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A Systematic Literature Review on Corporate Governance in India

Anuj Aggarwal (VSBS, VIPS-TC, Delhi, India)
Sparsh Agarwal (VSBS, VIPS-TC, Delhi, India)
Vedant Jaiswal (VSBS, VIPS-TC, Delhi, India)
Poonam Sethi (Hindu College, University of Delhi, India)

Sustainable Development Goals: The Impact of Sustainability Measures on Wellbeing

ISBN: 978-1-83549-461-5, eISBN: 978-1-83549-460-8

Publication date: 20 May 2024


Introduction: Historically, the corporate governance (CG) framework was designed primarily to safeguard the economic interests of shareholders, as a result of political and legal interventions, developing into an effective instrument for stakeholders and society in general.

Purpose: The core objectives of the study include: identifying journals/publications responsible for publishing CG studies in India, key CG issues covered by CG researchers, the amount of high-impact CG literature across different time periods, sectors/industries covered by CG researchers and different research instruments (quantitative or qualitative) used in CG studies in India.

Design/methodology: The chapter used a sample of 130 corporate governance studies that fulfil the selection criteria, drawn from the repository of over 100 reputed journals that are either recognised by the Australian Business Deans Council (ABDC) or indexed by SCOPUS. A systematic literature review has been carried out pertaining to CG issues in India, based on various statistical tools, data, industries, research outlets & citations, etc.

Findings: The results show an overwhelming number of studies have assessed the relationship between CG variables and firm performance, which could be measured through a variety of performance metrics such as ROA and ROI. Apart from empirical analysis, many conceptual studies use repetitive basic statistical tools like descriptive statistics or regression analysis. The chapter offers insights into current achievements and future development.

Originality/value: This bibliometric study is a useful guide for policymakers, corporate leaders, research organisations and management faculty to draw insights from work produced by eminent researchers in GC in India.



Aggarwal, A., Agarwal, S., Jaiswal, V. and Sethi, P. (2024), "A Systematic Literature Review on Corporate Governance in India", Sharma, R., Bhardwaj, I., Grima, S., Sachdeva, T., Sood, K. and Özen, E. (Ed.) Sustainable Development Goals: The Impact of Sustainability Measures on Wellbeing (Contemporary Studies in Economic and Financial Analysis, Vol. 113B), Emerald Publishing Limited, Leeds, pp. 143-165.



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