Abstract
The contribution of corporations to the overall economy depends upon their institutional structure. Itis a well-known fact that the contributions of corporations which managed to be institutionalized is significantly higher. In Turkey, many corporations take the form of family corporations. Some managed to be institutionalized, yet others fall short of reaching an institutional structure. In this study, a survey consists of 15 questions applied to family corporations at DOSAB (Demirtaş Organized Industrial Site) and NOSAB (Nilüfer Organized Industrial Site) to collect data about the institutional structure and sustainability of family corporations. Data was analyzed through frequency analysis by employing SPSS 23. The most outstanding finding of the study was that the family values’ effect on the decision-making process constituted the main bottleneck factor preventing institutionalization of a corporation.
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