Abstract:

Investor confidence mostly eroded after company scandals and global financial crises. Corporate governance concept was offered to companies by governments and international organizations as a receipt for this situation. In this context corporate governance codes and indexes were prepared by state and private sectors in many countries in recent years. In Turkey like other countries, corporate governance codes were prepared at the leadership of SPK and TÜSGAD and also IMKB Corporate Governance Index was prepared by IMKB. In our study effects of corporate governance applications on company performance were analysed on the firms listed in GMKB Corporate Governance Index. At the end of the analysis, a high volumed relationship between corporate governance and performance wasn?t found.

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