A RESEARCH ON RELATIONSHIP BETWEEN CORPORATE GOVERNANCE RATINGS OF BANKS LISTED IN ISTANBUL STOCK EXCHANGE (BIST) CORPORATE GOVERNANCE INDEX AND SOME OF THEIR CHARACTERISTICS
Ozlem I. Koc
Pages: 183-199 Published: 29 Aug 2014
Views: 2,567 Downloads: 720
Abstract: Capital Markets Board of Turkey principles of corporate governance consist of four categories: Shareholders, Public Disclosure and Transparency, Stakeholders, Board of Directors. The corporate governance rating is determined by the rating institutions incorporated by Capital Markets Board of Turkey in its list of rating agencies as a result of their assessment of the company's compliance with the corporate governance principles. Publicly held corporations are listed in BIST Corporate Governance Index depending on their degree of corporate governance rating. In our study, we will examine banks in BIST Corporate Governance Index by utilizing some of their ratios and characteristics. Finally we will analyze the relations between corporate governance index degrees of these banks and their characteristics.
Keywords: corporate governance, corporate governance in banks, corporate governance rating