Application of Critical Management Studies (CSM) on Sustainable Development Practices

Critical Management Studies (CMS), as in Critical Theory, follows a historical-contextual interpretation of reality as opposed to Mainstream Management Theory, which is based on a positivist reflection of what exists. In this context, CMS is an appropriate tool for examining the nature of “development” in order to reveal externalities and their social impacts that are not included in the current paradigm. In this study, based on the Green Deal, Emission Trading System (ETS) and Carbon Border Adjustment Mechanism (CBAM) -which are the main economic instruments of the practices implemented in the European Union (EU) within the scope of studies on the ecological pillar of sustainable development today- the impact of new institutionalizations on Türkiye through EU-Türkiye bilateral trade is examined based on the CMS. In this direction, it is aimed to reveal the externalities that emerge and are expected to emerge in the activities of the institutions in Türkiye within the scope of sustainable development and EU rules.