Abstract

The purpose of this study is to measure to what extent the companies listed at Borsa Istanbul Stock Exchange 100 (BIST 100) index meet the criteria set by Capital Markets Board in terms of shareholders, public disclosure and transparency, stakeholders and board of directors formation which are the corporate management criteria of companies and to classify companies accordingly. In addition, whether those companies following corporate management principles stick to a certain sector or not is examined. In collecting data, data from Borsa Istanbul and Corporate Governance Association of Turkey ( from 2013 annual reports of independent audit companies) are used. The analysis conducted revealed that the top three companies with the highest corporate management practices were found as Industrial Development Bank of Turkey ( 94.43 ), Anadolu Efes Brewery and Malt Industry Corporation (94.20 ) and Tav Airports Holding AS ( 94.15 ). It was found that corporate governance practices in banking and finance sectors are more common.

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