CORPORATE GOVERNANCE AND WEBSITES: A Field Study

Corporate governance aims to protect interests of all stakeholders against companies' activities and applications by adding transparency, accountability, justice and participation to managerial activities as internalized principles. Reliance on corporate managements, accounting and finance specialists, and financial reports declined especially after the accounting and corporation scandals occurred in the USA and other states. Sharing financial reports with the public opinion is significant for the establishment of basic principles of corporate governance such as transparency and accountability. In this context, internet based financial reporting applications carry critical value in order to fulfill the expected function. Therefore, this study examines the listed companies on ISE (Istanbul Stock Exchange), and evaluates the relation between corporate governance applications and the internet based financial reporting in order to analyse the current situation in Turkey.