@article{(Open Science Index):https://publications.waset.org/pdf/10002109,
	  title     = {Corporate Governance and Share Prices: Firm Level Review in Turkey},
	  author    = {Raif Parlakkaya and  Ahmet Diken and  Erkan Kara},
	  country	= {},
	  institution	= {},
	  abstract     = {This paper examines the relationship between
corporate governance rating and stock prices of 26 Turkish firms
listed in Turkish stock exchange (Borsa Istanbul) by using panel data
analysis over five-year period. The paper also investigates the stock
performance of firms with governance rating with regards to the
market portfolio (i.e. BIST 100 Index) both prior and after
governance scoring began. The empirical results show that there is no
relation between corporate governance rating and stock prices when
using panel data for annual variation in both rating score and stock
prices. Further analysis indicates surprising results that while the
selected firms outperform the market significantly prior to rating, the
same performance does not continue afterwards.},
	    journal   = {International Journal of Economics and Management Engineering},
	  volume    = {9},
	  number    = {7},
	  year      = {2015},
	  pages     = {2445 - 2449},
	  ee        = {https://publications.waset.org/pdf/10002109},
	  url   	= {https://publications.waset.org/vol/103},
	  bibsource = {https://publications.waset.org/},
	  issn  	= {eISSN: 1307-6892},
	  publisher = {World Academy of Science, Engineering and Technology},
	  index 	= {Open Science Index 103, 2015},
	}