The political economy of the board of directors: The case of Turkish Airlines (1956–2020)

Abstract

Turkish Airlines, the first civil airline organization in Turkey, has positioned itself as a flag carrier. The aim of this chapter is to examine the board of directors of THY, which has changed over time. For this purpose, a single case study approach was designed to allow in-depth analysis of the composition of the board. The findings of this study indicate that Turkish Airlines has changed its board members to comply with the changes in the environment. This study contributes to resource dependence theory literature by revealing the factors influencing the board of directors of Turkish Airlines.