BibTex RIS Cite
Year 2015, Volume: 2 Issue: 1, 0 - 0, 29.03.2015

Abstract

Piyasa  etkinliğinin  ve  yatırımcı  güveninin  artırılması  için  bilgi  asimetrisinin  en  aza  indirilmesi  gerekmektedir.    Yatırım  kararlarının  verilmesi  sürecinde,  yeterli  bilginin  piyasa  katılımcılarına  zamanında sunulması yoluyla yatırımcı ile kurulan ilişkinin kalitesi ve sıklığının arttırılmasıdır. Bu  noktada şeffaflık sermaye piyasaları için ayrı bir önem kazanmaktadır.

THE CORPORATE GOVERNANCE AND THEIR EFFECT ON PUBLIC COMPANIES

Year 2015, Volume: 2 Issue: 1, 0 - 0, 29.03.2015

Abstract

After the financial crises and corporate scandals the importance of corporate governance practices have begun to be realized better around the World. Like the 2008 financial crisis that affected the international markets financial, the lack of transparency applications may adversely affect the financial stability and integrity. The principles of transparency and disclosure that located on focus of Corporate Governance Principles published by OECD and other international organizations, were established by companies to form the standards for the disclosure policy of shareholders and all other stakeholders. Both potential investors and all other stakeholders are expected to be informed about the company's objectives, management structures, policies and practices, objectives and expectations for the future in the scope of these principles. In recent years, when the investors assess the firms, in the scope of company’s investor relations, they have taken transparency and public disclosure practices into account besides to financial performance.  Due to this reason, the transparency level of the firm, can affect the cost of capital and thus firm value and performance. In this study, a literature research have been conducted that examined the impact of corporate governance practices on the performance and value of firms. It can be seen in these studies that results varies based on the scopes, methods, and indexes used for corporate governance.

There are 0 citations in total.

Details

Journal Section Articles
Authors

Mehmet Sukru Tekbas

Harun Guzeldere This is me

Publication Date March 29, 2015
Published in Issue Year 2015 Volume: 2 Issue: 1

Cite

APA Tekbas, M. S., & Guzeldere, H. (2015). THE CORPORATE GOVERNANCE AND THEIR EFFECT ON PUBLIC COMPANIES. Journal of Economics Finance and Accounting, 2(1).

Journal of Economics, Finance and Accounting (JEFA) is a scientific, academic, double blind peer-reviewed, quarterly and open-access online journal. The journal publishes four issues a year. The issuing months are March, June, September and December. The publication languages of the Journal are English and Turkish. JEFA aims to provide a research source for all practitioners, policy makers, professionals and researchers working in the area of economics, finance, accounting and auditing. The editor in chief of JEFA invites all manuscripts that cover theoretical and/or applied researches on topics related to the interest areas of the Journal. JEFA publishes academic research studies only. JEFA charges no submission or publication fee.

Ethics Policy - JEFA applies the standards of Committee on Publication Ethics (COPE). JEFA is committed to the academic community ensuring ethics and quality of manuscripts in publications. Plagiarism is strictly forbidden and the manuscripts found to be plagiarized will not be accepted or if published will be removed from the publication. Authors must certify that their manuscripts are their original work. Plagiarism, duplicate, data fabrication and redundant publications are forbidden. The manuscripts are subject to plagiarism check by iThenticate or similar. All manuscript submissions must provide a similarity report (up to 15% excluding quotes, bibliography, abstract and method).

Open Access - All research articles published in PressAcademia Journals are fully open access; immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited. Open access is a property of individual works, not necessarily journals or publishers. Community standards, rather than copyright law, will continue to provide the mechanism for enforcement of proper attribution and responsible use of the published work, as they do now.