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Journals / Stratejik Yönetim Araştırmaları Dergisi / 2023 / Cilt: 6 Sayı: 1

THE IMPACT OF THE CORPORATE GOVERNANCE INDEX ON FINANCIAL PERFORMANCE: AN EVIDENCE FROM TÜRKİYE

KURUMSAL YÖNETİM DERECELENDİRME PUANININ FİNANSAL PERFORMANS ÜZERİNE ETKİSİ: TÜRKİYE ÖRNEĞİ

Adem Ruhan SÖNMEZ
Pages
21–34
Publication Date
2023-03-31
DOI
—
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AI Summary & Key Takeaways

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

As a result of the study; Negative relationship between Shareholders and Board of Directors rating score and return on assets; Positive relationship between Stakeholders rating score and return on assets; there is no relationship between the Public Disclosure and Transparency rating score and return on assets.

📌 3 Key Takeaways

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Objective & Hypothesis:In this study, the data of 30 companies traded in the Corporate Governance Index for the years 2015-2021 and the relationship between the corporate governance subheadings of shareholders, Stakeholders, Public Disclosure and Transparency and Board of Directors rating score and financial performance were examined.
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Key Findings & Data:In this study, the data of 30 companies traded in the Corporate Governance Index for the years 2015-2021 and the relationship between the corporate governance subheadings of shareholders, Stakeholders, Public Disclosure and Transparency and Board of Directors rating score and financial performance were examined.
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Conclusion & Impact:As a result of the study; Negative relationship between Shareholders and Board of Directors rating score and return on assets; Positive relationship between Stakeholders rating score and return on assets; there is no relationship between the Public Disclosure and Transparency rating score and return on assets.
🔬Design:Research Article
📍Scope:2015-2021 Verileri
⚙️Variables:Kurumsal Yönetim Endeksi · Kurumsal Yönetim Derecelendirme · Dinamik Panel Veri Analizi

Abstract

In this study, the data of 30 companies traded in the Corporate Governance Index for the years 2015-2021 and the relationship between the corporate governance subheadings of shareholders, Stakeholders, Public Disclosure and Transparency and Board of Directors rating score and financial performance were examined. As a result of the study; Negative relationship between Shareholders and Board of Directors rating score and return on assets; Positive relationship between Stakeholders rating score and return on assets; there is no relationship between the Public Disclosure and Transparency rating score and return on assets.

Özet

Bu çalışmada, Kurumsal Yönetim Endeksi’nde yer alan 30 şirketin 2015-2021 yılları arasına ait verileri ile kurumsal yönetim alt başlıkları olan Pay Sahipleri, Menfaat Sahipleri, Kamuyu Aydınlatma ve Şeffaflık ve Yönetim Kurulu derecelendirme puanı ile finansal performans arasındaki ilişki incelenmiştir. Analiz sonucunda; Pay Sahipleri ve Yönetim Kurulu derecelendirme puanı ile aktif karlılık arasında negatif ilişki; Menfaat Sahipleri derecelendirme puanı ile aktif karlılık arasında pozitif ilişki; Kamuyu Aydınlatma ve Şeffaflık derecelendirme puanı ile aktif karlılık arasında ilişki olmadığı tespit edilmiştir.

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Cite This Article

SÖNMEZ, A. R. (2023). THE IMPACT OF THE CORPORATE GOVERNANCE INDEX ON FINANCIAL PERFORMANCE: AN EVIDENCE FROM TÜRKİYE. Stratejik Yönetim Araştırmaları Dergisi, Cilt: 6 Sayı: 1, 21–34. https://ajindex.com/articles/912914

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