The Rise of “Independent Board Members” in TURKEY

Özet

With regulations on corporate governance set forth by the Capital Markets Board, in line with the developments taking place worldwide, an obligation to have independent board members on the board of directors is born. While improving the corporate governance standards of a company, this regulation also positively contributes to the economy of the country as a whole through positively affecting its foreign direct investments. Since independent board members are expected to take influential roles in the key areas of a company such as strategy setting, performance evaluation, risk taking and…

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