Changing ownership in the turkish non-financial corporations listed on borsa Istanbul (BIST)

dc.contributor.authorAtici, G.
dc.contributor.authorGursoy, G.
dc.date.accessioned2024-07-12T21:40:01Z
dc.date.available2024-07-12T21:40:01Z
dc.date.issued2015en_US
dc.department[Belirlenecek]en_US
dc.description.abstractPurpose of the study is to investigate the changing ownership structures in the Turkish non-financial corporations listed on Borsa Istanbul (BIST) for the period of 1992-2014. This time frame entails the structural changes in the Turkish economy as well as Turkish corporations. With respect to ownership concentration, Turkish non-financial corporations reveal a concentrated nature. Most changes in ownership structures are triggered by the local and global economic and financial factors. In the years of research, excluding the economic crises periods, we witness a decrease in the shares of the largest shareholders and an increase in the shares owned by the minority shareholders. This finding can be interpreted as the democratization of capital in Turkish corporations. The initial public offerings and privatizations in Turkey tend to increase before the financial and economic crises, implying that democratization of capital needs stable economic environment. Findings assert that most of the new initial public offerings are mainly from the family owned corporations, which yield a promising sign in favor of improving corporate governance practices. © 2015, Virtus Interpress. All rights reserved.en_US
dc.identifier.doi10.22495/cocv13i1c11p13
dc.identifier.endpage1429en_US
dc.identifier.issn1727-9232
dc.identifier.issue1 Continued 11en_US
dc.identifier.scopus2-s2.0-84963674224en_US
dc.identifier.scopusqualityN/Aen_US
dc.identifier.startpage1419en_US
dc.identifier.urihttps://doi.org/10.22495/cocv13i1c11p13
dc.identifier.urihttps://hdl.handle.net/20.500.12415/7086
dc.identifier.volume13en_US
dc.indekslendigikaynakScopus
dc.language.isoenen_US
dc.publisherVirtus Interpressen_US
dc.relation.ispartofCorporate Ownership and Controlen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.snmzKY04631
dc.subjectBorsa Istanbul (Bist)en_US
dc.subjectCorporate Governanceen_US
dc.subjectForeign Direct Investmenten_US
dc.subjectInitial Public Offeringsen_US
dc.subjectOwnership Concentrationen_US
dc.subjectOwnership Structureen_US
dc.subjectPrivatizationen_US
dc.titleChanging ownership in the turkish non-financial corporations listed on borsa Istanbul (BIST)en_US
dc.typeArticle
dspace.entity.typePublication

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