The Effect of Compliance with Corporate Governance Principles on Corporate Reputation as a Coercive Uniformity Mechanism: The Moderator Role of Family Ownership

This study aims to test the effect of compliance with corporate governance principles, which is considered as a coercive isomorphism mechanism, on corporate reputation and to determine the moderating role of family ownership in this relationship. Analyzes were made using data on compliance with corp...

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Main Authors: Türköz, Tolga, Koç, Umut
Format: Article
Language:English
Published: Beta Publishing 2021-04-01
Series:Yönetim ve Organizasyon Araştırmaları Dergisi
Subjects:
Online Access:http://betadergi.com/yoad/yonetim/icerik/makaleler/77-published.pdf
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author Türköz, Tolga
Koç, Umut
author_facet Türköz, Tolga
Koç, Umut
author_sort Türköz, Tolga
collection DOAJ
description This study aims to test the effect of compliance with corporate governance principles, which is considered as a coercive isomorphism mechanism, on corporate reputation and to determine the moderating role of family ownership in this relationship. Analyzes were made using data on compliance with corporate governance principles, corporate reputation, and family ownership ratios over a sample of 70 firms selected from the manufacturing industry firms traded in Borsa Istanbul. Age, business size (number of employees, revenue), foreign ownership ratio, and financial performance variables (as market-based indicators; Tobin’s q and stock return rate, and as accounting-based indicators; ROA and ROE) used as the control variables. As a result of the analyses, we have found that compliance with corporate governance principles, as a coercive mechanism of isomorphism, positively affects corporate reputation and the effect of compliance with corporate governance principles on corporate reputation is positive and stronger for the higher levels of family ownership.
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spelling doaj.art-dfb1a1172eed42f09f95ae2fc7733b392023-02-15T16:17:09ZengBeta PublishingYönetim ve Organizasyon Araştırmaları Dergisi2149-26462667-83652021-04-016157103The Effect of Compliance with Corporate Governance Principles on Corporate Reputation as a Coercive Uniformity Mechanism: The Moderator Role of Family OwnershipTürköz, Tolga0https://orcid.org/0000-0002-0805-0219Koç, Umut1https://orcid.org/0000-0002-9669-0290Eskisehir Osmangazi UniversityEskisehir Osmangazi UniversityThis study aims to test the effect of compliance with corporate governance principles, which is considered as a coercive isomorphism mechanism, on corporate reputation and to determine the moderating role of family ownership in this relationship. Analyzes were made using data on compliance with corporate governance principles, corporate reputation, and family ownership ratios over a sample of 70 firms selected from the manufacturing industry firms traded in Borsa Istanbul. Age, business size (number of employees, revenue), foreign ownership ratio, and financial performance variables (as market-based indicators; Tobin’s q and stock return rate, and as accounting-based indicators; ROA and ROE) used as the control variables. As a result of the analyses, we have found that compliance with corporate governance principles, as a coercive mechanism of isomorphism, positively affects corporate reputation and the effect of compliance with corporate governance principles on corporate reputation is positive and stronger for the higher levels of family ownership.http://betadergi.com/yoad/yonetim/icerik/makaleler/77-published.pdfisomorphismcorporate reputationcorporate governanceownership structurefamily businessesfamily ownership
spellingShingle Türköz, Tolga
Koç, Umut
The Effect of Compliance with Corporate Governance Principles on Corporate Reputation as a Coercive Uniformity Mechanism: The Moderator Role of Family Ownership
Yönetim ve Organizasyon Araştırmaları Dergisi
isomorphism
corporate reputation
corporate governance
ownership structure
family businesses
family ownership
title The Effect of Compliance with Corporate Governance Principles on Corporate Reputation as a Coercive Uniformity Mechanism: The Moderator Role of Family Ownership
title_full The Effect of Compliance with Corporate Governance Principles on Corporate Reputation as a Coercive Uniformity Mechanism: The Moderator Role of Family Ownership
title_fullStr The Effect of Compliance with Corporate Governance Principles on Corporate Reputation as a Coercive Uniformity Mechanism: The Moderator Role of Family Ownership
title_full_unstemmed The Effect of Compliance with Corporate Governance Principles on Corporate Reputation as a Coercive Uniformity Mechanism: The Moderator Role of Family Ownership
title_short The Effect of Compliance with Corporate Governance Principles on Corporate Reputation as a Coercive Uniformity Mechanism: The Moderator Role of Family Ownership
title_sort effect of compliance with corporate governance principles on corporate reputation as a coercive uniformity mechanism the moderator role of family ownership
topic isomorphism
corporate reputation
corporate governance
ownership structure
family businesses
family ownership
url http://betadergi.com/yoad/yonetim/icerik/makaleler/77-published.pdf
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