CORPORATE GOVERNANCE IN THE EU AND IN TURKEY AS A CANDIDATE COUNTRY
AN ASSESSMENT OF THEORETICAL, LEGAL AND PRACTICAL ASPECTS
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The approach of the EU on Corporate Governance has undergone a constant development. Initially considered a part of national company law of its member countries, it made its way to become an interdisciplinary matter dealt with at EU level. With regards to Turkey the challenge is of double nature: the harmonization of its related regulations in accordance with the acquis communautaire within the EU accession process and the improvement of its competitiveness to attract more foreign investments. This work analyses the benefits and features of Corporate Governance and identifies the convergence/d...
The approach of the EU on Corporate Governance has undergone a constant development. Initially considered a part of national company law of its member countries, it made its way to become an interdisciplinary matter dealt with at EU level. With regards to Turkey the challenge is of double nature: the harmonization of its related regulations in accordance with the acquis communautaire within the EU accession process and the improvement of its competitiveness to attract more foreign investments. This work analyses the benefits and features of Corporate Governance and identifies the convergence/divergence areas in the Corporate Governance practices among EU members. It provides an overview of Turkey's regulations, implementations and recent reforms revealing its weaknesses/strengths and similarities/differences compared to the EU. The book concludes with recommendations on future priorities and initiatives for Turkey. As this book deals with theoretical, legal and practical aspects of Corporate Governance in the EU and Turkey, it appeals to academicians and practitioners as well as investors seeking to understand the applied standards.
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