Research Information System
Thesis Type: Postgraduate
Institution Of The Thesis: Istanbul Commerce University, Sosyal Bilimler Enstitüsü, Turkey
Approval Date: 2020
Thesis Language: English
Student: OMAR THAMER MOHAMMED SOAJN
Supervisor: CELAYİR DUYGU
Abstract:In recent years, corporate governance has become closely related to companies. During these periods when the relations with the society and companies (shareholders, partnerships, etc.) İncreased and market conditions prevailed, the concept and principles of corporate governance began to be discussed further. The financial crises in international markets and accounting misconceptions such as Worldcom and Enron in the US have revealed the need for companies to identify and manage future risks. The expansion in the areas of company activity also increases the faced risks. Risks and uncertainties such as liberalization, liberalization, marketing, privatization and competition structures of the real sector in the world and their effects on the system are increasing. The success of companies largely depends on their ability to prevent, mitigate, identify and manage their risks. Corporate governance includes the relationships between the management and ownership of an enterprise. It aims to create value in business activities and management and protects shareholder rights and other interest groups (managers, employees, suppliers, customers, lenders). However, businesses may face various risks in this process. In particular, corporate scandals over the last 20 years have led to the need for businesses to identify and manage future risks in the face of financial crises in international markets. The performance / success of businesses has been largely dependent on their ability to prevent, identify, mitigate and manage their risks. At the same time, the widely used corporate risk management has come as a contemporary approach to the risk management applied by the enterprises that want to participate and grow in international markets and the risk management is integrated with the corporate governance structure. In this study, corporate governance structure and the effect of risk management on corporate governance are discussed. In the first part of the study, the concept of corporate governance, basic principles, are discussed and so on. In the second part, the concept of risk, risk and risk management types are explained, In the last section, the concept of enterprise risk management, other related concepts, implementation process of enterprise risk management and components of enterprise risk management are discussed.