Borsa İstanbul Bilişim Endeksinde Yer Alan Şirketlerin Kurumsal Yönetim ve Finansal Performans Açısından Değerlendirilmesi

It is seen that the information technology sector, which plays an important role in the economic development by creating leverege effect to all other industries, is not developed sufficiently yet in Turkey. Also the number of information technology companies listed in Borsa Istanbul and the transaction volume of these companies are very low when you compare with the other major stock exchanges in the world. In this study, the companies included in Borsa Istanbul Information Technology Index are evaluated in terms of corporate governance and financial performance. In corporate governance study, compliance statements in the annual reports of 2013 of the companies included in the information technology index were evaluated. In this evaluation, the model which is used to give score for the companies included in corporate governance index by the authorized rating agencies is considered. As a result of this evaluation, it is seen that the companies generally make efforts to comply with Corporate Governance Principles, but these efforts are not sufficient yet. In the study of financial performance; 2009 – 2013 balance sheets and income statements of the companies were evaluated. With the scope of this evaluation, the companies’ financial performance ratios were calculated. As a consequence of the study, it is determined that short term debt paying ability of the information technology companies is high and net working capital of these companies is enough. The number of companies included in Information Technology Index is very low, moreover it is seen that only the company called Logo among these companies is included in Corporate Governance Index at the same time. The number of companies included in Information Technology, and also by applying the corporate governance principles to these companies the number of information technology companies which may be included in Corporate Governance Index should be increased. It is considered that this increase will also provide important contribution to the country economy.