The IUP Journal of Corporate Governance
Corporate Governance in India: A Systematic Bibliometric Analysis with TCCM Framework

Article Details
Pub. Date : April, 2023
Product Name : The IUP Journal of Corporate Governance
Product Type : Article
Product Code : IJCG020423
Author Name : Kashish Sharma, Shridev Devji, Krishna Prasad and Arun Dsouza
Availability : YES
Subject/Domain : Management
Download Format : PDF Format
No. of Pages : 33



Since the 1990s, corporate governance in India has gained significant attention from practitioners, academicians, and policymakers due to various economic reforms, specifically liberalization. However, the field is heterogeneous and fragmented. Therefore, the study intends to review the literature on corporate governance in India comprehensively through a systematic literature review and bibliometric analysis. A systematic literature review helps to broaden and improve the rigor of reviewing the literature. Simultaneously, the bibliometric analysis aims to study and analyze divergent views and examine the growth trajectory and productivity of the field. This study will provide an integrated and comprehensive picture of corporate governance practices in the Indian context. The study lists the most significant keywords, prominent authors, evolution, and citations of the articles. Further, it analyzes the literature with reference to theory, context, characteristics, and methodology. The study also lists future research directions in the area of Indian corporate governance.


Since the second half of the 19th century, companies in most countries have been governed by the English Common Law framework of joint stock limited liability. Corporate Governance (CG), in its broadest sense, can be elucidated as the application of best managerial practices, complying with the law with complete integrity, adhering to ethical management practices, and fulfilling the social responsibilities to have an all-round and sustainable development of all the stakeholders (Das, 2018). In the Indian context, the emphasis was on CG by the regulator after economic liberalization in the 1990s (Saini and Singhania, 2018). Further, several scams and unethical practices in the Indian corporate sector fueled the need to enhance CG. For instance, the security scam of 1992 and the sudden upsurge in multinational organizations consolidating