Tracking Progress: A Look at Turkish Governance Developments
In a recent bulletin published by Risk Metrics Group, governance develeopments over the past year in Turkey is reviewed through an interview with good governance advocate Melsa Ararat.
In the interview, Ararat has underlined the fact that Turkish companies are reluctant to disclose ownership structure and relationships between the companies and the subsidaries. Another important issue is that of shareholder agreements between controlling shareholders in M&A transactions. Interview provides important insights into current of Turkish Corporate Governance.
In the interview, Ararat has underlined the fact that Turkish companies are reluctant to disclose ownership structure and relationships between the companies and the subsidaries. Another important issue is that of shareholder agreements between controlling shareholders in M&A transactions. Interview provides important insights into current of Turkish Corporate Governance.
More is available at http://www.riskmetrics.com/pdf/kosmas_cgb_sept_2007.pdf
