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Corporate Governance Networks in Turkey

Author

Listed:
  • Alper Duman

    (Department of Economics, Izmir University of Economics)

  • Efe Postalci

    (Department of Economics, Izmir University of Economics)

Abstract

We provide an analysis of corporate governance networks implied by members of board of directors of 319 companies listed in Istanbul Stock Exchange (ISE) for the year 2007. Our configuration yields a bipartite network for which we provide small world statistics in addition to the usual measures commonly used in network analysis. We find that the networks have low density. However, within the giant component, the average path among agents is very low and the clustering coefficient is considerably high.

Suggested Citation

  • Alper Duman & Efe Postalci, 2009. "Corporate Governance Networks in Turkey," Working Papers 0904, Izmir University of Economics.
    • Handle: RePEc:izm:wpaper:0904
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    File URL: http://eco.ieu.edu.tr/wp-content/wp0904.pdf
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    References listed on IDEAS

    as
    1. Garry Robins & Malcolm Alexander, 2004. "Small Worlds Among Interlocking Directors: Network Structure and Distance in Bipartite Graphs," Computational and Mathematical Organization Theory, Springer, vol. 10(1), pages 69-94, May.
    2. B. Yurtoglu, 2000. "Ownership, Control and Performance of Turkish Listed Firms," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 27(2), pages 193-222, June.
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    Cited by:

    1. Miron Vasile-Cristian-Ioachim, 2015. "Social Responsability And Corporate Governance In Evaluating The Performance Of Economic Entities," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 151-159, October.

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    More about this item

    Keywords

    Corporate Governance; Networks;

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation

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