IDEAS home Printed from https://ideas.repec.org/a/spr/scient/v117y2018i3d10.1007_s11192-018-2919-z.html
   My bibliography  Save this article

Bibliometric analysis of corporate governance research in German-speaking countries: applying bibliometrics to business research using a custom-made database

Author

Listed:
  • Dirk Tunger

    (Forschungszentrum Jülich GmbH)

  • Marc Eulerich

    (University of Duisburg-Essen)

Abstract

The objective of the present study on corporate governance research in German-speaking countries is to portray the networks in this field, identify the central sources and actors, and establish the relations between individual subdisciplines. The present paper therefore uses bibliometric and network analysis to investigate business research literature in the leading journals in German-speaking countries. As none of the major citation databases could be used for the bibliometric analysis given the subject area under investigation, the first step was to create a bibliometric database for the planned evaluation. Using this as a basis, bibliometric evaluations were then carried out with a focus on co-citation analysis. This analysis was based on an evaluation of over 10,000 references in 267 source documents. This identified the key publications on business research in German-speaking countries that have a particularly strong influence on the subject of corporate governance. The various key areas were clustered according to similarity and visualized in a network.

Suggested Citation

  • Dirk Tunger & Marc Eulerich, 2018. "Bibliometric analysis of corporate governance research in German-speaking countries: applying bibliometrics to business research using a custom-made database," Scientometrics, Springer;Akadémiai Kiadó, vol. 117(3), pages 2041-2059, December.
    • Handle: RePEc:spr:scient:v:117:y:2018:i:3:d:10.1007_s11192-018-2919-z
    DOI: 10.1007/s11192-018-2919-z
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11192-018-2919-z
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s11192-018-2919-z?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Jensen, Michael C & Meckling, William H, 1979. "Rights and Production Functions: An Application to Labor-managed Firms and Codetermination," The Journal of Business, University of Chicago Press, vol. 52(4), pages 469-506, October.
    2. Jonas Hauke & Iris Lorscheid & Matthias Meyer, 2017. "Recent Development of Social Simulation as Reflected in JASSS Between 2008 and 2014: A Citation and Co-Citation Analysis," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 20(1), pages 1-5.
    3. Fama, Eugene F & Jensen, Michael C, 1983. "Separation of Ownership and Control," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 301-325, June.
    4. Hart, Oliver, 1995. "Corporate Governance: Some Theory and Implications," Economic Journal, Royal Economic Society, vol. 105(430), pages 678-689, May.
    5. Michael C. Jensen, 2010. "The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems," Journal of Applied Corporate Finance, Morgan Stanley, vol. 22(1), pages 43-58, January.
    6. Shleifer, Andrei & Vishny, Robert W, 1997. "A Survey of Corporate Governance," Journal of Finance, American Finance Association, vol. 52(2), pages 737-783, June.
    7. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    8. Nees Jan van Eck & Ludo Waltman, 2009. "How to normalize cooccurrence data? An analysis of some well‐known similarity measures," Journal of the American Society for Information Science and Technology, Association for Information Science & Technology, vol. 60(8), pages 1635-1651, August.
    9. W. M. Shaw, 1985. "Critical thresholds in co‐citation graphs," Journal of the American Society for Information Science, Association for Information Science & Technology, vol. 36(1), pages 38-43, January.
    10. Henry Small, 1973. "Co‐citation in the scientific literature: A new measure of the relationship between two documents," Journal of the American Society for Information Science, Association for Information Science & Technology, vol. 24(4), pages 265-269, July.
    11. Nees Jan Eck & Ludo Waltman, 2010. "Software survey: VOSviewer, a computer program for bibliometric mapping," Scientometrics, Springer;Akadémiai Kiadó, vol. 84(2), pages 523-538, August.
    12. Small, Henry, 2009. "Critical thresholds for co-citation clusters and emergence of the giant component," Journal of Informetrics, Elsevier, vol. 3(4), pages 332-340.
    13. Antle, R, 1984. "Auditor Independence," Journal of Accounting Research, Wiley Blackwell, vol. 22(1), pages 1-20.
    14. Jensen, Michael C, 1986. "Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers," American Economic Review, American Economic Association, vol. 76(2), pages 323-329, May.
    15. Jensen, Michael C & Murphy, Kevin J, 1990. "Performance Pay and Top-Management Incentives," Journal of Political Economy, University of Chicago Press, vol. 98(2), pages 225-264, April.
    16. Ross, Stephen A, 1973. "The Economic Theory of Agency: The Principal's Problem," American Economic Review, American Economic Association, vol. 63(2), pages 134-139, May.
    17. Lex Donaldson & James H. Davis, 1991. "Stewardship Theory or Agency Theory: CEO Governance and Shareholder Returns," Australian Journal of Management, Australian School of Business, vol. 16(1), pages 49-64, June.
    18. Jianhua Hou, 2017. "Exploration into the evolution and historical roots of citation analysis by referenced publication year spectroscopy," Scientometrics, Springer;Akadémiai Kiadó, vol. 110(3), pages 1437-1452, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Amit Kumar Singh & Yifang Zhang & Anu, 2023. "Understanding the Evolution of Environment, Social and Governance Research: Novel Implications From Bibliometric and Network Analysis," Evaluation Review, , vol. 47(2), pages 350-386, April.
    2. Xindi Wang & Zeshui Xu & Xinxin Wang & Marinko Skare, 2022. "A review of inflation from 1906 to 2022: a comprehensive analysis of inflation studies from a global perspective," Oeconomia Copernicana, Institute of Economic Research, vol. 13(3), pages 595-631, September.
    3. Wu, Hangyao & Xu, Zeshui & Skare, Marinko, 2022. "How do family businesses adapt to the rapid pace of globalization? a bibliometric analysis," Journal of Business Research, Elsevier, vol. 153(C), pages 59-74.
    4. Raghu Raman & Ricardo Vinuesa & Prema Nedungadi, 2021. "Bibliometric Analysis of SARS, MERS, and COVID-19 Studies from India and Connection to Sustainable Development Goals," Sustainability, MDPI, vol. 13(14), pages 1-20, July.
    5. Gabriela BADAREU & Roxana BÄ‚DÃŽRCEA & Alina Georgiana MANTA & Nicoleta DORAN, 2022. "FHow Important Is the Relationship between Financial Development and Economic Growth? Bibliometric Analysis," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(24), pages 62-71, November.
    6. Andreas Andrikopoulos & Michael Bekiaris & Konstantinos Kostaris, 2020. "Stars in a small world: social networks in auditing research," Scientometrics, Springer;Akadémiai Kiadó, vol. 122(1), pages 625-643, January.
    7. H. Kent Baker & Satish Kumar & Nitesh Pandey, 2021. "Forty years of the Journal of Futures Markets: A bibliometric overview," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 41(7), pages 1027-1054, July.
    8. Peter Vaz da Fonseca & Michele Nascimento Juca, 2020. "The Influence of Taxes on Foreign Direct Investment: Systematic Literature Review and Bibliometric Analysis," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 55-77.
    9. Samson Anjikwi Malgwi & Ropo Ebenezer Ogunsakin & Abolade David Oladepo & Matthew Adekunle Adeleke & Moses Okpeku, 2023. "A Forty-Year Analysis of the Literature on Babesia Infection (1982–2022): A Systematic Bibliometric Approach," IJERPH, MDPI, vol. 20(12), pages 1-19, June.
    10. Indah Fajarini Sri Wahyuningrum & Amin Chegenizadeh & Natasya Ghinna Humaira & Mochamad Arief Budihardjo & Hamid Nikraz, 2023. "Corporate Governance Research in Asian Countries: A Bibliometric and Content Analysis (2001–2021)," Sustainability, MDPI, vol. 15(8), pages 1-20, April.
    11. Neelam Kaushal & Rahul Pratap Singh Kaurav & Brijesh Sivathanu & Neeraj Kaushik, 2023. "Artificial intelligence and HRM: identifying future research Agenda using systematic literature review and bibliometric analysis," Management Review Quarterly, Springer, vol. 73(2), pages 455-493, June.
    12. Pooja Mishra & Kishore Kumar, 2024. "Uncovering the sustainability reporting: bibliometric analysis and future research directions," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 21(4), pages 520-542, December.
    13. Ketan Bhatt & Claudia Seabra & Sunil Kumar Kabia & Kumar Ashutosh & Amit Gangotia, 2022. "COVID Crisis and Tourism Sustainability: An Insightful Bibliometric Analysis," Sustainability, MDPI, vol. 14(19), pages 1-23, September.
    14. Yong Qin & Zeshui Xu & Xinxin Wang & Marinko Škare, 2021. "Are family firms in the eyes of economic policy?," International Entrepreneurship and Management Journal, Springer, vol. 17(3), pages 1233-1259, September.
    15. Stamatios K. Chrysikopoulos & Panos T. Chountalas & Dimitrios A. Georgakellos & Athanasios G. Lagodimos, 2024. "Green Certificates Research: Bibliometric Assessment of Current State and Future Directions," Sustainability, MDPI, vol. 16(3), pages 1-45, January.
    16. Ayesha Zehra & Amena Urooj, 2022. "A Bibliometric Analysis of the Developments and Research Frontiers of Agent-Based Modelling in Economics," Economies, MDPI, vol. 10(7), pages 1-13, July.
    17. Sureka, Riya & Kumar, Satish & Colombage, Sisira & Abedin, Mohammad Zoynul, 2022. "Five decades of research on capital budgeting – A systematic review and future research agenda," Research in International Business and Finance, Elsevier, vol. 60(C).
    18. Kent Baker, H. & Pandey, Nitesh & Kumar, Satish & Haldar, Arunima, 2020. "A bibliometric analysis of board diversity: Current status, development, and future research directions," Journal of Business Research, Elsevier, vol. 108(C), pages 232-246.
    19. Donthu, Naveen & Kumar, Satish & Mukherjee, Debmalya & Pandey, Nitesh & Lim, Weng Marc, 2021. "How to conduct a bibliometric analysis: An overview and guidelines," Journal of Business Research, Elsevier, vol. 133(C), pages 285-296.
    20. Pahrudin Pahrudin & Li-Wei Liu & Shao-Yu Li, 2022. "What Is the Role of Tourism Management and Marketing toward Sustainable Tourism? A Bibliometric Analysis Approach," Sustainability, MDPI, vol. 14(7), pages 1-18, April.
    21. Neelam Kaushal & Neeraj Kaushik & Brijesh Sivathanu, 2021. "Workplace ostracism in various organizations: a systematic review and bibliometric analysis," Management Review Quarterly, Springer, vol. 71(4), pages 783-818, October.
    22. Satish Kumar & Riya Sureka & Sisira Colombage, 2020. "Capital structure of SMEs: a systematic literature review and bibliometric analysis," Management Review Quarterly, Springer, vol. 70(4), pages 535-565, November.
    23. Hassan, M. Kabir & Alshater, Muneer M. & Atayah, Osama F., 2021. "Twenty-nine years of the Journal of International Review of Economics and Finance: A scientometric overview (1992–2020)," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 1106-1125.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marc Eulerich & Christian Lohmann & Stefanie Haustein & Dirk Tunger, 2014. "Die Entwicklung der betriebswirtschaftlichen Corporate Governance-Forschung im deutschsprachigen Raum — Eine State of the Art-Analyse auf der Basis bibliometrischer Daten," Schmalenbach Journal of Business Research, Springer, vol. 66(7), pages 567-600, November.
    2. An, Suwei, 2023. "Essays on incentive contracts, M&As, and firm risk," Other publications TiSEM dd97d2f5-1c9d-47c5-ba62-f, Tilburg University, School of Economics and Management.
    3. Martin Conyon & Annita Florou, 2002. "Top executive dismissal, ownership and corporate performance," Accounting and Business Research, Taylor & Francis Journals, vol. 32(4), pages 209-225.
    4. James, Hui & Benson, Bradley W. & Wu, Chen (Ken), 2017. "Does CEO ownership affect payout policy? Evidence from using CEO scaled wealth-performance sensitivity," The Quarterly Review of Economics and Finance, Elsevier, vol. 65(C), pages 328-345.
    5. Börsch-Supan, Axel & Köke, Jens, 2000. "An applied econometricians' view of empirical corporate governance studies," ZEW Discussion Papers 00-17, ZEW - Leibniz Centre for European Economic Research.
    6. Gregorio Sánchez‐Marín & María Encarnación Lucas‐Pérez & Samuel Baixauli‐Soler & Brian G.M. Main & Antonio Mínguez‐Vera, 2022. "Excess executive compensation and corporate governance in the United Kingdom and Spain: A comparative analysis," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(7), pages 2817-2837, October.
    7. Naeem Tabassum & Satwinder Singh, 2020. "Corporate Governance and Organisational Performance," Springer Books, Springer, number 978-3-030-48527-6, December.
    8. Chen, Ming-Yuan, 2014. "Determinants of corporate board structure in Taiwan," International Review of Economics & Finance, Elsevier, vol. 32(C), pages 62-78.
    9. He, Yan & Chiu, Yung-ho & Zhang, Bin, 2015. "The impact of corporate governance on state-owned and non-state-owned firms efficiency in China," The North American Journal of Economics and Finance, Elsevier, vol. 33(C), pages 252-277.
    10. Afzalur Rashid, 2015. "Revisiting Agency Theory: Evidence of Board Independence and Agency Cost from Bangladesh," Journal of Business Ethics, Springer, vol. 130(1), pages 181-198, August.
    11. Enalto de Oliveira Gondrige & Ademir Clemente & Márcia Maria dos Santos Bortolocci Espejo, 2012. "Composition of the board and firm value of brazilian public companies," Brazilian Business Review, Fucape Business School, vol. 9(3), pages 71-93, July.
    12. Ben Arfa, Nouha & Karmani, Majdi & Labaronne, Daniel, 2017. "Antecedents of hedge fund activism in French listed target firms," Research in International Business and Finance, Elsevier, vol. 42(C), pages 1315-1326.
    13. Chalevas, Constantinos G., 2011. "The Effect of the Mandatory Adoption of Corporate Governance Mechanisms on Executive Compensation," The International Journal of Accounting, Elsevier, vol. 46(2), pages 138-174, June.
    14. Satish Kumar & Riya Sureka & Sisira Colombage, 2020. "Capital structure of SMEs: a systematic literature review and bibliometric analysis," Management Review Quarterly, Springer, vol. 70(4), pages 535-565, November.
    15. Yuan, Rongli & Liu, Chao & Xiao, Jason Zezhong & Sun, Jian, 2018. "The determinants and effects of voluntary adoption of a cumulative voting system: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 51(C), pages 251-266.
    16. Christian Engelen, 2015. "The effects of managerial discretion on moral hazard related behaviour: German evidence on agency costs," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 19(4), pages 927-960, November.
    17. Shleifer, Andrei & Vishny, Robert W, 1997. "A Survey of Corporate Governance," Journal of Finance, American Finance Association, vol. 52(2), pages 737-783, June.
    18. Damian Ward & Igor Filatotchev, 2010. "Principal-principal-agency relationships and the role of external governance," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 31(4), pages 249-261.
    19. Tomas Jandik & Craig G. Rennie, 2008. "The Evolution of Corporate Governance and Firm Performance in Transition Economies: The Case of Sellier and Bellot in the Czech Republic," European Financial Management, European Financial Management Association, vol. 14(4), pages 747-791, September.
    20. Gérard Charreaux, 2004. "Michael Jensen-la théorie positive de l’agence et ses applications à l’architecture et à la gouvernance des organisations," Working Papers CREGO 1041203, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:scient:v:117:y:2018:i:3:d:10.1007_s11192-018-2919-z. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.