CORPORATE GOVERNANCE INDEX

 

ISE Corporate Governance Index (XKURY) is the index in which companies applying Corporate Governance Principles are included.

ISE Corporate Governance Index aims to measure the price and return performances of companies traded in ISE Markets (except companies in Watchlist Market and List C) with a corporate governance rating of minimum 7 over 10. The corporate governance rating is determined by the rating institutions incorporated by CMB in its list of rating agencies as a result of their assessment of the company's compliance with the corporate governance principles as a whole.

Calculation of the Corporate Governance Index started on 31.08.2007 with the initial value of 48,082.17.

The ratings of companies included in ISE Corporate Governance Index can be found among the disclosures of the companies sent to the Public Disclosure Platform (PDP).

For companies included in ISE Corporate Governance Index, the annual listing/registration fee is applied as 50% of the tariff for the first two years, 75% of the tariff for the following two years and then continue as 90% of the tariff.

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