Corporate governance principles in Turkey and related institutions
Upon issuance of the OECD’s Corporate Governance Principles in 1999, Turkish Capital Markeys Board issued Corporate Governance Principles to be used by all private companies and goverment institutions in Turkey, primarily public companies. These principles help companies to conduct their operations within international standards and allows for more efficiency and transparency. Corporate Governance Principles describes the roles and responsibilities of the boards and audit committees. You can access the principles via this link.
Founded in 2003, Corporate Governance Association of Turkey (TKYD) is a non-profit organization aiming to develop and promote adherence to corporate governance standards and guidelines in Turkey. Starting from publicly-held to family owned companies, from the state-owned enterprises to civil society organizations, from the sport clubs to economical journalism, conformance with the corporate governance principles is becoming more important as the basic tool for and the basic principle of a fair, transparent, accountable and responsible environment for today's global business world. You can Access TKYD website from this link.
Please visit KPMG USA ACI page to review corporate governance and Sarbanes- Oxley regulations in USA.
You can acess the developments for European Commission here.
© 2017 Akis Bagimsiz Denetim Ve Serbest Muhasebeci Mali Musavirlik A.S. a Turkish corporation and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative, a Swiss entity. All rights reserved.