A Primer on Corporate Governance: Turkey takes an in-depth and
comprehensive assessment of corporate governance in Turkey at a
cross section in time when the country is going through major
multidimensional transformations. Structural characteristics of its
economy and the historical antecedents of corporate governance are
provided to the readers as a background in the first part of the
book. External and internal mechanisms of corporate governance are
built on this background. Legal system of the country, its company
laws, regulatory authorities and the state of the market for
corporate control as well as the socio-cultural norms, ways of
doing business, and the Turkish code of good governance are
examined as the external mechanisms shaping the corporate
governance practices of companies in the context. Internal control
mechanisms analyzed in this book include the characteristics of the
board of directors, ownership structure, and management teams of
Turkish companies. In conclusion, the authors discuss current and
future corporate governance challenges in the Turkish business
context.
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