Corporate Governance Rating and Ownership Structure in the Case of Turkey

被引:4
|
作者
Gurarda, Sevin [1 ]
Ozsoz, Emre [2 ]
Ates, Abidin [3 ]
机构
[1] Gediz Univ, Dept Management, Fac Business Adm, TR-35665 Izmir, Turkey
[2] SUNY Fashion Inst Technol, Sch Liberal Arts, 27th St & 7th Ave, New York, NY 10001 USA
[3] Mustafa Kemal Univ, Dept Management, Fac Business Adm, TR-31120 Serinyol, Hatay, Turkey
来源
关键词
corporate governance; corporate governance index; Turkish firms; G3; F3;
D O I
10.3390/ijfs4020008
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
By using corporate governance data on 22 publicly traded Turkish companies we estimate the determinants of corporate governance ratings for these companies with a focus on ownership structure. Our results show that company earnings, financial risk and firm size positively influence the corporate governance ratings (CGR) that Turkish firms receive. In the meantime, we find some weak evidence that family ownership has a negative and foreign ownership has a positive impact on CGR scores.
引用
收藏
页数:16
相关论文
共 50 条
  • [1] Corporate Governance, Ownership Structure and Corporate Efficiency: The Case of Ukraine
    Zheka, Vitaliy
    MANAGERIAL AND DECISION ECONOMICS, 2005, 26 (07) : 451 - 460
  • [2] Ownership Structure, Corporate Governance and Corporate Performance
    Zhou, Mingwei
    Huang, Yupeng
    PROCEEDINGS OF THE FIRST INTERNATIONAL CONFERENCE ECONOMIC AND BUSINESS MANAGEMENT 2016, 2016, 16 : 520 - 526
  • [3] The Ownership Structure and Corporate Governance: A Case of Pakistan Stock Exchange
    Waheed, Abdul
    Malik, Qaisar Ali
    PACIFIC BUSINESS REVIEW INTERNATIONAL, 2019, 12 (05): : 27 - 36
  • [4] Ownership Structure, Fraud, and Corporate Governance
    Goldberg, Stephen R.
    Danko, Dori
    Kessler, Lara L.
    JOURNAL OF CORPORATE ACCOUNTING AND FINANCE, 2016, 27 (02): : 39 - 46
  • [5] Who dictates corporate governance practices in Turkey? The role of ownership structure for XKURY companies
    Saygili, Ebru
    Saygili, Arikan Tarik
    Taran, Alina
    TURKISH STUDIES, 2020, 21 (03) : 462 - 484
  • [6] Ownership structure, legal protections, and corporate governance
    Dyck, IJA
    ANNUAL WORLD BANK CONFERENCE ON DEVELOPMENT ECONOMICS 2000, 2000, : 291 - 330
  • [7] OWNERSHIP STRUCTURE IMPACT ON CORPORATE GOVERNANCE AND PERFORMANCE
    Maly, Milan
    Velinov, Emil
    13TH INTERNATIONAL DAYS OF STATISTICS AND ECONOMICS, 2019, : 1054 - 1064
  • [8] Advancing the Literature on Ownership Structure and Corporate Governance
    Kumar, Praveen
    Zattoni, Alessandro
    CORPORATE GOVERNANCE-AN INTERNATIONAL REVIEW, 2017, 25 (01) : 2 - 3
  • [9] Ownership Structure, Corporate Governance and Firm Performance
    Kumar, Praveen
    Zattoni, Alessandro
    CORPORATE GOVERNANCE-AN INTERNATIONAL REVIEW, 2015, 23 (06) : 469 - 471
  • [10] Corporate social performance, ownership structure, and corporate governance in France
    Ducassy, Isabelle
    Montandrau, Sophie
    RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 2015, 34 : 383 - 396