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ARTICLE · 09 SEPTEMBER 2016

Internal Control And Institutionalization

One of the expressions we hear rather often in business world is "think global".

TurkeyCorporate/Commercial Law

One of the expressions we hear rather often in business world is "think global".

This expression may be considered a reference to benefiting from global opportunities, being open to novelties and going beyond local markets however the first thing to do is to build the system on sound institutional ground and make it controllable to allow for necessary openings and healthy growth, be it global or not. The keyword here is "control". Nothing beyond one's control shall belong to one in the long run.

The word "control" has become a part of each and every aspect of our lives. Controlled crossing, losing control, internal control, control panel, control director, control group, out of control, control system, control point... These are what come to my mind at first thought...

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