Abstract:

The aim of this study is to determine the impact of financial factors at the corporate level on investors participating in the corporate management. The scope of the research is made up of 34 companies listed in the Metal Main Index and Metal Goods Machinery Index in Bursa Istanbul between 2010 and 2017. According to the purpose of the study, two econometric models were established, the panel data analysis method was selected as a method. Panel data analysis findings show that increased public transparency rates have a statistically significant negative impact on investors’ participation in the general meeting. The study found that the market value and the presence of the electronic general assembly system that allows remote participation in general meetings positively influenced both the general participation and the participation of investors outside of dominant shareholders in management. The active profit rate has also been found to have an impact on the participation of the investor, but this effect is negative. Between the debt rate and the participation of investors in the management, statistical evidence has not been achieved. Similarly, the company’s shareholding has not affected the participation of investors in the management.

Keywords: