THE RELATIONSHIP BETWEEN DIVERSIFIED BOARD OF DIRECTORS, AUDITOR SELECTION, CORPORATE GOVERNANCE AND SUSTAINABILITY: AN APPLICATION ON BORSA ISTANBUL COMPANIES

Abstract

Even though much progress has been made in women’s rights in the past century, there is still room for improvement, as today women are not justifiably represented in the board of directors in publicly held corporations. The purpose of this study is to show that having a diversified board of directors has a statistically meaningful relationship with the auditor choice, corporate governance, and corporate sustainability applications of publicly held corporations. To measure the level of good corporate governance, the corporate governance grades in compliance reports are taken into account, and corporate sustainability is measured as successful if Borsa Istanbul includes the corporation in the sustainability index. As the research method, the author statistically compares the independent auditor choice of these corporations and Board structure.