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
收藏
页数:16
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