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Topic · Accounting

Corporate Finance and Governance

Corporate Finance and Governance is a research topic within Accounting. Science Explorer counts 93k research works in it since 1950. 29.1% of them reached the world's top 10% most cited for their field and year.

This cluster of papers explores the relationship between corporate governance, investor protection, ownership structure, financial constraints, and their impact on firm performance, dividend policy, capital structure, board composition, and the role of institutional investors in mergers and acquisitions. It also investigates the influence of managerial traits, CEO characteristics, and the preferences of institutional investors on corporate financial policies.

  • Corporate Governance
  • Investor Protection
  • Ownership Structure
  • Financial Constraints
  • Firm Performance
  • Dividend Policy
  • Capital Structure
  • Board Composition
  • Institutional Investors
  • Mergers and Acquisitions
Research works
93k
fractional, since 1950
In the world top 10%
27k
per year above
Top-10% rate
29.1%
share of its works in the world top 10%
Growth, 2013–17 → 2018–22
+14%
the tick is no change

Which countries lead Corporate Finance and Governance research?

By volume, China and the United States publish the most (3.3k and 2.7k works in 2022–2025).

By volume, 2022–2025

  1. 1 China 3.3k works
  2. 2 United States 2.7k works
  3. 3 Indonesia 1.3k works
  4. 4 United Kingdom 881 works
  5. 5 India 837 works
  6. 6 Australia 473 works
  7. 7 Italy 415 works
  8. 8 Germany 412 works
  9. 9 Türkiye 373 works
  10. 10 France 319 works

How concentrated that is

The same countries as shares of everything the list above accounts for. A node where two countries do two thirds of the work and one spread evenly across twelve read alike as a ranking and not at all alike here.

China: 29.9%United States: 24.7%Indonesia: 11.4%United Kingdom: 8.1%6 others listed: 25.9%30%largest
China3,269 · 29.9%United States2,695 · 24.7%Indonesia1,250 · 11.4%United Kingdom881 · 8.1%6 others listed2,828 · 25.9%

Shares of the rows listed above, not of the whole node.

Which institutions lead Corporate Finance and Governance research?

By volume in 2022–2025, Southwestern University of Finance and Economics publishes the most Corporate Finance and Governance research, followed by Renmin University of China and Central University of Finance and Economics.

By volume, 2022–2025

  1. 1 Southwestern University of Finance and Economics China 83 works
  2. 2 Renmin University of China China 72 works
  3. 3 Central University of Finance and Economics China 70 works
  4. 4 Zhongnan University of Economics and Law China 65 works
  5. 5 Xiamen University China 64 works
  6. 6 Shanghai University of Finance and Economics China 59 works
  7. 7 Xi'an Jiaotong University China 58 works
  8. 8 University of International Business and Economics China 52 works
  9. 9 Tarumanagara University Indonesia 49 works
  10. 10 Peking University China 48 works

Who are the leading researchers in Corporate Finance and Governance?

The most-cited researchers publishing on Corporate Finance and Governance include Karen Simonyan, Eugene F. Fama and Andrei Shleifer.

  1. 1 Karen Simonyan 23k citations
  2. 2 Eugene F. Fama 12k citations
  3. 3 Andrei Shleifer 10k citations
  4. 4 Jay B. Barney 10k citations
  5. 5 Michael C. Jensen 8.2k citations
  6. 6 Oliver E. Williamson 6.6k citations
  7. 7 Richard H. Thaler 5.9k citations
  8. 8 Stephen A. Ross 5.1k citations
  9. 9 Oliver Hart 5k citations
  10. 10 Rajiv D. Banker 4.6k citations

Ranked by citations received across their whole record, among researchers with at least three works on this topic.

Where is Corporate Finance and Governance research done?

The largest centres of Corporate Finance and Governance research in 2022–2025 are Beijing (China), Shanghai (China), Jakarta (Indonesia) and London (United Kingdom). Among places with at least 20 works in it, it is an unusually large share of all research in Kaduna.

Largest cities, 2022–2025

  1. 1 Beijing China 605 works
  2. 2 Shanghai China 304 works
  3. 3 Jakarta Indonesia 247 works
  4. 4 London United Kingdom 226 works
  5. 5 Wuhan China 195 works
  6. 6 Guangzhou China 190 works
  7. 7 Chengdu China 184 works
  8. 8 Seoul South Korea 183 works
  9. 9 Nanjing China 163 works
  10. 10 Hong Kong China 160 works

Where it is the local speciality

  1. KadunaNG · 38.8 works22×
← less than its size predictsmore →

Location quotient: how much more of its research is in Corporate Finance and Governance than the world average.

See Corporate Finance and Governance on the map

Where is the best place to study Corporate Finance and Governance?

Among universities, judged by research, Excelia Business School, University of Economics Ho Chi Minh City and Southwestern University of Finance and Economics score highest, combining excellence, specialisation, size, growth and international reach. Research strength is one signal when choosing where to study; it does not measure teaching.

0%50%100%mean 46.7%fractional works in this node (log) →share in the world top 10% →Excelia Business School: 10, 72.6%University of Economics Ho Chi Minh City: 27, 50.4%Southwestern University of Finance and Economics: 83, 37.4%Central University of Finance and Economics: 70, 41.5%Zhongnan University of Economics and Law: 65, 49.0%Massey University: 32, 49.9%University of Business and Technology: 21, 44.8%University of International Business and Economics: 52, 45.2%Renmin University of China: 72, 41.7%Northern University of Malaysia: 29, 34.5%Excelia Business Sch…University of Econom…Central University o…Southwestern Univers…
above the meannear itbelow it

One dot per university in the table below. The upper left is the interesting corner: small places doing unusually strong work.

#UniversityScoreTop 10%SpecialisationWorksGrowth
1Excelia Business School France 74.872.6%41.4×10 +198.2%
2University of Economics Ho Chi Minh City Vietnam 68.550.4%20.7×27 +158.3%
3Southwestern University of Finance and Economics China 68.437.4%34.7×83 +68.6%
4Central University of Finance and Economics China 64.241.5%36.7×70 +8.2%
5Zhongnan University of Economics and Law China 64.149.0%38.6×65 -32.9%
6Massey University New Zealand 63.449.9%10.8×32 +30.0%
7University of Business and Technology Saudi Arabia 62.944.8%13.5×21 +58.0%
8University of International Business and Economics China 62.845.2%32.6×52 -2.3%
9Renmin University of China China 62.641.7%13.2×72 -29.6%
10Northern University of Malaysia Malaysia 61.834.5%9.8×29 +138.7%

Universities only. Score blends excellence (30%), specialisation (25%), size (20%), growth (15%) and international reach (10%), 2015–2022; growth compares 2010–14 with 2015–19.

Is Corporate Finance and Governance research growing?

Output in 2018–2022 was 14% higher than in 2013–2017, peaking in 2023. The fastest-growing topics are Corporate Finance and Governance.

19801990200020102020
grewheldshrank

The same series as a ribbon — one cell per year, darker for more. The line above answers how much; this answers when.

Which topics inside it are moving

Growth and decline on one axis around a shared zero. Two lists side by side hide the thing that matters: whether the growth dwarfs the decline, or the other way round.