Message of the Chair

We are witnessing a period of rapid change and transformation in our world. On one hand, we feel the impact of digitalization, which is the lifeblood of social development and economic growth, in every aspect of our lives, while on the other hand, we are going through a challenging period dominated by global pandemics, the climate crisis, and economic uncertainties, where change is happening very quickly.

In this context, every structure, including the business world, public institutions, and non-governmental organizations, needs good management to implement critical issues such as creating long-term value and enhancing their competitive capacities. What makes achieving these goals possible is corporate governance.

While corporate governance has come to the forefront with applicable practices and related regulatory frameworks for publicly traded companies, it is, in fact, a mechanism that guides, assigns responsibilities, facilitates, and enhances transparency for all institutions, including public entities. The adoption of this governance approach as a culture, rather than a short-term, crisis-management strategy, and its implementation through best practices provides benefits to institutions in various areas, from sustainability to gaining investors’ trust.

The development of corporate governance principles and understanding in our country can be addressed under two main headings: infrastructure and behavioral management. In terms of infrastructure, which covers regulations, legislation, and compliance with international standards, our country is effectively operating mechanisms seen in advanced global markets and is progressing with great success in this area. However, in the area of behavioral management, which involves the healthy application of corporate governance in decision-making processes, board meetings, and all levels of organizations, we can observe that there is still a long way to go.

Therefore, to implement corporate governance in all its components and ensure sustainability under all challenging conditions, we must integrate economic, environmental, and social factors into our activities and decision-making processes. In this context, corporate governance principles, environmental impact, and digital infrastructure should be transformed into essential agenda items in every organization managed across Türkiye, ensuring that action is taken.

As the Turkish Corporate Governance Association, we will continue to focus on adopting, developing, and promoting the concept of corporate governance, while also establishing a communication network between the private sector, media, regulatory institutions, non-governmental organizations, and the academic world. With the support of our more than 180 corporate members and over 500 individual members, we believe that we will continue to raise the bar in the field of corporate governance each day.

With love and respect,

Dr. Tamer Saka

Chairman of the Board