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Corporate Governance and Performance. Insights from a Bibliometric Perspective for an Emerging Country

Author

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  • Petrică-Dumitru BECHEȘ

    (National University of Political Studies and Public Administration, Bucharest, Romania)

  • Flavia Gabriela ANGHEL

    (National University of Political Studies and Public Administration, Bucharest, Romania)

Abstract

The objective of this study is to analyse the relationship between corporate governance and companies’ performance by using a bibliometric analysis methodology. The Scopus database was used, covering the period from 2011 to 2025, and including 120 papers. The research follows the PRISMA 2020 guidelines for systematic literature reviews, and the data was processed using the Bibliometrix package in R. The findings indicate a fluctuating, yet increasing academic interest in the corporate governance-performance nexus, with a peak in 2021. The bibliometric analysis highlights dominant research methodologies, leading publication sources and influential contributors in the field. Moreover, the study identifies a transition from traditional governance-performance discussions to contemporary themes such as sustainability, ESG factors, and the impact of digital transformation on governance frameworks. By offering a comprehensive bibliometric insight into the corporate governance-performance nexus, particularly in the context of an emerging economy, this study contributes to the existing literature by mapping the intellectual structure of the field, identifying research gaps, and suggesting potential directions for future studies.

Suggested Citation

  • Petrică-Dumitru BECHEȘ & Flavia Gabriela ANGHEL, 2025. "Corporate Governance and Performance. Insights from a Bibliometric Perspective for an Emerging Country," CECCAR Business Review, Body of Expert and Licensed Accountants of Romania (CECCAR), vol. 6(2), pages 59-77, February.
    • Handle: RePEc:ahd:journl:v:6:y:2025:i:2:p:59-77
    DOI: 10.37945/cbr.2025.02.07
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    More about this item

    Keywords

    corporate governance; companies’ performance; bibliometric analysis; Romania;
    All these keywords.

    JEL classification:

    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • M49 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Other

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