Abstract:

Corporate economic thinking, which has claimed that economic life cannot be assessed independently of the influence of institutions in recent years, has become an important focus of interest. With corporate economic thought, the view that the elements expressed as the determinants of growth in traditional growth theories are determined by the incentives provided by the institutions and the main point to focus on growth analysis is the corporate structure. In this direction, the role of institutions and corporate structure in the economic growth process has become one of the research subjects that economists are very high on. In this study, the corporate structure and economic growth relationship were tested for Turkey in the period covering the years 1972-2009. The results of the analysis show that the level of political freedoms taken as an indicator of the corporate structure in the study has a positive impact on economic growth in the long term, but in the short term a relationship between corporate structure and economic growth has not been identified.