Objectives

The Board Directors Association aims to contribute to the adoption of appropriate knowledge, skillsets and vision by Turkish businesses and entrepreneurs operating across all sectors of the national economy. As such we intend to be the propelling force behind economic development, representing the innovative and internationally competitive dynamics of the country, and to nurture and sustain the growth of those businesses and entrepreneurs by adapting state-of- the-art management models and practices to their activities.

The Board Directors Association, in this context, considers it imperative for the benefit of all stakeholders in their respective businesses, for the business targets of corporate boards and board members to be set and executed along the lines of the principles listed herein.

The Board Directors Association endeavors to systematically extend all relevant platforms of information, discussion and practical works to the broadest group of related professional business circles within the country, so as to foster and develop a board level grasp and appreciation of these principles.

The Board Directors Association considers the following as fundamental to board level governance in modern-day business enterprises:

Vigor

The knowledge and capacity of Boards of Directors to actively follow and assess developments both within the sector and the broader professional environment of their operations, with the ability to make forward-looking inferences related to future activities.

Professionalism

The establishment of Boards of Directors with individuals capable of effectively engaging their professional skills and capacities in the fulfillment of their board level responsibilities.

Pluralism

The establishment of corporate Boards of Directors with members who represent diverse backgrounds of professional expertise and competence, and conduct of board level business, and to welcome and facilitate the meaningful contributions of these members in related decision-making processes as board members.

Inclusiveness

Within the pluralistic structure of Boards of Directors, the inclusion in board level decision-making processes of diverse sources of talent and professional expertise from both existing in-house, and external capacities.

Environmental, Social, Governance (ESG)

The professional approach of Boards of Directors with due sensitivity to the expectations, needs and interests of the natural, social and human environment in which the enterprises they hold responsibility for operate.

Sustainability

The functioning of Boards of Directors in employing the fundamental principles described above, in mutual harmony and balance so as to ensure the continuity, productivity and progress of firms under their responsibility; and, to observe and safeguard the value creating capacities of their firms as living and thriving structures in a stable, predictable and equitable manner for all stakeholders.