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Analysis of Sustainability Policy and Practices of a Turkish Group Company: OYAK Case

In: International Dimensions of Sustainable Management

Author

Listed:
  • Burze Yaşar

    (TED University)

  • Hande Hekim

    (Rennes School of Business)

  • Öncü Hazır

    (OYAK)

  • Ceren Bayören

    (Rennes School of Business)

  • Ayşe Özge Kepenek Bozkırlıoğlu

    (Rennes School of Business)

Abstract

Globalization, financial crises, and relations with stakeholders have forced businesses to sustainable and energy-efficient approaches in management. Depletion of natural resources and fierce competition are also driving forces for sustainable management. Businesses that internalize sustainability and use it as a strategic tool are more likely to have a competitive advantage. Compared to research on sustainability management practices of firms in developed countries, research on developing countries is limited. Moreover, there is a significant gap in the literature on sustainability policies and strategy at business groups. This research analyzes corporate governance structure and sustainability practices of OYAK (Armed Forces Pension Fund in Turkey) and provides an inspiring framework for sustainability management in group companies.

Suggested Citation

  • Burze Yaşar & Hande Hekim & Öncü Hazır & Ceren Bayören & Ayşe Özge Kepenek Bozkırlıoğlu, 2019. "Analysis of Sustainability Policy and Practices of a Turkish Group Company: OYAK Case," CSR, Sustainability, Ethics & Governance, in: René Schmidpeter & Nicholas Capaldi & Samuel O. Idowu & Anika Stürenberg Herrera (ed.), International Dimensions of Sustainable Management, pages 277-290, Springer.
  • Handle: RePEc:spr:csrchp:978-3-030-04819-8_17
    DOI: 10.1007/978-3-030-04819-8_17
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