Corporate Governance Rating and Ownership Structure in the Case of Turkey

被引：4

作者：

Gurarda, Sevin ^{[1
]}

Ozsoz, Emre ^{[2
]}

Ates, Abidin ^{[3
]}

机构：

[1] Gediz Univ, Dept Management, Fac Business Adm, TR-35665 Izmir, Turkey

[2] SUNY Fashion Inst Technol, Sch Liberal Arts, 27th St & 7th Ave, New York, NY 10001 USA

[3] Mustafa Kemal Univ, Dept Management, Fac Business Adm, TR-31120 Serinyol, Hatay, Turkey

来源：

INTERNATIONAL JOURNAL OF FINANCIAL STUDIES | 2016年 / 4卷 / 02期

关键词：

corporate governance; corporate governance index; Turkish firms; G3; F3;

D O I：

10.3390/ijfs4020008

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

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.

引用

页数：16

共 69 条

[1]

Abdullah A., 2009, BRIT ACCOUNT REV, V42, P132

[2] Corporate Governance and Dividend Policy: Shareholders' Protection or Expropriation? [J].

Adjaoud, Fodil ;

Ben-Amar, Walid .

JOURNAL OF BUSINESS FINANCE & ACCOUNTING, 2010, 37 (5-6) :648-667

[3]

Akman N.H., 2011, P 8 INT ACC C CORP G

[4] Corporate governance and firm value: International evidence [J].

Ammann, Manuel ;

Oesch, David ;

Schmid, Markus M. .

JOURNAL OF EMPIRICAL FINANCE, 2011, 18 (01) :36-55

[5]

Ananchotikul N., 2008, DOES FOREIGN DIRECT

[6] Corporate governance reform in emerging markets: How much, why, and with what effects? [J].

Ananchotikul, Sudarat ;

Eichengreen, Barry .

JOURNAL OF THE JAPANESE AND INTERNATIONAL ECONOMIES, 2009, 23 (02) :149-176

[7]

Ararat M., 2014, SUSTAINABLE INVESTME

[8]

Ararat M., TURKISH TRANSPERANCY

[9]

Ararat M., 2010, WORKING PAPER

[10] SOME TESTS OF SPECIFICATION FOR PANEL DATA - MONTE-CARLO EVIDENCE AND AN APPLICATION TO EMPLOYMENT EQUATIONS [J].

ARELLANO, M ;

BOND, S .

REVIEW OF ECONOMIC STUDIES, 1991, 58 (02) :277-297

← 1 2 3 4 5 6 7 →