Online from: 2005
Subject Area: Business Ethics and Law
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|Title:||Corporate governance in Turkey: reform and convergence|
|Author(s):||Aylin Poroy Arsoy, (Lecturer at Uludag University, Gorukle, Turkey), David Crowther, (Professor of Corporate Social Responsibility at Leicester Business School, De Montfort University, Leicester, UK)|
|Citation:||Aylin Poroy Arsoy, David Crowther, (2008) "Corporate governance in Turkey: reform and convergence", Social Responsibility Journal, Vol. 4 Iss: 3, pp.407 - 421|
|Keywords:||Corporate governance, Culture, Developing countries, Turkey|
|Article type:||Research paper|
|DOI:||10.1108/17471110810892893 (Permanent URL)|
|Publisher:||Emerald Group Publishing Limited|
Purpose – The purpose of this paper is to investigate the extent of convergence of regulations and of practice regarding corporate governance between a developing country (Turkey) and a developed country (the UK).
Design/methodology/approach – The development of the codes is described and compared and then research is conducted into the top 100 companies on the stock exchanges of each country.
Findings – It is shown that, although the codes, and their iterative development, are similar, the degree of compliance is dissimilar.
Research limitations/implications – These findings suggest that further research in other countries is also needed to see if the explanations are robust.
Originality/value – Much research has been undertaken into corporate governance and national differences but the paper is different in that it makes a comparison between countries and also between regulation and practice to show that these diverge.
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