The Turkey Spencer Stuart Board Index for 2024 presents a study of the 30 most significant companies listed on the BIST exchange based on their market capitalization as of 31 May, 2024. The accompanying chart offers an exclusive view of how various important measures have evolved from 2019 to 2024.
Board Composition & Governance
|
2024 |
2019 |
5-year change |
| Average board size |
8.3 |
9.8 |
-15.3% |
| % women directors: all |
17.9% |
18.5% |
-3.2% |
| % of boards with more than 3 committees |
4 |
4 |
0% |
| Average corporate governance rating |
23.5 |
22.4 |
4.9% |
Age, tenure & remuneration
|
2024 |
2019 |
5-year change |
| Average age non-executives |
58.2 |
59 |
-1.4% |
| Average age executives |
52.5 |
58.5 |
-10.3% |
| Average age new directors |
54.4 |
53.9 |
0.9% |
| Average # of years tenure: non-executives |
11.5 |
5.6 |
105% |
| Average non-executive fee (gross) |
TRY 1,513,588
(€40,692) |
TRY 274,526
(€48,186) |
|