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Corporate governance in entrepreneurial firms: a systematic review and research agenda
Central University of Finance and Economics, Beijing, People’s Republic of China; Kogod School of Business, American University, Washington, DC, USA.
Kogod School of Business, American University, Washington, DC, USA; Norwegian School of Economics, Bergen, Norway.
Högskolan Kristianstad, Forskningsmiljön Auditing, Organisation and Society (AOS).ORCID iD: 0000-0002-8938-2150
2020 (English)In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 54, p. 43-74Article in journal (Refereed) Published
Abstract [en]

This systematic review covers the extant literature on corporate governance in entrepreneurial firms. Using a sample of 137 research papers published from pre-1990 through June 2018 in 60 journals, we categorize outlets, research methods (quantitative, qualitative, review, and non-empirical), theoretical perspectives, and research questions, highlighting key patterns. We then summarize the concepts under study in the sample literature, and the geographical sources and model specification ofquantitative empirical studies. The conclusion highlights the quite fragmented nature of the field and the substantial knowledge gaps, and then proposes an actionable agenda for future research in terms of theories, research questions, research settings, and research designs. In particular, we describe the need to explore how corporate governance mechanisms interact with one another and affect firm outcomes, by applying novel theoretical perspectives and methods that could provide a better understanding of entrepreneurial firms’ functioning.

Place, publisher, year, edition, pages
Springer, 2020. Vol. 54, p. 43-74
Keywords [en]
Corporate governance Entrepreneurial firms; Literature review; New venture boards; Research agenda
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-44799DOI: 10.1007/s11187-018-0118-1ISI: 000511921300003Scopus ID: 2-s2.0-85056460306Local ID: HOA;intsam;1329381OAI: oai:DiVA.org:hj-44799DiVA, id: diva2:1329381
Available from: 2019-06-24 Created: 2019-06-24 Last updated: 2025-10-13Bibliographically approved

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