Analysis of Corporate Governance and Financial Sustainability Using the TOPSIS Method
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Date
2022
Authors
Tarik Saygili Arikan
Miray Gecim
Yucel Ozturkoglu
Ebru Saygili
Journal Title
Journal ISSN
Volume Title
Publisher
INT JOURNAL CONTEMPORARY ECONOMICS & ADMINISTRATIVE SCIENCES
Open Access Color
Green Open Access
Yes
OpenAIRE Downloads
14
OpenAIRE Views
24
Publicly Funded
No
BIP! Indicators
Impulse
Average
Influence
Average
Popularity
Average
Abstract
Stakeholders of listed companies are interested in the financial sustainability and corporate governance (CG) issues in the companies. This study aims to explore the relationship between corporate governance practices and financial sustainability in light of OECD principles of corporate governance. Altman's Z-scores and CG ratings of 20 companies listed in the Borsa Istanbul Corporate Governance Index (XKURY) were analyzed using the TOPSIS method. The results obtained in this study show that firms' financial sustainability and corporate governance scores don't move in the same direction for the years from 2013 to 2018.
Description
Keywords
Corporate Governance, Financial Sustainability, TOPSIS, Altman?s Z-Score, BIST-XKURY, FIRM, PERFORMANCE, PREDICTION, AGENCY, BOARD, Corporate Governance, Topsis, Altman?S Z-Score, BIST-XKURY, Financial Sustainability, Corporate Governance, Altman's Z-Score, Financial Sustainability, TOPSIS, BIST-XKURY
Fields of Science
Citation
WoS Q
Scopus Q
OpenCitations Citation Count
N/A
Source
Volume
12
Issue
1
Start Page
433
End Page
459
Collections
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