SavedAdd your journal

Journals / Muhasebe Bilim Dünyası Dergisi / 2016 / Cilt: 18 - Sayı: 1

THE RELATIONSHIP BETWEEN OWNERSHIP STRUCTURE OF ENTITIES LISTED IN CORPORATE GOVERNANCE INDEX (BIST - XKURY) AND VOLUNTARY DISCLOSURES

KURUMSAL YÖNETİM ENDEKSİNDEKİ (BISTXKURY) İŞLETMELERİN SAHİPLİK YAPISI VE GÖNÜLLÜ AÇIKLAMALAR ARASINDAKİ İLİŞKİ*

Gülşah ATAĞAN
Nur FİDANCI
Pages
177–199
Publication Date
2022-10-21
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The aim of this paper is to detect the relationship between corporate voluntary disclosures and ownership structures of companies listed Istanbul Stock Exchange's corporate governance index (BIST-XKURY)

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Corporate governance concept is significantly brought into agenda specifically after company scandals occurred in United States provides companies to operate abide by transparency, fair, accountability and responsibility principles.
📊
Key Findings & Data:On this basis, number of companies making voluntary disclosures increased gradually in capital markets.
💡
Conclusion & Impact:The aim of this paper is to detect the relationship between corporate voluntary disclosures and ownership structures of companies listed Istanbul Stock Exchange's corporate governance index (BIST-XKURY)
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

Corporate governance concept is significantly brought into agenda specifically after company scandals occurred in United States provides companies to operate abide by transparency, fair, accountability and responsibility principles. On this basis, number of companies making voluntary disclosures increased gradually in capital markets. The reason for companies to have propensity to report more information voluntarily is to communicate more with market participants and render more accurate more coherent information about firm value to market participants. The aim of this paper is to detect the relationship between corporate voluntary disclosures and ownership structures of companies listed Istanbul Stock Exchange's corporate governance index (BIST-XKURY)

Özet

Şirketlerin şeffaflık, adillik, hesap verebilirlik ve sorumluluk ilkeleri çerçevesinde faaliyet gösterebilmelerini sağlamaya yönelik ortaya çıkan kurumsal yönetim kavramı, özellikle ABD'de yaşanan şirket skandalları sonrasında tüm Dünya'da gündeme gelen bir kavramdır. Bu bağlamda, sermaye piyasalarında, gönüllü açıklamalarda bulunan şirketlerin sayısı giderek artmıştır. Şirketlerin, gerektirdiğinden daha fazla bilgiyi gönüllülük esasına göre raporlama eğiliminde olmalarının temel nedeni, piyasa katılımcıları ile daha fazla iletişim içerisinde olabilmek ve katılımcılara firmanın değeri hakkında daha doğru ve daha tutarlı bilgiyi verebilmektir. Çalışmanın amacı, Borsa İstanbul Kurumsal Yönetim Endeksinde (BISTXKURY) yer alan işletmelerin sahiplik yapısı ve kurumsal gönüllü açıklamalar arasındaki ilişkinin belirlenmesidir.

🔖

Cite This Article

ATAĞAN, G., FİDANCI, N. (2022). THE RELATIONSHIP BETWEEN OWNERSHIP STRUCTURE OF ENTITIES LISTED IN CORPORATE GOVERNANCE INDEX (BIST - XKURY) AND VOLUNTARY DISCLOSURES. Muhasebe Bilim Dünyası Dergisi, Cilt: 18 - Sayı: 1, 177–199. https://ajindex.com/articles/582342

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (7)

  1. Akhtaruddin, M., Hossain, M. A., Hossain, M., Yao, L. 2009. "Corporate Governance and Voluntary Disclosure in Corporate Annual Reports of Malaysian Listed Firms", Journal of Applied Management Accounting Research, 7 (1): 1- 19. Barako, D., Hancock, P. ve Izan, H. 2006. "Factors Influencing Voluntary Corporate Disclosure by Kenyan Firms", Corporate Governance: An International Review, 14 (2): 107- 125. Botosan, C. A. 1997. "Disclosure Level and the Cost of Equity Capital", The Accounting Review, 72 (3): 323-349.
  2. Cavlak, H., 2015. "Uluslararası Finansal Raporlama Standartları Ve Kurumsal Yönetim İlişkisi: Kurumsal Yönetim Endeksi'ne Tabi Şirketlerde Bir Anket Çalışması, Marmara Üniversitesi Sosyal Bilimler Enstitüsü İşletme ABD, Muhasebe-Finansman Bilim Dalı, İstanbul.
  3. Chau, G. K. ve Gray, S. J. 2002. "Ownership Structure and Corporate Voluntary Disclosure in Hong Kong and Singapore", International Journal of Accounting, 37 (2): 247- 265. Choi, F. D.S.,, Frost C. A., ve Meek G. K., 2002.
  4. International Accounting, Fourth Edition,
  5. Prentice Hall. Demsetz, H., ve Villalonga, B., 2001. "Ownership Structure And Corporate Performance", Journal Of Corporate Finance 7: 209-233.
  6. Ding Y., Linghui F., Hervé S. ve Huiwen W., 2004. "Disclosure And Determinants Studies: An Extension Using The Divisive Clustering Method (DIV)", Working Paper Series. Dulacha G. B., Hancock P. ve H. Y. Izan, 2006. "Factors Influencing Voluntary Corporate Disclosure by Kenyan Companies", Corporate Governance, 14(2), March. Eng, L. L. ve Mak, Y. T. 2003. "Corporate Governance And Voluntary Disclosure", Journal Of Accounting And Public Policy, 22 (4): 325- 345. Ferguson, M., Lam, K. ve Lee, G. 2002. "Voluntary Disclosure by State- Owned Enterprises Listed on the Stock Exchange of Hong Kong", Journal of International Financial Management and Accounting, 13 (2): 125- 152. Francis, J., N., D. ve Olsson, P. 2008. "Voluntary Disclosure, Earnings Quality, and Cost of Capital", Journal of Accounting Research, 46 (1): 53- 99. Gompers, P. A., Ishii, J. L. ve Metrick, A., 2003. "Corporate Governance and Equity Prices", Quarterly Journal of Economics 118(1), February: 107-155.
  7. Hamrouni, A., Miloudi, A., ve Benkraiem, R. 2015. "Signaling Firm Performance through Corporate Voluntary Disclosure", The Journal of Applied Business Research, 31 (2): 609- 620. Han, K. C., ve Suk, D. Y., 1998 "The Effect of Ownership Structure on Firm Performance: Additional Evidence", Review of Financial Economics, 7(2): 1