Araştırma Makalesi

Corporate Governance and Financial Performance Under Environmental and Sustainability Challenges: A Bibliometric Analysis (2015-2025)

Cilt: 4 Sayı: 1 30 Haziran 2026
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Corporate Governance and Financial Performance Under Environmental and Sustainability Challenges: A Bibliometric Analysis (2015-2025)

Öz

Purpose – This research seeks to methodically chart or trace the development of scientific research regarding the linkage between corporate governance and financial performance in the background of environmental and sustainability issues from the year 2015 to 2025. It seeks to clarify how governance mechanisms have adapted to sustainability pressures and how these adaptations affect firms’ financial outcomes and long-term resilience. Design/data/methodology – In this scenario, a bibliometric research design will be used for this research as it will involve a data set of 609 peer-reviewed articles retrievable from the Scopus database. Scientists mapping methods such as co-citation analysis, co-author analysis, and co-word analysis have been employed to understand publishing trends in this field. Findings – Our findings show a strong and non-linear annual growth rate of 37.02%, with a sharp acceleration after 2019, reflecting the global turn toward sustainability-oriented governance. The geography of knowledge production is multipolar, and China has unmistakably emerged as a core node in the network of international research collaboration. Thematic evolution analysis offers clear signals of paradigmatic changes in conceptual perspectives: from fragmented to integrated approaches of governance ESG-aligned. Originality/value – This research provides a concise bibliometric synthesis of a rapidly expanding field, clarifying its intellectual and thematic evolution, and demonstrates that corporate governance has moved beyond a procedural role to become a key driver of financial value under environmental and sustainability challenges.

Anahtar Kelimeler

Kaynakça

  1. Aboud, A., & Diab, A. (2018). The impact of social, environmental and corporate governance disclosures on firm value: evidence from Egypt. Journal of Accounting in Emerging Economies, 8(4), 442–458. https://doi.org/10.1108/JAEE-08-2017-0079
  2. Adams, R. B., & Ferreira, D. (2009). Women in the boardroom and their impact on governance and performance. Journal of Financial Economics, 94(2), 291‑309. https://doi.org/10.1016/j.jfineco.2008.10.007
  3. Adu, D. A., Abedin, M. Z., Saa, V. Y., & Boateng, F. (2024). Bank sustainability, climate change initiatives and financial performance: the role of corporate governance. International Review of Financial Analysis, 95, 103438. https://doi.org/10.1016/j.irfa.2024.103438
  4. Alareeni, BA., & Hamdan, A. (2020). ESG impact on performance of US S&P 500-listed firms. Corporate Governance, 20(7), 1409–1428. https://doi.org/10.1108/CG-06-2020-0258
  5. Albuquerque, R. A., Koskinen, Y. J. and Zhang, C., (2018). Corporate social responsibility and firm risk: theory and empirical evidence (November 16, 2018). Forthcoming in Management Science, DOI/10.1287/mnsc.2018.3043, WBS Finance Group Research Paper No. 259, Available at SSRN: https://ssrn.com/abstract=3286367
  6. Amran, A., Lee, S. P., & Devi, S. S. (2014). The influence of governance structure and strategic corporate social responsibility toward sustainability reporting quality. Business Strategy and the Environment, 23(4), 217‑235. https://doi.org/10.1002/bse.1767
  7. Aouadi, A., & Marsat, S. (2018). Do ESG controversies matter for firm value? evidence from international data. Journal of Business Ethics, 151, 1027–1047. https://doi.org/10.1007/s10551-016-3213-8
  8. Arellano, M., & Bond, S. (1991). Some tests of specification for panel data: monte carlo evidence and an application to employment equations. The Review of Economic Studies, 58(2), 277‑297. https://doi.org/10.2307/2297968

Ayrıntılar

Birincil Dil

İngilizce

Konular

Sürdürülebilir Kalkınma, Çevre ve İklim Finansmanı

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

30 Haziran 2026

Gönderilme Tarihi

20 Ocak 2026

Kabul Tarihi

22 Haziran 2026

Yayımlandığı Sayı

Yıl 2026 Cilt: 4 Sayı: 1

Kaynak Göster

APA
Kouini, C., & Guettala, A. (2026). Corporate Governance and Financial Performance Under Environmental and Sustainability Challenges: A Bibliometric Analysis (2015-2025). Journal of Economics, Finance and Sustainability, 4(1), 63-95. https://doi.org/10.5281/zenodo.20962556
AMA
1.Kouini C, Guettala A. Corporate Governance and Financial Performance Under Environmental and Sustainability Challenges: A Bibliometric Analysis (2015-2025). EFS. 2026;4(1):63-95. doi:10.5281/zenodo.20962556
Chicago
Kouini, Chaoui, ve Aissa Guettala. 2026. “Corporate Governance and Financial Performance Under Environmental and Sustainability Challenges: A Bibliometric Analysis (2015-2025)”. Journal of Economics, Finance and Sustainability 4 (1): 63-95. https://doi.org/10.5281/zenodo.20962556.
EndNote
Kouini C, Guettala A (01 Haziran 2026) Corporate Governance and Financial Performance Under Environmental and Sustainability Challenges: A Bibliometric Analysis (2015-2025). Journal of Economics, Finance and Sustainability 4 1 63–95.
IEEE
[1]C. Kouini ve A. Guettala, “Corporate Governance and Financial Performance Under Environmental and Sustainability Challenges: A Bibliometric Analysis (2015-2025)”, EFS, c. 4, sy 1, ss. 63–95, Haz. 2026, doi: 10.5281/zenodo.20962556.
ISNAD
Kouini, Chaoui - Guettala, Aissa. “Corporate Governance and Financial Performance Under Environmental and Sustainability Challenges: A Bibliometric Analysis (2015-2025)”. Journal of Economics, Finance and Sustainability 4/1 (01 Haziran 2026): 63-95. https://doi.org/10.5281/zenodo.20962556.
JAMA
1.Kouini C, Guettala A. Corporate Governance and Financial Performance Under Environmental and Sustainability Challenges: A Bibliometric Analysis (2015-2025). EFS. 2026;4:63–95.
MLA
Kouini, Chaoui, ve Aissa Guettala. “Corporate Governance and Financial Performance Under Environmental and Sustainability Challenges: A Bibliometric Analysis (2015-2025)”. Journal of Economics, Finance and Sustainability, c. 4, sy 1, Haziran 2026, ss. 63-95, doi:10.5281/zenodo.20962556.
Vancouver
1.Chaoui Kouini, Aissa Guettala. Corporate Governance and Financial Performance Under Environmental and Sustainability Challenges: A Bibliometric Analysis (2015-2025). EFS. 01 Haziran 2026;4(1):63-95. doi:10.5281/zenodo.20962556

Journal of Economics, Finance and Sustainability
Recep Tayyip Erdoğan Üniversitesi Mezunlar Derneği
RİZE / TÜRKİYE