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Corporate Insolvency and Governance

Corporate Insolvency and Governance is a research topic within Accounting. Science Explorer counts 13k research works in it since 1950. 10.3% of them reached the world's top 10% most cited for their field and year.

This cluster of papers focuses on the global landscape of bankruptcy law, financial distress, and corporate governance. It explores topics such as debt enforcement, turnaround strategies, creditor protection, insolvency proceedings, and cross-border insolvency. The research delves into the implications of Chapter 11 bankruptcy, debtor-in-possession financing, and the legal and economic dimensions of financial distress.

  • Bankruptcy Law
  • Financial Distress
  • Corporate Governance
  • Debt Enforcement
  • Turnaround Strategies
  • Chapter 11
  • Creditor Protection
  • Insolvency Proceedings
  • Debtor-in-possession Financing
  • Cross-border Insolvency
Research works
13k
fractional, since 1950
In the world top 10%
1.3k
per year above
Top-10% rate
10.3%
share of its works in the world top 10%
Growth, 2018-21 → 2022-25
+4%
the tick is no change
Largest producer
United States
24% of the 10 largest, 2022-now
Corporate Insolvency and Governance

Which countries lead Corporate Insolvency and Governance research?

By volume, the United States and China publish the most (332 and 233 works in 2022-now).

By volume, 2022-now

  1. 1 United States 332 works
  2. 2 China 233 works
  3. 3 Indonesia 171 works
  4. 4 India 149 works
  5. 5 United Kingdom 146 works
  6. 6 France 96 works
  7. 7 Germany 88 works
  8. 8 Russia 70 works
  9. 9 Spain 56 works
  10. 10 South Africa 55 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.

United States: 23.7%China: 16.7%Indonesia: 12.2%India: 10.7%6 others listed: 36.7%24%largest
United States332 · 23.7%China233 · 16.7%Indonesia171 · 12.2%India149 · 10.7%6 others listed512 · 36.7%

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

Which institutions lead Corporate Insolvency and Governance research?

By volume in 2022-now, Centre National de la Recherche Scientifique publishes the most Corporate Insolvency and Governance research, followed by Kutafin Moscow State Law University and Amity University.

By volume, 2022-now

  1. 1 Centre National de la Recherche ScientifiqueFrance 16 works
  2. 2 Kutafin Moscow State Law UniversityRussia 12 works
  3. 3 Amity UniversityIndia 12 works
  4. 4 European Corporate Governance InstituteBelgium 11 works
  5. 5 Singapore Management UniversitySingapore 10 works
  6. 6 Université Lille Nord de FranceFrance 10 works
  7. 7 University of MichiganUnited States 10 works
  8. 8 Université de Caen NormandieFrance 10 works
  9. 9 Anhui University of Finance and EconomicsChina 9 works
  10. 10 University of South AfricaSouth Africa 9 works

Who are the leading researchers in Corporate Insolvency and Governance?

The most-cited researchers publishing on Corporate Insolvency and Governance include Andrei Shleifer, Michael C. Jensen and David F. Larcker.

  1. 1 Andrei Shleifer United States 234k citations
  2. 2 Michael C. Jensen United States 203k citations
  3. 3 David F. Larcker United States 197k citations
  4. 4 David Alan Bennett United States 190k citations
  5. 5 Michael D Brauer Canada 187k citations
  6. 6 Joseph E. Stiglitz United States 167k citations
  7. 7 Robert W. Vishny United States 137k citations
  8. 8 Oliver E. Williamson United States 113k citations

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

What are the most cited papers in Corporate Insolvency and Governance?

The most cited paper in Corporate Insolvency and Governance is "Law and Finance" (Rafael La Porta, Florencio López‐de‐Silanes, Andrei Shleifer et al., 1998), with 18,396 citations. Next come "Enjoying the Quiet Life? Corporate Governance and Managerial Preferences" (4,001) and "Stewardship Theory or Agency Theory: CEO Governance and Shareholder Returns" (3,570).

Most cited papers
#PaperReleasedCitations
1 Law and Finance Rafael La Porta, Florencio López‐de‐Silanes, Andrei Shleifer et al. · Journal of Political Economy Dec 1998 18,396
2 Enjoying the Quiet Life? Corporate Governance and Managerial Preferences Marianne Bertrand, Sendhil Mullainathan · Journal of Political Economy 23 Sep 2003 4,001
3 Stewardship Theory or Agency Theory: CEO Governance and Shareholder Returns Lex Donaldson, James H. Davis · Australian Journal of Management Jun 1991 3,570
4 The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey Renée B. Adams, Benjamin E. Hermalin, Michael S. Weisbach · Journal of Economic Literature Mar 2010 2,451
5 A Survey of Corporate Governance Andrei Shleifer, Robert W. Vishny · The Journal of Finance Jun 1997 2,281
All 96 most cited papers, with filters and sorting

Where is Corporate Insolvency and Governance research done?

The largest centres of Corporate Insolvency and Governance research in 2022-now are Beijing (China), Moscow (Russia), Jakarta (Indonesia) and London (United Kingdom).

Largest cities, 2022-now

  1. 1 BeijingChina 49 works
  2. 2 MoscowRussia 47 works
  3. 3 JakartaIndonesia 39 works
  4. 4 LondonUnited Kingdom 39 works
  5. 5 New YorkUnited States 27 works
  6. 6 ParisFrance 23 works
  7. 7 MadridSpain 22 works
  8. 8 SingaporeSingapore 22 works
  9. 9 PretoriaSouth Africa 18 works
  10. 10 Washington D.C.United States 17 works
See Corporate Insolvency and Governance on the map

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

Among universities, judged by research, Singapore Management University, Amity University and University of Edinburgh score highest, combining citation excellence, specialisation, size, growth and international reach. Research strength is one signal when choosing where to study; it does not measure teaching.

0%10%20%mean 8.42%fractional works in this field (log) →share of work in the world top 10% →University of Edinbu…Singapore Management…University of MichiganAmity University
above the meannear itbelow it

One dot per university in the first ten of the table below, at the default weights. The upper left is the interesting corner: small places doing unusually strong work.

Citation excellenceshare of its work in the world top 10%, 2022-now and all time averaged
40%
Specialisationhow much of its work is in this field, counted up to 10× the world share
10%
Sizeits output in this field, on a log scale
30%
Growthoutput growth, counted from -20% to +20%
10%
Internationalshare of its work with a co-author abroad
10%
Each slider sets a weight; the share it gets of the score is beside it.
#UniversityScoreTop 10%SpecialisationWorksGrowth
1Singapore Management UniversitySingapore 75.518.7%51.4×10 -35.5%
2Amity UniversityIndia 63.96.5%14.4×12 +300.0%
3University of EdinburghUnited Kingdom 63.921.9%5.1×9 +166.4%
4University of MichiganUnited States 57.512.8%3.5×10 +53.7%
5Royal Holloway University of LondonUnited Kingdom 56.410.4%37.1×8 +458.9%
6Kutafin Moscow State Law UniversityRussia 52.91.5%71.6×12 +125.0%
7Université Lille Nord de FranceFrance 43.20.4%13.1×10 +136.2%
8City University of Hong KongChina 38.87.2%7.7×8 -15.1%
9Université de Caen NormandieFrance 36.50.0%29.8×10 +553.7%
10University of South AfricaSouth Africa 31.84.8%11.1×9 -35.3%

Universities only. The score blends citation excellence (40%), size (30%), specialisation (10%), growth (10%), international reach (10%), 2022-now; growth compares 2018-21 with 2022-25 and counts up to +20%, since a jump from a small base is mostly noise.

Every institution in Corporate Insolvency and Governance, country by country

Is Corporate Insolvency and Governance research growing?

Output in 2022-2025 was 4% higher than in 2018-2021, peaking in 2025. The fastest-growing topics are Corporate Insolvency and Governance.

still counting19801990200020102020
grewheldshrank

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

Its share of all research

Growing output can still be a shrinking share: all of science grows. This is Corporate Insolvency and Governance as a percentage of every work published that year, 0.0085% in 2024.

still counting0.010%0.020%0.030%Corporate Insolvency and Governance0.011% in 202519801990200020102020

Fractional works of Corporate Insolvency and Governance over all fractional works that year. How the balance of science has shifted.

How much of it reaches the world top 10%

Year by year.

still counting5%10%15%Corporate Insolvency and Governance10.7% in 2025200020102020

Of each year's works in it, the share that reached the world's 10% most cited for their field and year. A field is the world for its own topics, so there is no other line to hold it against.

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.

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