Corporate Management in Banking System: Investigation of Industrial Development Bank of Turkey of the CMB Compliance with Corporate Governance Principles

Abstract

Corporate governance is defined as any laws, regulations, codes and practices that enable an institution to attract and retain human capital and financial resources while allowing it to create economic value for its shareholders in the long run while respecting the values of its society. The aim of this study to observe the compliance of Turkey’s Capital Market Board Corporate Governance Principles of Industrial Development Bank of Turkey. The Bank's annual report for 2016 has been reviewed. The review consists of four parts: shareholders, public disclosure and transparency, stakeholders and the board of directors. As a result of the examinations conducted by these criteria has reached the conclusion that the Industrial Development Bank of Turkey to comply with the corporate governance principles and apply what principles require.