@article{2018,title={THE REVIEW OF THE BASEL COMMITTEE ON BANKING SUPERVISION’S PRINCIPLES FOR ENHANCING CORPORATE GOVERNANCE},abstractNode={Banks have crucial functions in the economy. Therefore, the whole economy has a high degree of sensitivity to any shortcomings arising from corporate governance of banks. Effective corporate governance practices are necessary in the continuing and protecting of the confidence to the banking system which is critical for the functioning of the whole economy. Bad corporate governance can lead to bankruptcy of banks due to the risk of contamination and the effects on payment systems. The Basel Committee on Banking Supervision (the Committee) published initial guidance related to sound corporate governance practices for banks. These principles were later revised in 2006. Together with the financial crisis that began in mid-2007, there have been a number of corporate governance failures. These failures are insufficient board oversight of senior management, inadequate risk management and unduly complex or opaque bank structures and activities. For these reasons, the committee revisited the guidance in 2006. In this study, “Principles for Enhancing Corporate Governance” which was published in 2010 by the committee has been particularly reviewed.},author={Göktürk KALKAN},year={2018},journal={The Journal of Social Sciences}}