Communiqué on Corporate Governance 2014

Turkey Current 2014

This communique was officially gazetted in 2014 with the purpose of determining the principles of corporate governance, principles and procedures on related party transactions to be applied by corporations. A company has to report in the Annual Report on its compliance with the principles. According to Annex 1, companies are required to include in the Annual Report (Section 2.2.2.g) information on the social rights and professional training of employees, as well as corporate social responsibility initiatives to address corporate activities that have significant social and environmental impacts.

Scope

Governance

Industry sectors covered by the instrument

All/none specified

Organizations covered by the instrument

All listed companies

Issuer type

Financial Regulators

Type of instrument

Code of conduct or guideline

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

Project Partners