : Yeşil ekonomi, Muhasebe, Finansal yatırım, Firmalar, Marjinal maliyet