Özet:

Articles of association include all arrangements that form the basis for all activities of a corporation from it’s founding to termination. It is in essence the corporation’s constitution for the stakeholders in corporation’s activities. In drafting of the articles of association principles of corporate governance are effective together with pertinent legislation. Articles of association which conform to principles of corporate governance facilitates implementation of a more; transparent, equitable, responsible and accountable style of management. This study examines articles of association of ISE. 50 firms to determine the existence of corporate governance principles that are clearly stated with terms like “... takes place in/exists/should be included/is arranged for, in articles of association”. The results of the study are interpreted to evaluate the current state of conformity

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