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A Theoretical Aspect on Corporate Governance and Its ...
Journal of Business Law and Ethics June December 2015, Vol. 3, No. 1 & 2, pp. 20-35 ISSN: 2372-4862 (Print), 2372-4870 (Online) Copyright The Author(s). 2015. All Rights Reserved. Published by American Research Institute for Policy Development DOI: URL: A Theoretical Aspect on Corporate Governance and Its Fundamental Problems: Is It a Cure or Another Problem in the Financial Markets? Dr. Melih Sonmez1 & Suat Yild r m2 Abstract Corporate Governance can be defined as an art of management for the business environment in the financial markets and it has recently been used as a key management strategy by both developed and developing countries. In particular, after some financial scandals, such as Enron or Parmalat, it has become an important issue in the financial markets.
Sonmez & Yıldırım 23 2. Definition of Corporate Governance
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