OVERVIEW OF THE LITERATURE ON CORPORATE GOVERNANCE: A BIBLIOMETRIC ANALYSIS OF THE THEORETICAL BASES AND APPROACHES MOST USED IN ARTICLES
DOI:
https://doi.org/10.18028/rgfc.v10i3.8586Keywords:
VOSviewer, Corporate Governance, Bibliometric mapping, FinanceAbstract
In this research, the theoretical bases and the articles most cited in studies on corporate governance were investigated through bibliometric mapping using the software VOSviewer. The sample made up of 2,965 articles was obtained through Web of Science database. The analysis period from 2000 to 2018, was subdivided into three subperiods due to the occurrence of financial events in the United States, and the need for improvements in corporate governance practices was evidenced. It is believed that the improvement of corporate governance practices is the result of the emergence of new proposals presented in the investigated literature, characterizing the relevance of this research. This study contributes to the literature in Finance by presenting the foundations of research on corporate governance through bibliometric mapping and can assist future research by outlining the theoretical bases used after the reported financial stress events. The evidence suggests the predominance of the Agency Theory in the analyzed periods. However, the Property Structure Theory, Stakeholder Theory, Stewardship Theory and Resource Dependency Theory were also observed, which could be associated with the financial events that occurred.
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