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Corporate Control and Governance

P/F/50. CORPORATE GOVERNANCE IN TURKISH COMPANIES: A SURVEY AND COMPARISON

WORDS:
14500
DATE:
2003
PRICE:
149.99 GBP

This paper examines corporate governance mechanisms in a sample of Turkish listed and unlisted companies using a questionnaire and a data base survey. The empirical findings are supported by an extensive literature review. The results indicate that concentrated ownership is widely used and that voting leverage is highly employed in Turkish firms. The titles of CEO and chairperson are generally assumed by different individuals. Overall, Turkish system of corporate governance is considered to be closer to continental European systems.

 

KEYWORDS: f, corporate, governance, turkish, companies, survey, comparison,