In 2007, the acceptance of corporate members began with the aim of increasing the effectiveness of the Association’s activities and expanding areas of cooperation with organizations leading the recognition of corporate governance principles. The principles followed in collaborations with TKYD’s corporate members are listed below:
- A corporate member is represented by five of its members in the Association, and these members are listed as full members of the Association and must meet the same membership conditions. In case of job changes or similar situations, the corporate member has the right to appoint a new representative, and membership approval is based on the decision of the Association’s Board of Directors. The corporate member has one vote at the General Assembly, with the member it designates.
- Corporate members are granted free participation in the half-day training sessions organized by the Association once a year.
- Corporate members are entitled to a 30% discount on all paid activities and advertisement fees organized by the Association.
- Corporate members are provided with networking opportunities through special member meetings and agenda meetings.
- The logos of corporate members are displayed on the main page of the Association’s website, along with links to their websites.
- Corporate members can participate with up to 20 people in the free activities organized by the Association, and may invite external guests within this quota.
- The corporate member may be involved in research, publications, or reports on topics aligned with the mission and vision of the Association, and these may be distributed with sponsorship at the main level. The use of logos in printed publications is outlined in Section 5, Item 12 of the Association’s Rules and Principles.
- Corporate member representatives may be part of working groups created by the Association, with their representation not exceeding 10% of the total members in the group.
- The Association informs corporate members by following international trends and national regulations related to corporate governance and related topics, and organizes joint meetings on important topics to ensure that corporate member employees are well-informed.
- The Association supports corporate members by facilitating communication with other business organizations, benefiting from their areas of expertise, and providing information on events they organize.
For 2025, the new corporate membership entry fee is 80,000 TL, and the annual membership fee is 80,000 TL, totaling 160,000 TL. In subsequent years, only the annual membership fee is required. A 50% discount on the entry fee is provided to institutions with a corporate governance rating; if a new company from the same corporate group joins as a corporate member, the entry fee for the new corporate member is waived.
The corporate membership conditions outlined in the Statute of the Turkish Corporate Governance Association are as follows:
- Must be established in accordance with Turkish laws,
- Must not be deprived of the right to be a member of associations according to the provisions of the Associations Law No. 5253,
- Must submit a written request to the Association to become a member by the board or authorized persons representing the corporate member,
- Must not be listed in the list of persons and organizations subject to a prohibition on trading in stock exchanges and organized markets under Article 46/i of the Capital Markets Law,
- When firms retain their corporate identity while becoming members, the chairman of the board or the designated representative will cast the vote. If this person’s role ends, a new representative will be appointed by the relevant company and communicated to the Association.
Corporate membership acceptance procedure:
The TKYD Board of Directors will make a decision regarding the membership application within thirty (30) days following the date it is received, either accepting or rejecting the application by majority vote, and will notify the corporate applicant in writing. In case of acceptance, the “Membership Application” form, filled out by the five corporate representatives, the decision of the board/shareholders’ meeting or power of attorney, signature circular, trade registry gazette, the representative’s residence, population certificate, and four photographs will be submitted to the President of the Association.
Membership fees can be paid to any of the following bank accounts of the Turkish Corporate Governance Association.
With the regulation made in the Associations Law, the bank receipt can be used as a proof of payment document.