Does business integrity have a cost indeed? If it costs to put integrity at the heart of our business and to do the right thing, is this cost worth the pain? I had the chance to attend various panels and meetings on corporate governance and institutionalization in various parts of Turkey...

A majority of small- and medium-sized enterprises (SMEs) in Turkey is family-owned. And, again most of these family owned Turkish SMEs are managed by the family members. There are many family-owned Turkish companies that have a reasonable level of corporate structure...

Earnings management is the generic term given to accounting decisions that influence financial reporting outcomes. However, the term tends to be used pejoratively in the sense that it implies an attempt to misreport financial results. History is full of instances where management have used their financial reporting...

Every business that has at least one employee needs to manage its payroll. It is not a choice, but a necessity. A well-managed payroll system ensures that all employees are paid when promised and all tax and social security regulations are addressed accurately...

Who gets to carry out the financial reporting of a firm that has recently been acquired by a majority shareholder and is still being managed by the minority shareholder? There are different answers to this question and each of them has its own luggage. One might think that..