Çağ Üniversitesi Kurumsal Akademik Arşivi
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Güncel Gönderiler
ESG Resilience Amid Financial Distress: the Role of Board Gender Diversity in EU Firms
(Prague Univ Economics and Business, 2025) Özekenci, Süreyya Yilmaz; Erbaş, Cansu Ünver; Dsouza, Suzan
Investors often view financial distress, defined as a company's inability to pay its debts on time, as a sign of declining creditworthiness. However, they also consider non-financial data, such as the environmental, social, and governance (ESG) activities of firms, when making decisions. This study investigates the impact of financial distress on ESG scores among European Union (EU) firms, using firm fixed effects (FE) and random effects (RE) models, along with Pooled Ordinary Least Squares (OLS), Common Correlated Effects Mean Group (CCEMG), and Augmented Mean Group (AMG) estimators. The panel data covers the years from 2013 to 2023. To examine the relationship between financial distress and ESG scores, the study employs the board gender diversity variable, which reflects the ratio of female to male representation on a firm's board of directors, as a moderating factor. The Altman Z-score is used as an indicator of financial distress. The findings indicate that firms experiencing higher financial distress tend to have higher ESG scores. However, a higher percentage of women on the board of directors during periods of financial distress appears to mitigate this relationship in ESG scores overall, as well as for individual components. To the best of the authors' knowledge, a high percentage of women on the managerial boards of firms during financial distress has a negative impact on ESG scores across the sampled EU firms. This research adds valuable insights into how financial distress and board gender diversity interact, contributing to the existing literature on the subject.
Identify globalisation, logistics and port trends using bibliometric mapping: WoS and Scopus data from 1996 to 2025
(SPRINGERNATURE, 2025) Avşar, İlker İbrahim; Pelit, İrem
In a globalised trading environment, the role of logistics and ports is becoming increasingly important with the rapid development of international trade. This study makes a unique contribution to the field by addressing the issues of globalisation, logistics and ports (GLP) through bibliometric analysis. The originality of the research lies in its holistic approach to examining GLP issues through scientific mapping. In this respect, the study fills an important gap in the literature by addressing the issues of globalisation, logistics and ports, which have so far been studied separately, in an integrated framework and by highlighting the interactions between these fields. In this context, we searched the Scopus and WoS databases on 11 January 2025 using keywords related to GLP and obtained a dataset of 265 publications covering the period 1996-2025. The analysis shows that the GLP literature is growing and that academic interest in the field continues. It also shows that GLP is often discussed in relation to key economic agendas such as competitiveness, sustainability and efficiency. According to the Country Collaboration Network analysis, China, the United States of America and the United Kingdom are among the most prominent countries in GLP publications, showing that these countries have established a strong collaborative network both among themselves and with other countries. In terms of responsible authors, in addition to these three countries, Spain is also a prominent actor. This situation shows that researchers in these countries have a central and influential position in GLP studies. Moreover, the study systematically documents the links between key GLP issues and offers a comprehensive analysis of the literature. The findings are of strategic importance not only to the academic community but also to policy makers and industry stakeholders.
NATO's Quest for Ontological Security: Securitizing Russia in the Arctic
(ULUSLARARASI ILISKILER KONSEYI DERNEGI, 2025) Şahin, Sevgi Balkan; Çetiner, Özge
The article examines how NATO has strategically and symbolically addressed disruptions to its ontological security due to Russia's military build-up in the Arctic and its aggressions in Ukraine. Based on an engagement between ontological security and securitization perspectives, the article argues that NATO's intentional and unconscious securitization acts towards Russia have addressed its material threats and ontological anxieties. Demonstrating the intersection of the material and psychological aspects of securitization, it highlights how NATO has engaged in a security-oriented role in the Arctic and constructed Russia as an abject/other to reaffirm its "self" as a united, reliable, and values-driven collective defense alliance. This dual approach has reflected NATO's reflexivity in balancing strategic and ontological needs to respond to evolving security dynamics. Analyzing NATO's Summit Declarations, Strategic Concepts, and press releases on the Arctic and Russia, coupled with interviews with NATO officials, the article reveals three major themes the Alliance has used to securitize Russia as a threat: to the "Euro-Atlantic stability", "the Arctic peace", and "international law and values".
Empowering minds and fostering inclusion: ELT graduate students' experiences with critical pedagogy
(FRONTIERS MEDIA SA, 2025) Zaimoğlu, Senem; Dağtaş, Aysun
Introduction This research focuses on how graduate students in a Master's level English Language Teaching (ELT) program in T & uuml;rkiye experienced transformative learning through a course on critical pedagogy (CP). Grounded in Mezirow's transformative learning theory and Freirean principles, the study explores how engagement with the sociopolitical dimensions of language education challenged participants' assumptions and transformed their cognitive, emotional, and relational understandings of teaching.Methods Data were collected from eight participants through weekly reflective journals structured around Gibbs' Reflective Cycle that guides individuals to reflect systematically on their experiences and follow-up semistructured interviews. Following Braun and Clarke's six-phase framework to thematic analysis, five overarching themes were identified that encapsulate the participants' experiences: Confronting Disorienting Dilemmas, Shifting Perspectives (Cognitive Transformations), Navigating Emotional Journeys, Evolving Classroom Relationships, and Embracing Transformative Learning Processes.Results The results revealed that participants encountered disorienting dilemmas that prompted self-examination and shifts in identity, beliefs, and pedagogical stances. While students valued dialogic learning, critical inquiry, and real-world connections, some reported discomfort when addressing controversial topics-highlighting persistent hierarchical dynamics within educational settings.Discussion Despite these tensions, participants demonstrated growing commitment to inclusive and socially engaged teaching. This research contributes to inclusive teacher education by demonstrating how structured reflection and emotionally responsive learning environments can foster transformation. It also calls for further research on the long-term enactment of critical pedagogy in diverse institutional contexts.
Assessment of Green Logistics Market Performance of Selected Countries: A Comprehensive and Novel Multi-Criteria Decision-Making Approach
(WALTER DE GRUYTER GMBH, 2025) Özekenci, Emre Kadir
This study assesses the green logistics market performance of the top twenty emerging markets identified in the Agility Emerging Markets Logistics Index (AEMLI) report. The primary emerging markets-China, India, the United Arab Emirates, Saudi Arabia, Malaysia, Indonesia, Mexico, Qatar, Thailand, Vietnam, Chile, T & uuml;rkiye, Brazil, Oman, Russia, Bahrain, Jordan, Kuwait, Uruguay, and South Africa-serve as benchmarks for evaluating logistics efficiency and environmental performance. The decision model for this study encompasses seven criteria: Domestic Logistics Opportunity, International Logistics Opportunity, Business Fundamentals, Digital Readiness, Ecosystem Vitality, Environmental Health, and Climate Change. These criteria were derived from a thorough literature review. Data were obtained from the AEMLI and Environmental Performance Index (EPI) reports published by Agility & Transport Intelligence and the Yale Center for Environmental Law & Policy. Criterion weights were established using the Symmetry Point of Criterion (SPC). The ranking of alternatives employed several MCDM methods: Ranking of Alternatives with Weights of Criterion (RAWEC), Ranking the Solutions based on the Mean Value of Criteria (RSMVC), Stable Preference Ordering Towards Ideal Solution (SPOTIS), and the Extended Alternative Ranking Order Method with two-step normalization (AROMAN). The results were aggregated using the Borda Count Method. Findings from the SPC reveal that the international logistics opportunity is the most significant criterion, whereas business fundamentals rank as the least important. The Borda Count analysis indicates that China, the United Arab Emirates, Malaysia, Saudi Arabia, and Brazil consistently rank as top performers across various methods. Conversely, T & uuml;rkiye, Indonesia, Kuwait, Bahrain, South Africa, and Vietnam generally show lower rankings across most methods. Additionally, sensitivity and comparative analyses were conducted to enhance the robustness of the findings. The results of this study are anticipated to provide valuable insights into the green logistics market performance of selecting emerging markets.
