Corporate governance in state-owned enterprises. A systematic literature review: an international perspective
| 13 dic 2021
Acerca de este artículo
Article Category: Research Article
Publicado en línea: 13 dic 2021
Páginas: 1 - 13
DOI: https://doi.org/10.2478/ijcm-2021-0011
Palabras clave
© 2021 Radosław Miążek, published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Figure 1
Figure 2
Figure 3
Figure 4
Figure 5
Figure 6
Figure 7
Ranking of research articles with the highest number of citations
| 1 | 723 | 2.600 | ||
| 2 | 456 | 2.294 | ||
| 3 | 437 | 4.141 | ||
| 4 | 416 | 1.035 | ||
| 5 | 404 | 4.141 | ||
| 6 | 392 | 1.860 | ||
| 7 | 369 | 4.888 | ||
| 8 | 347 | 1.579 | ||
| 9 | 332 | 8.413 | ||
| 10 | 275 | Chen, Q., Chen, X., Schipper, K., Xu, Y., & Xue, J. (2012). The sensitivity of corporate cash holdings to corporate governance | 4.649 |
Comparison of dominant research categories in research on corporate governance in state-owned enterprises from the point of view of geography
| 1 | Reform of corporate governance | Privatisation | The impact of corporate governance on business performance |
| 2 | The impact of state ownership on corporate governance | Good practices in corporate governance | Reform of corporate governance |
| 3 | The functioning of the board of directors | The impact of ownership structure on results | Privatisation |
| 4 | Privatisation | Reform of corporate governance | The impact of ownership structure on results |
| 5 | The impact of corporate governance on business performance | The functioning of the board and the board of directors | None |
Selected definitions of corporate governance
| 1 | Maximising wealth creation in a way that does not burden others or society as a whole with undue costs. | |
| 2 | A system of restrictions that determine the creation of added value by the corporation and its allocation between its stakeholders. | |
| 3 | A system through which companies are managed and controlled at the same time. | |
| 4 | Control and supervision over a corporation, exercised not only by the appropriate statutory organs of the company, but also by other groups interested in the firm or having an interest in its functioning. | |
| 5 | Corporate governance focuses on who controls the company, in whose interest it is managed, and on the way in which the control is conducted. | |
| 6 | Ways of resolving conflicts between different groups that influence the management of the company, shaping its strategies and its behaviour on capital markets, goods, and services markets, and the job market. | |
| 7 | A system in which organisations are run and controlled and which defines the distribution of rights and obligations between shareholders and managers, as well as the rules and procedures for decision making in corporate matters. In a broader sense, corporate governance also includes relations with other stakeholders, both internal (e.g., employees) and external (e.g., customers, suppliers). | |
| 8 | A set of principles that shape the behaviour of and exert pressure on managers to fulfil the promises given to stakeholders, in particular to shareholders. | |
| 9 | A system in which corporations are managed and regulated to increase shareholder value and meet the expectations of other stakeholders. | |
| 10 | A mechanism used to control and coordinate the behaviour of shareholders who work with management to effectively perform the company’s tasks. | |
| 11 | Concerns the relationship between the management and supervisory bodies of companies, their partners and shareholders, and other shareholders (entities with an interest in the company’s activities) and determines the structure through which the company’s objectives are set, the means of achieving these objectives, and the means of keeping track of the company’s performance. |