Mapping the Corporate Governance Research in BRICS Economies - A Bibliometric Analysis

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In recent years, bibliometric analysis as a field of study has captured researchers’ interest worldwide. Bibliometric analysis enables one to have data about a particular field of research in one place. In this paper, the authors have attempted to capture insights on the study of bibliometric analysis of corporate governance in BRICS economies. For all companies, and most prominently the publicly traded companies, reliance to the ethos of good corporate governance helps enhance the value of the companies. Corporate governance is an umbrella term indicating all possible areas of best practice to elevate the performance of the companies. BRICS economies have their own set of similarities as well as differences. Bibliometric analysis of corporate governance research is elaborately studied in the context of European and other developed economies. As this kind of study has not been done with reference to the BRICS economies, we had the motivation to conduct this study. From the Scopus database, meta data has been collected for this study. In this study, we reviewed 3,596 research publications during the last three decades, between 1991 and 2020. The increasing trend of publications is observed in corporate governance in BRICS countries using the longitudinal data. Researchers from China rule the chart on the quantum of research done in the field of corporate governance among the BRICS economies. Meta data for ten years is analysed using Biblioshiny and Vosviewer. Using a thematic map, the study of 3,596 documents were divided into four time zones, i.e., 1991-2011 (976 documents), 2011-2014 (612 documents), 2014-2017 (792 documents), and 2017-2020 (1,296 documents). The key themes which emerged were governance and ownership structure (1991 to 2011); stakeholders, corporate social responsibility, and internationalisation (2011-2014); privatisation and investor protection (2014-2017); and audit committee, independent directors, and corporate governance (2017-2020).

Keywords: Corporate Governance, Bibliometric Analysis, Keyword Analysis, Thematic Maps, Citation and Co-Citation Analysis, BRICS

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