标题：Relationship between Financial Performance and Corporate Governance in Small and Medium Sized Companies: An Emprical Analysis on Borsa Istanbul Emerging Companies Market
其他标题：Küçük ve Orta Ölçekli Şirketlerde Finansal Performans ve Kurumsal Yönetim İlişkisi: Borsa İstanbul Gelişen Şirketler Piyasası Üzerine Bir Uygulama*
期刊名称：Dokuz Eylül Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
印刷版ISSN：1302-504X
电子版ISSN：2147-7973
出版年度：2019
卷号：34
期号：4
DOI：10.24988/ije.2019344845
语种：English
出版社：Dokuz Eylül University
摘要：The aim of this study is to measure the impact of corporate governance practices of SMSEs on their own financial performance indicators. For this purpose, 25 companies that are traded in Borsa İstanbul, Emerging Companies Market in 2011-2017 are examined. The major corporate governance principles such as the size of the board of directors of the companies, the duration and duality of the CEO, the ratio of independent directors in the board of directors and the ratio of women managers are used as independent variables. The dependent variables of the model are ROA (asset profitability), ROE (return on equity) of the companies. Panel data regression analysis method was used in the study. As a result of the analysis, it is concluded that only the CEO 's duration in the company in terms of corporate governance principles positively affects the financial performance of SMEs and is an important parameter for them. This result supports previous studies.
其他摘要：Bu çalışmanın amacı, Borsa İstanbul’da işlem gören Küçük ve Orta Ölçekli Şirketlerin kurumsal yönetim uygulamalarının, onların finansal performans göstergelerine etkisini ölçmektir. Bu amaçla, 2011-2017 döneminde Borsa İstanbul, Gelişen İşletmeler Pazarı’
