Corporate Governance Rating and Ownership Structure in the Case of Turkey

Sevin Gurarda, Emre Ozsoz and Abidin Ates
Additional contact information
Sevin Gurarda: Management Department, Faculty of Business Administration, Gediz University, Seyrek 35665, İZMİR, Turkey
Abidin Ates: Management Department, Faculty of Business Administration, Mustafa Kemal University, Serinyol 31120, HATAY, Turkey

IJFS, 2016, vol. 4, issue 2, 1-16

Abstract: 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.

Keywords: corporate governance; corporate governance index; Turkish firms (search for similar items in EconPapers)
JEL-codes: F2 F3 F41 F42 G1 G2 G3 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/2227-7072/4/2/8/pdf (application/pdf)
https://www.mdpi.com/2227-7072/4/2/8/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jijfss:v:4:y:2016:i:2:p:8-:d:68311

Access Statistics for this article

IJFS is currently edited by Ms. Hannah Lu

More articles in IJFS from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().