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corporate
governance
Borusan Holding that plays a cen- We conduct all operations
tral role and does not participate in
management of group companies, at Borusan Group
along with Borusan Yatırım which
participates in companies with mi- companies according to
nority shares and functions as a
transparency, fairness,
portfolio company, comprise the
Corporate Parent. Holding corpo-
responsibility and
rate governance structure is based
on effective communication and
accountability principles
audit mechanisms that establish
control over the entire group.
of corporate governance.
Borusan Holding Board of Direc-
tors, the supreme decision-making Holding Financial Control, Inter-
organ of the group, undertakes the nal Audit, Finance and Investor
general responsibility of group ac- Relations departments cooperate
tivities towards shareholders and with Corporate Risk Management
other stakeholders. The Board de- Department in implementing risk
termines the group objectives and processes. Internal Audit Depart-
develops strategy to achieve these ment inspects group companies’
objectives and thereby works for processes and offers them im-
sustainable development of group provement suggestions by iden-
companies. tifying the risk areas. The inspec-
tions conducted by Internal Audit
Borusan Holding Board of Direc- department includes social topics
tors, with a balanced structure of such as ethics, employee rights,
both executive and non-executive and OHS, in addition to environ-
members, is comprised of seven mental topics. In 2017, 70% of
members. Board does not include Holding Internal Audit Depart-
any independent members. Hold- ment’s inspections at group com-
ing Executive Board is positioned panies were on social and environ-
under the Board of Directors in mental topics.
the organizational structure and
acts as the management platform
that oversees the achievement of Structure of
group strategic objectives. Execu- Board of Directors
tive Board members lead specific
Women Members %29
industry and business line related
studies by taking part in the man- Foreign Members %29
agement boards of group compa- Members 50 Years and above %100
nies as chairman or member.
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