This takes an in depth and comprehensive assessment of corporate governance in Turkey. In this assessment, historical roots and cultural values shaping the Turkish business context are taken into perspective. Part I outlines the developments and characteristics of the Turkish Economy as well historical developments in corporate governance to provide a background for the readers. External and internal corporate mechanisms of corporate governance are explained in Parts II and III, respectively. Turkey is a civil law country. Its legal system, company laws, regulatory authorities and the state...