[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
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Related Funds
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Company Compliance Status
Explanation
Yes
Partial
No
Exempted
Not Applicable
oda_CorporateComplianceReportAbstract|
Corporate Governance Compliance Report
oda_FacilitatingTheExerciseOfShareholdersRightsAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
1.1. FACILITATING THE EXERCISE OF SHAREHOLDER RIGHTS
oda_TheInvestorRelationsDepartmentEnsuresThatInformationAffectingTheExercisingOfShareholdersRightsIsAvailableAndUpToDateOnTheCorporateWebsite|http://www.xbrl.org/2003/role/verboseLabel
1.1.2- Up-to-date information and disclosures which may affect the exercise of shareholder rights are available to investors at the corporate website.
X
oda_RightToObtainInformationAndToExamineAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
1.2. RIGHT TO OBTAIN AND REVIEW INFORMATION
oda_ManagementDidNotEnterIntoAnyTransactionThatWouldComplicateTheConductOfSpecialAudit|http://www.xbrl.org/2003/role/verboseLabel
1.2.1 - Management did not enter into any transaction that would complicate the conduct of special audit.
X
oda_GeneralAssemblyAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
1.3. GENERAL ASSEMBLY
oda_TheCompanyEnsuresTheClarityOfTheGeneralAssemblyAgendaAndThatAnItemOnTheAgendaDoesNotCoverMultipleTopics|http://www.xbrl.org/2003/role/verboseLabel
1.3.2 - The company ensures the clarity of the General Assembly agenda, and that an item on the agenda does not cover multiple topics.
X
oda_InsidersWithPriviledgedInformationHaveInformedTheBoardOfDirectorsAboutTransactionsConductedOnTheirBehalfWithinTheScopeOfTheCorporationsActivitiesAndRequestedToHaveThemAddedToTheAgendaOfTheGeneralShareholderMeeting|http://www.xbrl.org/2003/role/verboseLabel
1.3.7- Insiders with privileged information have informed the board of directors about transactions conducted on their behalf within the scope of the company's activities in order for these transactions to be presented at the General Shareholders' Meeting.
X
There is no transaction in this regard within the reporting period.
oda_TheBoardOfDirectorsIAuditorsIAndPersonsConcernedWithSignificantAgendaItemsAndThePreparationOfFinancialStatementsIWerePresentAtTheGeneralAssemblyMeeting|http://www.xbrl.org/2003/role/verboseLabel
1.3.8 - Members of the board of directors who are concerned with specific agenda items, auditors, and other related persons, as well as the officers who are responsible for the preparation of the financial statements were present at the General Shareholders' Meeting.
X
oda_TheGeneralAssemblyAgendaIncludesASeparateItemDetailingTheAmountsAndBeneficiariesOfAllDonationsAndContributions|http://www.xbrl.org/2003/role/verboseLabel
1.3.10 - The agenda of the General Shareholders' Meeting included a separate item detailing the amounts and beneficiaries of all donations and contributions.
X
The total amount of donations made within the year and their beneficiaries are one by one read at the General Assembly Meeting.
oda_TheGeneralAssemblyMeetingWasOpenToStakeholdersIncludingTheMedia|http://www.xbrl.org/2003/role/verboseLabel
1.3.11 - The General Shareholders' Meeting was held open to the public, including the stakeholders, without having the right to speak.
X
Our General Assembly meetings are held open to the public.
oda_VotingRightsAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
1.4. VOTING RIGHTS
oda_ThereIsNoRestrictionPreventingShareholdersFromExercisingTheirShareholderRights|http://www.xbrl.org/2003/role/verboseLabel
1.4.1 - There is no restriction preventing shareholders from exercising their shareholder rights.
X
oda_TheCompanyDoesNotHaveSharesThatCarryPriviledgedVotingRights|http://www.xbrl.org/2003/role/verboseLabel
1.4.2 - The company does not have shares that carry privileged voting rights.
X
oda_TheCompanyWithholdsFromExercisingItsVotingRightsAtTheAGMOfAnyCompanyWithWhichItHasCrossOwnershipInCaseSuchCrossOwnershipProvidesManagementControl|http://www.xbrl.org/2003/role/verboseLabel
1.4.3-The company withholds from exercising its voting rights at the General Shareholders' Meeting of any company with which it has cross-ownership, in case such cross-ownership provides management control.
X
oda_MinorityRightsAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
1.5. MINORITY RIGHTS
oda_TheCompanyPaysMaximumDiligenceToExerciseOfMinorityRights|http://www.xbrl.org/2003/role/verboseLabel
1.5.1 - The company pays maximum diligence to the exercise of minority rights.
X
oda_TheArticlesOfAssociationExtendsTheUseOfMinorityRightsToThoseWhoOwnLessThanOneTwenthiethOfTheOutstandingSharesAndExpandsTheScopeOfTheMinorityRights|http://www.xbrl.org/2003/role/verboseLabel
1.5.2 - The Articles of Association extend the use of minority rights to those who own less than one twenthieth of the outstanding shares, and expand the scope of the minority rights.
X
Our company does not have any privileged share that may limit exercise of shareholding/scarcity rights. Utmost care is taken for our shareholders to exercise their shareholding rights. Given our existing shareholding structure, distribution of our outstanding shares and general practices across our country, no change for expanding scope of scarcity rights in our Articles of Association is not foreseen, and applicable provisions associated with preservation of scarcity rights will continue to be adhered to.
oda_DividendRightAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
1.6. DIVIDEND RIGHT
oda_TheDividendPolicyApprovedByTheGSMIsPostedOnTheWebsite|http://www.xbrl.org/2003/role/verboseLabel
1.6.1 - The dividend policy approved by the General Shareholders' Meeting is posted on the company website.
X
oda_TheDividendDistributionPolicyComprisesTheMinimumInformationToEnsureThatTheShareholdersCanHaveAnOpinionOnTheProcedureAndPrinciplesOfDividendDistributionsInTheFuture|http://www.xbrl.org/2003/role/verboseLabel
1.6.2 - The dividend distribution policy comprises the minimum information to ensure that the shareholders can have an opinion on the procedure and principles of dividend distributions in the future.
X
oda_TheReasonsForRetainingEarningsAndTheirAllocationsAreStatedInTheRelevantAgendaItem|http://www.xbrl.org/2003/role/verboseLabel
1.6.3 - The reasons for retaining earnings, and their allocations, are stated in the relevant agenda item.
X
Profit has been distributed.
oda_TheBoardReviewedWhetherTheDividendPolicyBalancesTheBenefitsOfTheShareholdersAndThoseOfTheCcompany|http://www.xbrl.org/2003/role/verboseLabel
1.6.4 - The board reviewed whether the dividend policy balances the benefits of the shareholders and those of the company.
X
oda_TransferOfSharesAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
1.7. TRANSFER OF SHARES
oda_ThereAreNoRestrictionsPreventingSharesFromBeingTransferred|http://www.xbrl.org/2003/role/verboseLabel
1.7.1 - There are no restrictions preventing shares from being transferred.
X
oda_CorporateWebsiteAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
2.1. CORPORATE WEBSITE
oda_TheWebsiteIncludesAllElementsListedIn211|http://www.xbrl.org/2003/role/verboseLabel
2.1.1. - The company website includes all elements listed in Corporate Governance Principle 2.1.1.
X
oda_TheShareholdingStructureIsUpdatedOnTheWebsiteAtLeastEverySixMonths|http://www.xbrl.org/2003/role/verboseLabel
2.1.2 - The shareholding structure (names, privileges, number and ratio of shares, and beneficial owners of more than 5% of the issued share capital) is updated on the website at least every 6 months.
X
oda_AllContentOfTheWebsiteIsAlsoAvailableInLanguagesOtherThanTurkish|http://www.xbrl.org/2003/role/verboseLabel
2.1.4 - The company website is prepared in other selected foreign languages, in a way to present exactly the same information with the Turkish content.
X
oda_AnnualReportAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
2.2. ANNUAL REPORT
oda_TheBoardOfDirectorsEnsuresThatTheAnnualReportRepresentsATrueAndCompleteViewOfTheCompanysActivities|http://www.xbrl.org/2003/role/verboseLabel
2.2.1 - The board of directors ensures that the annual report represents a true and complete view of the company's activities.
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oda_TheAnnualReportIncludesAllTheElementsListedIn222|http://www.xbrl.org/2003/role/verboseLabel
2.2.2 - The annual report includes all elements listed in Corporate Governance Principle 2.2.2.
X
oda_CorporationsPolicyOnStakeholdersAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
3.1. CORPORATION'S POLICY ON STAKEHOLDERS
oda_TheCompanyHasAdoptedPoliciesEnsuringStakeholderRightsAreRespected|http://www.xbrl.org/2003/role/verboseLabel
3.1.1- The rights of the stakeholders are protected pursuant to the relevant regulations, contracts and within the framework of bona fides principles.
X
oda_PoliciesOrProceduresAdressingStakeholdersRightsArePublishedOnTheCompanysWebsite|http://www.xbrl.org/2003/role/verboseLabel
3.1.3 - Policies or procedures addressing stakeholders' rights are published on the company's website.
X
oda_AWhistleblowingProgramIsInPlaceForReportingLegalAndEthicalIssues|http://www.xbrl.org/2003/role/verboseLabel
3.1.4 - A whistleblowing programme is in place for reporting legal and ethical issues.
X
oda_TheCompanyAddressesConflictsOfInterestAmongStakeholdersInABalancedMannerItsBoardMembersOrExecutivesItsBoardMembersOrExecutives|http://www.xbrl.org/2003/role/verboseLabel
3.1.5 - The company addresses conflicts of interest among stakeholders in a balanced manner.
X
oda_SupportingTheParticipationOfTheStakeholdersInTheCorporationsManagementAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
3.2. SUPPORTING THE PARTICIPATION OF THE STAKEHOLDERS IN THE CORPORATION'S MANAGEMENT
oda_TheArticlesOfAssociationOrTheInternalRegulationsFrameTheParticipationOfEmployeesInManagement|http://www.xbrl.org/2003/role/verboseLabel
3.2.1 - The Articles of Association, or the internal regulations (terms of reference/manuals), regulate the participation of employees in management.
X
Expectations and opinions of beneficiaries are taken within framework of “Code of Conduct”, applicable for all companies that are part of Eczacıbaşı Group, human resources and sustainability policies and relevant models associated with assessment of them are applied. Social, environmental and corporate management risk and opportunities companies of the group are exposed to are considered along with their impacts upon sustainable development, expectations and opinions of internal and external stakeholders of the group and a road map is ascertained. Communication meetings, workshops, interviews with beneficiaries, notably, employees, demands and suggestions shared with questionnaires are considered by managers and policies and practices consistent with them are put into practice. Employees are informed about crucial decisions and practices by means of communication channels such as Corporate Portal (“Port-e”), E-live, text messages and e-mails, and they are enabled to contribute to such decisions with their opinions and suggestions conveyed through such channels. Feedback and reviews of employees are taken through employee loyalty questionnaires and "Senin Sesin" (Your Voice) pulse surveys, and improvement targets are added to "company success criteria.". In this framework, current practices conducted with a dynamic structure within the Group will continue to be pursued, and, in the short run, it is not foreseen that our Company will introduce an internal regulation for participation of employees in the management or the articles of association will be amended accordingly.
oda_AStakeholderSurveyConsultationIsConductedOnSignificantDecisionsAffectingThem|http://www.xbrl.org/2003/role/verboseLabel
3.2.2 - Surveys/other research techniques, consultation, interviews, observation method etc. were conducted to obtain opinions from stakeholders on decisions that significantly affect them.
X
oda_HRPolicyAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
3.3. HUMAN RESOURCES POLICY
oda_TheCompanyHasAdoptedAnEmploymentPolicyEnsuringEqualOpportunitiesAndASuccessionPlanForAllKeyManagerialPositions|http://www.xbrl.org/2003/role/verboseLabel
3.3.1 - The company has adopted an employment policy ensuring equal opportunities, and a succession plan for all key managerial positions.
X
oda_RecruitmentCriteriaAreDocumented|http://www.xbrl.org/2003/role/verboseLabel
3.3.2 - Recruitment criteria are documented.
X
oda_TheCompanyHasAPolicyOnHRDevelopmentAndOrganizesTrainingsForEmployees|http://www.xbrl.org/2003/role/verboseLabel
3.3.3 - The company has a policy on human resources development, and organises trainings for employees.
X
oda_MeetingsHaveBeenOrganisedToInformEmployeesOnTheFinancialStatusOfTheCompanyRemunerationCareerPlanningEducationAndHealth|http://www.xbrl.org/2003/role/verboseLabel
3.3.4 - Meetings have been organised to inform employees on the financial status of the company, remuneration, career planning, education and health.
X
oda_EmployeesIOrTheirRepresentativesAreNotifiedOfDecisionsmpactingThemTheirOpinionIsAlsoSought|http://www.xbrl.org/2003/role/verboseLabel
3.3.5 - Employees, or their representatives, were notified of decisions impacting them. The opinion of the related trade unions was also taken.
X
oda_JobDescriptionsAndPerformanceCriteriaAreElaboratedForAllEmployeesAndUsedToDetermineEmployeeRemuneration|http://www.xbrl.org/2003/role/verboseLabel
3.3.6 - Job descriptions and performance criteria have been prepared for all employees, announced to them and taken into account to determine employee remuneration.
X
oda_MeasuresProceduresTrainingsRaisingAwarenessGoalsMonitoringComplaintMechanismsHaveBeenTakenToPreventDiscriminationAndToProtectEmployeesAgainstAnyPhysicalSpiritualAndEmotionalMistreatment|http://www.xbrl.org/2003/role/verboseLabel
3.3.7 - Measures (procedures, trainings, raising awareness, goals, monitoring, complaint mechanisms) have been taken to prevent discrimination, and to protect employees against any physical, mental, and emotional mistreatment.
X
oda_TheCorporationEnsuresFreedomOfAssociationAndSupportsTheRightForCollectiveBargaining|http://www.xbrl.org/2003/role/verboseLabel
3.3.8 - The company ensures freedom of association and supports the right for collective bargaining.
X
oda_ASafeWorkingEnvironmentForEmployeesIsMaintained|http://www.xbrl.org/2003/role/verboseLabel
3.3.9 - A safe working environment for employees is maintained.
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oda_RelationsWithCustomersAndSuppliersAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
3.4. RELATIONS WITH CUSTOMERS AND SUPPLIERS
oda_TheCorporationAssessItsCustomerSatifactionAndOperatesToEnsureFullCustomerSatisfaction|http://www.xbrl.org/2003/role/verboseLabel
3.4.1-The company measured its customer satisfaction, and operated to ensure full customer satisfaction.
X
oda_CustomersAreNotifiedOfAnyDelaysInHandlingTheirRequests|http://www.xbrl.org/2003/role/verboseLabel
3.4.2 - Customers are notified of any delays in handling their requests.
X
oda_TheCompanyAdheresToGoodsAndServicesQualityStandardsOrNormsAndEnsuresThatItCompliesWithThemToPreserveTheirStandards|http://www.xbrl.org/2003/role/verboseLabel
3.4.3 - The company complied with the quality standards with respect to its products and services.
X
oda_TheCorporationHasAdequateControlsProtectingTheConfidentialityOfTheCommercialSecretOfTheCustomersAndSuppliers|http://www.xbrl.org/2003/role/verboseLabel
3.4.4 - The company has in place adequate controls to protect the confidentiality of sensitive information and business secrets of its customers and suppliers.
X
oda_EthicalRulesAndSocialResponsibilityAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
3.5. ETHICAL RULES AND SOCIAL RESPONSIBILITY
oda_TheBoardOfTheCorporationHasAdoptedACodeOfEthicsDisclosedOnTheCorporateWebsite|http://www.xbrl.org/2003/role/verboseLabel
3.5.1 - The board of the corporation has adopted a code of ethics, disclosed on the corporate website.
X
oda_TheCompanyHasAdoptedMeasuresToPreventCorruptionAndBribery|http://www.xbrl.org/2003/role/verboseLabel
3.5.2-The company has been mindful of its social responsibility and has adopted measures to prevent corruption and bribery.
X
oda_FunctionOfTheBoardOfDirectorsAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
4.1. ROLE OF THE BOARD OF DIRECTORS
oda_TheBoardOfDirectorsEnsuresStrategyAndRisksAreNotThreateningTheLongTermBenefitsOfTheCorporationAndThatEffectiveRiskManagementIsInPlace|http://www.xbrl.org/2003/role/verboseLabel
4.1.1 - The board of directors has ensured strategy and risks do not threaten the long-term interests of the company, and that effective risk management is in place.
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oda_TheAgendaAndMinutesOfBoardMeetingsIndicateThatTheBoardOfDirectorsDiscussesAndApprovesStrategyEnsuresAdequateRessourcesAreAllocatedAndMonitorsCorporateAndManagementPerformance|http://www.xbrl.org/2003/role/verboseLabel
4.1.2 - The agenda and minutes of board meetings indicate that the board of directors discussed and approved strategy, ensured resources were adequately allocated, and monitored company and management performance.
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oda_PrinciplesOfActivityOfTheBoardOfDirectorsAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
4.2. ACTIVITIES OF THE BOARD OF DIRECTORS
oda_TheBoardOfDirectorsDocumentsItsMeetingsAndReportsItsActivitiesToTheShareholders|http://www.xbrl.org/2003/role/verboseLabel
4.2.1-The board of directors documented its meetings and reported its activities to the shareholders.
X
oda_DutiesAndAuthoritiesOfTheMembersOfTheBoardOfDirectorsAreDisclosedInTheAnnualReport|http://www.xbrl.org/2003/role/verboseLabel
4.2.2 - Duties and authorities of the members of the board of directors are disclosed in the annual report.
X
oda_TheBoardEnsuresTheCorporationHasAnInternalControlFrameworkAdequateForItsActivitiesSizeAndComplexity|http://www.xbrl.org/2003/role/verboseLabel
4.2.3-The board has ensured the company has an internal control framework adequate for its activities, size and complexity.
X
oda_InformationOnTheFunctioningAndEffectivenessOfTheInternalControlSystemIsProvidedInTheAnnualReport|http://www.xbrl.org/2003/role/verboseLabel
4.2.4 - Information on the functioning and effectiveness of the internal control system is provided in the annual report.
X
oda_TheFunctionsOfTheChairmanAndChiefExecutiveAreSeparatedAndDefined|http://www.xbrl.org/2003/role/verboseLabel
4.2.5 - The roles of the Chairman and Chief Executive Officer are separated and defined.
X
oda_TheBoardOfDirectorsEnsuresThatTheInvestorRelationsDepartmentAndTheCorporateGovernanceCommitteeWorkEffectivelyAndItLiaiseWithThemWhenCommunicatingAndSettlingDisputesWithShareholders|http://www.xbrl.org/2003/role/verboseLabel
4.2.7-The board of directors ensures that the Investor Relations department and the corporate governance committee work effectively. The board works closely with them when communicating and settling disputes with shareholders.
X
oda_TheCompanyHasSuscribedToADOInsuranceCoveringAnAmountGreaterThanTwentyFivePercentOfTheCapital|http://www.xbrl.org/2003/role/verboseLabel
4.2.8 - The company has subscribed to a Directors and Officers liability insurance covering more than 25% of the capital.
X
Insurance was procured under the umbrella insurance of Eczacıbaşı Group and exceeds 25%.
oda_StructureOfTheBoardOfDirectorsAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
4.3. STRUCTURE OF THE BOARD OF DIRECTORS
oda_TheBoardOfDirectorsHasApprovedThePolicyOnItsOwnCompositionISettingAMinimalTargetOfTwnetyFivePercentForFemaleDirectorsTheBoardAnnuallyEvaluatesItsCompositionAndNominatesDirectorsSoAsToBeCompliantWithThePolicy|http://www.xbrl.org/2003/role/verboseLabel
4.3.9 - The board of directors has approved the policy on its own composition, setting a minimal target of 25% for female directors. The board annually evaluates its composition and nominates directors so as to be compliant with the policy.
X
One of our current members of the Board of Directors is female (16.67%), and the minimum ratio of 25% stipulated in the principle has not been fulfilled. Equality of opportunity, at Eczacıbaşı Group of which our company is a part, has been adopted as one of the basic sustainability priorities. Actions are taken based on the perspective that the long-term success is not only based on increased overall share of women within the organization, but also active roles played by them. The “Policy on Societal Gender and Opportunity Equality” which is applicable for all member companies of Eczacıbaşı Group has also been adopted by the Board of Directors. Within framework of this policy, it is required to take measures intended to assure a balanced gender representation at governance bodies, to provide women with all opportunities to find a place for themselves at the company's senior management positions, decision making executive roles, and to conduct development and support studies intended to facilitate such transition. Such priorities are taken into account when determining candidate board members for our company. Although the targeted ratio concerning female employee ratio at the management and time are determined (the ratio determined for 2025 is 37.5%), no target ratio and time concerning female members have been determined specifically for the Board of Directors. Specifically for the board of directors, determination of 25% as the minimum female member ratio and the relevant time is among our targets. Equal Opportunity Committee monitors the fulfillment rates of the targets and areas for improvement in the organization.
oda_AtLeastOneMemberOfTheAuditCommitteeHas5YearsOfExperienceInAuditAccountingAndFinance|http://www.xbrl.org/2003/role/verboseLabel
4.3.10 - At least one member of the audit committee has 5 years of experience in audit/accounting and finance.
X
oda_ProcedureOfBoardOfDirectorsMeetingsAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
4.4. BOARD MEETING PROCEDURES
oda_EachBoardMemberAttendsInPersonTheMajorityOfTheBoardMeetings|http://www.xbrl.org/2003/role/verboseLabel
4.4.1-Each board member attend the majority of the board meetings in person or via an electronic board meeting system
X
Four physical meetings were held with the participation of all Board members and the other 23 meeting resolutions have been passed by circulating among the attendees.
oda_TheBoardHasFormallyApprovedAMinimumTimeByWhichInformationAndDocumentsRelevantToTheAgendaItemsShouldBeSuppliedToAllBoardMembers|http://www.xbrl.org/2003/role/verboseLabel
4.4.2 - The board has formally approved a minimum time by which information and documents relevant to the agenda items should be supplied to all board members.
X
oda_BoardMembersSubmitTheirOpinionInWritingIfUnableToAttendTheBoardMeeting|http://www.xbrl.org/2003/role/verboseLabel
4.4.3 - The opinions of board members that could not attend the meeting, but did submit their opinion in written format, were presented to other members.
X
It is possible to convey written opinions, and members not attending to the meeting did not submit anything to that effect.
oda_EachMemberOfTheBoardHasOneVote|http://www.xbrl.org/2003/role/verboseLabel
4.4.4 - Each member of the board has one vote.
X
oda_TheBoardOfDirectorsHasACharterTermsOfReferenceDefiningItsWorkingProcedures|http://www.xbrl.org/2003/role/verboseLabel
4.4.5 - The board has a charter/written internal rules defining the meeting procedures of the board.
X
oda_BoardMinutesDocumentThatAllItemsOnTheAgendaAreDiscussedAndBoardResolutionsIncludeDirectorsDissentingOpinionsIfAny|http://www.xbrl.org/2003/role/verboseLabel
4.4.6 - Board minutes document that all items on the agenda are discussed, and board resolutions include director's dissenting opinions if any.
X
oda_ThereAreLimitsToExternalCommitmentsOfBoardMembersIAndShareholdersAreInformedOfBoardMembersExternalCommitmentsAtTheGSM|http://www.xbrl.org/2003/role/verboseLabel
4.4.7-There are limits to external commitments of board members. Shareholders are informed of board members' external commitments at the General Shareholders' Meeting.
X
The members of the Board of Directors ,except Independent Board Members, are restricted from taking positions in companies other than Eczacıbaşı Group as a principle. If board members assume duties outside the Company, such duties are given in our annual report and PDP (Public Disclosure Platform) in the section about our Company entitled “General Information/Details about Management Board”. Since care is taken for electing persons who will make a contribution to businesses and management of our Company due to nature of their duties within the Group, who have no obstacle for fulfilling their responsibilities related to board of directors membership, and could spare sufficient time for our Company, an arrangement for limiting duties to be assumed by members of the board of directors outside the Company is not foreseen in the short term.
oda_BoardCommitteesAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
4.5. BOARD COMMITTEES
oda_BoardMembersServeInOnlyOneOfTheBoardsCommittees|http://www.xbrl.org/2003/role/verboseLabel
4.5.5 - Board members serve in only one of the Board's committees.
X
Some of our board members work in more than one committee. Our company is not directly engaged in industrial or service production activity, and it has the structure of a holding owing to its affiliates. Given its existing activities and organization and management structure established in accordance with such activities, board members sitting at more than one committee do not cause them to neglect their committee duties or do not result them spending insufficient time for such duties. Members working at more than committee also assure communication and collaboration between committees. Given professions, knowledge and experiences of board member, persons with competence in subject matters are appointed to committees. The existing structure does not hinder the active fulfillment by committees of their duties and no adverse situation in terms of the corporate governance arises, considering the qualifications and specialties required by committee membership. No change in this regard has been planned yet, and it is possible to consider an increase in number of Independent Board Members in compliance with requirements of the Company.
oda_CommitteesMayInvitePersonsToTheMeetingsAsDeemedNecessaryToObtainTheirViews|http://www.xbrl.org/2003/role/verboseLabel
4.5.6 - Committees have invited persons to the meetings as deemed necessary to obtain their views.
X
oda_IfExternalConsultancyServicesAreUsedTheIndependenceOfTheProviderIsStatedInTheAnnualReport|http://www.xbrl.org/2003/role/verboseLabel
4.5.7 - If external consultancy services are used, the independence of the provider is stated in the annual report.
X
No service of such nature was procured.
oda_MinutesOfAllCommitteeMeetingsAreKeptAndReportedToBoardMembers|http://www.xbrl.org/2003/role/verboseLabel
4.5.8 - Minutes of all committee meetings are kept and reported to board members.
X
oda_FinancialRightsAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
4.6. FINANCIAL RIGHTS
oda_TheBoardOfDirectorsSelfAssessedItsWorkToEnsureItDischargesEffectivelyAllItsResponsibilities|http://www.xbrl.org/2003/role/verboseLabel
4.6.1-The board of directors has conducted a board performance evaluation to review whether it has discharged all its responsibilities effectively.
X
Our board of directors holds an annual meeting whereby it evaluates operations of the Company and results thereof and overall performance of the management. However, there is no methodology or a written performance assessment system used for performance assessment of the board of directors and/or its members. Performances of all companies under the roof of the Group including our company are periodically reviewed on a monthly basis. The performance evaluation of the company's senior management is carried out under the performance evaluation system of the human resources. When required, it is possible to consider outsourcing services for performance assessment of the board of directors form specialized institutions.
oda_TheCompanyDoesNotLoanMoneyIMakeCreditAvailableIEnlargeTheTermOfTheMoneyLoanedOrCreditImproveConditionsMakeCreditAvailableViaAThirdPartyAsAPersonalCreditOrGrantSecuritiesSuchAsSuretyToAnyOfItsBoardMembersOrExecutives|http://www.xbrl.org/2003/role/verboseLabel
4.6.4-The company did not extend any loans to its board directors or executives, nor extended their lending period or enhanced the amount of those loans, or improve conditions thereon, and did not extend loans under a personal credit title by third parties or provided guarantees such as surety in favour of them.
X
oda_TheIndividualRemunerationOfBoardMembersAndExecutivesIsDisclosedInTheAnnualReportnewItem|http://www.xbrl.org/2003/role/verboseLabel
4.6.5 - The individual remuneration of board members and executives is disclosed in the annual report.
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Payments made to the senior executives are collectively disclosed to the public in the footnotes of our financial statements. Our company, like many other companies in our country, adheres to the rule of salary confidentiality. Disclosure of individuals' salaries, considered a trade secret in terms of competition power, will be determined in line with general practices across our country.