Comparative corporate governance reforms in India and Turkey: Stakeholder accountability and regulatory challenges

Authors

  • Subhajit Chakraborty Xavier Law School, St. Xavier’s University, Kolkata, India
  • Avik Banerjee St. Xavier’s University, Kolkata, India
  • Rashmi Pradhan University Law College, Vinoba Bhave University
  • Sangramesh Talukdar Brainware University, Barasat, West Bengal

Keywords:

Corporate Governance, Comparative Corporate Law, Emerging Economies, Shareholder Protection, Regulatory Framework, India, Turkey, Corporate Accountability, OECD Principles

Abstract

Corporate governance holds considerable significance when it comes to enhancing the level of corporate accountability, transparency, investor protection, and sustainable economic development in emerging economies. This paper aims to perform a comparative doctrinal study of the corporate governance structure of India and Turkey by looking into various elements such as legislation, securities laws, shareholder rights, board structures, disclosures, and other institutional aspects. In this paper, the impact of international standards on corporate governance and specifically OECD principles will be analyzed while discussing the changes made to corporate governance by India and Turkey. It will be seen that despite the adoption of reforms in order to comply with international governance norms, many issues related to enforcement and regulatory inefficiencies remain.

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Published

2026-05-18

How to Cite

Chakraborty, S., Banerjee, A., Pradhan, R., & Talukdar, S. (2026). Comparative corporate governance reforms in India and Turkey: Stakeholder accountability and regulatory challenges. International Journal of Economic Perspectives, 20(5), 442–461. Retrieved from https://ijeponline.lingcure.org/index.php/journal/article/view/1324

Issue

Vol. 20 No. 5 (2026)

Section

Peer Review Articles
Copyright & Licensing

Copyright (c) 2026 Subhajit Chakraborty, Avik Banerjee, Rashmi Pradhan, Sangramesh Talukdar

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