Abstract:

Corporate governance principles encompass the regulations that govern the interactions between the board of directors, managers, and stakeholders of corporations. Corporate governance principles aim to inhibit the dominance of the interests of one group over those of other groups within companies. In contemporary times, corporate governance principles are increasingly significant, particularly in fostering a sense of trust among external environmental entities toward corporations. In pursuit of this objective, an analytical review was undertaken on the dataset of companies listed within the Borsa Istanbul Corporate Governance Index, with a primary focus on those within the production and trade sectors, over the period from 2009 to 2024. The aim was to assess the impact of corporate governance rating scores on the integrity of financial statements. The research encompassed 34 companies, and the panel data analysis methodology was employed to examine the data pertaining to these companies. Based on the results acquired from the analysis, it was determined that corporate governance rating scores do not influence the integrity of the financial statements of the companies included in this study.

Keywords:

Corporate Governance, Rating Scores, Financial Statements.

JEL Classification:

M40, M41

How to Cite:

İlyas Yilmaz. The Effect of Corporate Governance Principles on Financial Statements: A Study on Borsa Istanbul. [ref]: vol.23.2025. available at: https://refpress.org/ref-vol23-a8