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Members of Board Committees at Borsa Istanbul

Authors: Emrah Arioglu; Koray Tuan;

Members of Board Committees at Borsa Istanbul

Abstract

In this study, we investigate the members of audit, risk and governance committees of boards in public firms quoted at Borsa Istanbul, with an emphasis on their educational backgrounds, professional expertise, independence, busyness, share ownership and managerial positions. Our findings show that lower percentage of members of these committees, compared to non-members, serves as the chairmen of boards. In addition, a higher percentage of them are independent, have advanced educational degrees, and are professional experts such as accounting experts, lawyers, professors. The findings also show that members of these committees own fewer shares and serve on fewer outside boards. Interestingly, the findings show that a very low percentage of directors that do not serve on these committees are independent directors, leading to the question of what the underlying motivation for the inclusion of independent directors on boards of directors is.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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