Abstract
The purpose of this study was to examine the relationship between financial distress and corporate governance practices. The scope of study, the study was conducted on listed and continuous auction method used companies on Borsa Istanbul 100 Index between the years 2009-2015. Research data were obtained from the corporate governance compliance reports, annual reports, and web pages. The obtained data was analyzed using logistic regression method. As a result of the analysis, it was determined that there is a relationship between the financial distress and the corporate governance practices. According to the findings, there are significant relationships between the financial distress and variables of the number of members on the board of directors of the company, institutional ownership, managerial ownership, CEO duality, and financial leverage.
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