Bojan, And eea Madalina; Lungu, Camelia Iuliana; Ca aiani, Chi a a
A icle
Mapping he Resea ch on Co po a e Go e nance in
Sensi i e Indus ies
Jou nal o Accoun ing and Managemen In o ma ion Sys ems (JAMIS)
P o ided in Coope a ion wi h:
The Bucha es Uni e si y o Economic S udies
Sugges ed Ci a ion: Bojan, And eea Madalina; Lungu, Camelia Iuliana; Ca aiani, Chi a a (2024) :
Mapping he Resea ch on Co po a e Go e nance in Sensi i e Indus ies, Jou nal o Accoun ing
and Managemen In o ma ion Sys ems (JAMIS), ISSN 2559-6004, Bucha es Uni e si y o Economic
S udies, Bucha es , Vol. 23, Iss. 2, pp. 412-445,
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Accoun ing and Managemen In o ma ion Sys ems
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Mapping he esea ch on co po a e go e nance
in sensi i e indus ies
And eea Madalina Bojana,1, Camelia Iuliana Lungua and
Chi a a Ca aiania
a Bucha es Uni e si y o Economic S udies, Romania
Abs ac
Resea ch Ques ion: Which a e he ends and he impac in he esea ch a ea co e ing
co po a e go e nance in sensi i e indus ies?
Mo i a ion: The esea ch enhances p io li e a u e on co po a e go e nance unde speci ic
isk, unce ain y and socio-economic condi ions. The e e enced opics and ime ame
highligh he ocus on sensi i e indus ies as a challenge, conside ing he mixed e ec s o
c ises condi ions.
Idea: This pape c ea es a comp ehensi e o e iew on he co po a e go e nance in sensi i e
indus ies esea ch landscape, conside ed unde uni e salis , social cons uc i is , and
p esen a ion pe spec i es.
Da a: In o ma ion on publica ion end, pape s’ main cha ac e is ics, academic collabo a ion,
and ac o s wi h signi ican in luence on imes ci ed a e collec ed o a sample o 926
scien i ic publica ions om he Web o Science da abase.
Tools: The ne wo k isualiza ion o co-au ho ship and co-occu ence o keywo ds is based
on using VOS iewe so wa e, while s a is ical and econome ic analysis o he da abase is
pe o med using SPSS S a is ics V.23.
Findings: The esul s emphasize ha mos o he pape s a e published in leading jou nals,
while 2022 is he yea ha s ands ou wi h he highes numbe o publica ions. F om he
pe spec i e o he business ield, he esea ch ocus is on Banking, Ene gy, Logis ic,
Pha maceu ical, and Tou ism indus ies. Muchmo e, s a is ical analysis demons a es ha
he e is a signi ican di e ence be ween he ypes o publica ions. Reg ession analysis shows
ha imes ci ed a e posi i ely and s a is ically signi ican co ela ed wi h ci ed e e ence
coun and a icle age.
Con ibu ion: This s udy may be o g ea in e es o academic and business en i onmen s. I
summa izes in o ma ion o a speci ic opic, whose e olu ion manage s and p ac i ione s a e
1 Co esponding au ho : Doc o al School o Accoun ing, Bucha es Uni e si y o Economic
S udies; 6, Pia a Romana, Bucha es , Romania; Email: bojanand eea17@s ud.ase. o
Mapping he esea ch on co po a e go e nance in sensi i e indus ies
Vol. 23, No. 2 413
in e es ed in. Fu he mo e, i ills he gap in examining he esea ch impac based on se e al
cha ac e is ics ha exe an in luence on imes ci ed, con ibu ing o he body o knowledge
ega ding he classi ica ion o esea ch ea u es unde he uni e salis , social cons uc i is ,
and p esen a ion pe spec i es.
Keywo ds: co po a e go e nance, sensi i e indus ies, ne wo k analysis, eg ession
analysis
JEL codes: M41, G34
1. In oduc ion
The dynamics o he mac oeconomic en i onmen and he mul i ude o socio-
poli ical, demog aphic, and cul u al ans o ma ions de e mine, a a global le el, he
need o inc eased adap abili y o he business en i onmen . Among he decisions
adop ed by he companies, consolida ion and applica ion o co po a e go e nance
p inciples a e conside ed bene icial o he de elopmen o long- e m business plans
and s a egies. Mo eo e , esea che s ocus on co po a e go e nance as an in eg a ed
pa in sus ainabili y de elopmen backg ound. Pa icula ly, hey d aw a en ion o
en i onmen al sus ainabili y, as a signi ican challenge o he business en i onmen .
Acco ding o exis ing s udies in he li e a u e, whe he co po a e go e nance is
adap ed o he speci ics o he ac i i y and he geog aphical egions whe e he
companies a e loca ed, hen alue c ea ion inc eases (Almashhadani &
Almashhadani, 2022; Enciso-Al a o & Ga cía-Sánchez, 2022).
To c ea e a comp ehensi e o e iew o he esea ch landscape on co po a e
go e nance, a concise synopsis o he concep s is necessa y o be p esen ed.
Wicaksono e al. (2019) and Cons an inescu e al. (2021) d aw a en ion o in es o s’
g owing in e es s owa ds he in e ac ion be ween inancial and non- inancial da a
in company’s epo s. En i onmen al, social and go e nance ac o s disclosu e
suppo he p esen a ion o non- inancial da a, hei aim being o p opose long- e m
e olu iona y pe spec i es. Hence, co po a e go e nance e e s o he gua an ee o
he p o ide s o inancing sou ces ha he in es men s made a e p o i able.
Fu he mo e, he in e dependencies be ween he sha eholding s uc u e and he
managemen a e cha ac e ized by a se o common pu poses. In his speci ic
ci cums ance, he adop ion o go e nance leads o he educ ion o agency cos s.
The main pu pose o his s udy is o examine a i een-yea e idence o esea ch on
co po a e go e nance in sensi i e indus ies, o imp o e unde s anding o
publica ions’ dynamics, academic in e es in speci ic business sec o s, key
cha ac e is ics o pape s, scien i ic collabo a ion, and ac o s associa ed wi h
esea ch impac . Resea ch me hodology, based on s udies conduc ed by Ca aiani e
Accoun ing and Managemen In o ma ion Sys ems
414 Vol. 23, No. 2
al. (2018), Bake e al. (2020), Lungu e al. (2020), Bake e al. (2022), Senadhee a
e al. (2022), Cumming e al. (2023), Wahyuning um e al. (2023), Zou e al. (2023),
and Legend e e al. (2024) combine bibliome ic analysis and eg ession analysis.
Desc ip i e s a is ics allow o iden i y he cha ac e is ics o he s udies, while
ne wo k analysis echniques p o ide an o e iew o collabo a ion be ween au ho s
and uni e si ies, as well as he mos add essed hemes based on au ho s’ keywo ds.
Addi ionally, econome ic analysis sheds a new ligh on bibliog aphic cha ac e is ics
and hei in luence exe ed on imes ci ed. Bibliog aphic da a a e examined as
a iables co e ing, a icle age, numbe o pages, ci ed e e ences, special issue
ca ego y and he equency o a icles’ access. To al numbe o ci a ions is measu ed
h ough wo indica o s. On he one hand, he numbe o imes ci ed in Web o
Science Co e collec ion is aken in o conside a ion as he i s independen a iable.
On he o he hand, o obus ness check and esea ch alida ion he eg ession
analysis is ex ended wi h an addi ional econome ic model o he numbe o imes
ci ed in all scien i ic da abases.
This s udy is mo i a ed by p e ious li e a u e showing ha esea ch on co po a e
go e nance unde he in luence o isk and unce ain y socio-economic condi ions
and in speci ic indus ies is a ecu en opic. Some indus ies a e conside ed
sensi i e due o he hu dles hey ace in social and economic imbalances. The ange
o esea ch in e es s is b oad, including ocus on companies ha ca y ou ac i i ies
in Heal hca e (Dal Mas e al., 2023), Financial (Galle a e al., 2022) and Hospi ali y
(Guille & Ma ila, 2010; Cla k e al., 2021) indus ies. Muchmo e, Qi e al. (2023)
s udy he Banking indus y conside ing global inancial c isis e ec s. They s a e ha
he opic o inancial business ield is di e se and pe ains o nume ous oles, bo h
wi hin and ou side he bank. Ayadi e al. (2019) s udy co po a e go e nance
mechanisms and he inancial c isis, while Abdoush e al. (2022) app oach he
co po a e go e nance opic, bo h in inancial c isis and non-c isis imes.
Mo eo e , au ho s conside he impac o COVID-19 pandemic c isis condi ions and
hei wo ldwide epe cussions on socioeconomic landscape. Analysing he heal h
c isis pe iod may be jus i ied by p e ious s udies ha add ess he co po a e
go e nance opic unde he COVID-19 pandemic, app oaching di e en scien i ic
me hodologies. Fo example, Hoang e al. (2022) ind ha he nega i e e ec s o he
pandemic c isis a e educed in s a ups i companies ha e la ge boa ds o di ec o s
and he condi ion ela ed o CEO duali y is ul illed. Alshhada and Al-Hajaya (2023)
d aw a en ion o c ea ing a new amewo k o co po a e go e nance, adap ed o
changing ci cums ances caused by COVID-19 in he business wo ld. Using
in e iew as he main esea ch me hod, au ho s iden i y se e al c ucial pilla s, such
as lexibili y, isk managemen , IT in as uc u e, in e nal con ol, and policies o
suppo co po a e go e nance.
O he esea che s ocus on sensi i e indus ies add essing co po a e social
esponsibili y (CSR), o en i onmen al, social, and go e nance dimensions (ESG),
Mapping he esea ch on co po a e go e nance in sensi i e indus ies
Vol. 23, No. 2 415
as connec ed wi h co po a e go e nance. Bena ides-Velasco e al. (2014) s udy he
hospi ali y indus y, and he main indings highligh ha he le el o co po a e social
esponsibili y implemen a ion posi i ely in luences pe o mance ela ed o clien s,
employees, and socie y. Iye and Ja is (2019) p o ide a esea ch e iew o CSR in
he hospi ali y indus y, while Kuzey e al. (2021) explo e he co ela ion be ween
CSR and pe o mance in heal hca e, inancial and ou ism business ields. Ding e
al. (2021) explo e he co ela ion be ween s ock e u ns and co po a e cha ac e is ics
in he con ex o COVID-19 and ind ha co po a e social esponsibili y ac i i ies
ca ied ou be o e he pandemic c isis exe a posi i e in luence on s ock p ices.
The mo i a ion o his esea ch is a ibu ed o speci ic combina ion o scien i ic
me hods used in p io li e a u e and conside ed ele an in examining he esea ch
a ea. Fo example, Xu e al. (2021) pe o m a bibliome ic analysis on c isis
li e a u e and en ep eneu ship, while Lagasio and Cuca i (2019) use me a-analy ical
e iew as he main esea ch me hod in s udying co po a e go e nance,
complemen ed wi h social and en i onmen al disclosu e. Bilal e al. (2023) app oach
co po a e go e nance opic ela ed o en i onmen al disclosu e, wi h he aim o
discussing signi ican ace s o scien i ic li e a u e.
Resul s a e conside ed in he con ex o p e ious esea ch and hei impac is alued
h oughou he publica ion and ci a ion end, key cha ac e is ics, and academic
collabo a ion. Con ibu ion o his s udy is ensu ed by he ime ame (2008-2022)
and by he speci ic business en i onmen , ep esen ed h ough he analysis o
sensi i e indus ies. The compa a i e app oach is acili a ed based on c isis and non-
c isis e e ence pe iods, and on a ious indus ies included. This may add o he
iden i ica ion o niches o u u e esea ch, wi h impo an implica ions o scien i ic
and business ac i i ies.
The es o he pape is o ganized as ollows. Sec ion 2 co e s an o e iew o he
exis ing li e a u e on co po a e go e nance in sensi i e indus ies and de elops he
esea ch ques ions. Sec ion 3 highligh s he esea ch me hodology, desc ibing da a
collec ion and da a p ocessing. The esul s a e discussed in Sec ion 4, while Sec ion
5 concludes wi h a summa y o he indings, limi a ions, and pe spec i es o u u e
esea ch.
2. Li e a u e e iew and esea ch ques ions
Acco ding o Rezaee (2004), co po a e go e nance ep esen s he main con ol and
managemen mechanism o companies, which delinea es he powe sha ing be ween
co po a e execu i es and in es o s, ensu ing ha hey ha e s ong business
ela ionships. Co po a e go e nance gua an ees a p ecise se ing o business
objec i es, ensu ing ha all esou ces a e used e icien ly o ul il es ablished
pu poses, pe manen moni o ing o ac i i ies, and quan i y he pe o mance
Accoun ing and Managemen In o ma ion Sys ems
416 Vol. 23, No. 2
ob ained. The alue c ea ion p ocess o s akeholde s is based on a high-quali y
co po a e go e nance sys em. Gachie and Go ende (2017) and Wahyuning um e
al. (2023) suppo hese s a emen s, iden i ying a se ies o bene i s o good co po a e
go e nance, o which managemen quali y, ma ke ad an age, cos educ ion,
economic inno a ion. Mo eo e , sus ainable de elopmen , app op ia e business
ope a ions, and he accomplishmen o co po a e goals may also be men ioned.
Co po a e go e nance ep esen s a ield in ensi ely deba ed in he li e a u e, bo h
om i s e olu ion poin o iew and om he in luences exe ed in di e en business
a eas, wi h implica ions o inancial and non- inancial epo ing. Wahyuning um e
al. (2023) sugges ha weak co po a e go e nance p ac ices may lead o ins i u ions’
ulne abili y, whose main consequences a e c i ical c ises and co po a e ailu es.
Likewise, Solomon (2020) emphasizes co po a e go e nance ailu es unde he
condi ions o he c edi c unch and he global inancial c isis. The well-known
inancial scandals, such as En on and Pa mala demons a e he weaknesses o
co po a e go e nance, simul aneously highligh ing he need o consolida ed
egula o y policies and p ac ices codes.
Mo eo e , esea che s a e in e es ed in co po a e go e nance connec ed wi h he
majo changes in socio-economic con ex , ela ed o en i onmen al o social
dimensions. Fo example, S i as a a (2015) s udied co po a e go e nance du ing he
inancial c isis, and he esul s demons a e ha cha ac e is ics such as CEO duali y
and a io o inside di ec o s signi ican ly in luence inancial pe o mance. Likewise,
Villanue a-Villa e al. (2016) s udied co po a e go e nance co ela ed wi h alue
c ea ion unde economic c isis condi ions and ound ha boa d size and boa d
independence a e he signi ican a iables. Using a s uc u ed li e a u e e iew,
Kou oupis e al. (2021) highligh ed ha de eloped coun ies dis inguish h ough
esea ch on co po a e go e nance in he pandemic c isis pe iod. Naeem e al. (2022)
s udied he COVID-19 pe iod and ound ha gende di e si y signi ican ly
in luences he ela ionship be ween co po a e go e nance a ibu es and co po a e
sus ainable pe o mance.
Resea ch on sensi i e indus ies, such as Oil and Gas Ex ac ion, Ene gy,
T anspo a ion and Wa ehousing, Heal h Ca e and Social Assis ance, Cons uc ion,
o Manu ac u ing we e widely add essed along he ime, as consequences o
p essu es igge ed by law and egula ions (Mon es-Sancho e al., 2022). Mo eo e ,
Ga cia e al. (2017) accen ua es he idea ha sensi i e indus ies a e cons an ly unde
social and poli ical p essu e. They conside ha sensi i e indus ies a e ep esen ed
by hose which a e p one o p oduce signi ican damages on en i onmen al and
social dimensions and ha e a highe isk o occu ing. Recen ly, Chemical and
Pha maceu ical ields a e conside ed sensi i e indus ies (Yang & Yulian o, 2022)
especially in he con ex o pandemic c isis. In ligh o p e ious esea ch, i may be
conside ed ha sensi i e indus ies a e bo h hose ha signi ican ly in luence he
en i onmen and hose whose sensi i i y is de e mined by c isis condi ions.
Mapping he esea ch on co po a e go e nance in sensi i e indus ies
Vol. 23, No. 2 417
Co po a e go e nance in sensi i e indus ies is a long-discussed opic in li e a u e.
One o he indus ies ha ep esen s a challenge o esea che s, gi en he as se o
no ms ha egula e co po a e go e nance, is he Banking indus y. Qi e al. (2023)
ocus on bank isk li e a u e, hei indings demons a ing he inc easing in e es
among academics in bank isk esea ch pa icula ly as a esponse o he global
inancial c isis. Fu he mo e, au ho s emphasize ha among he main opics
app oached in he ela ionship wi h bank isk a e coun ed in e ela ions wi h
co po a e go e nance. Likewise, Galle a e al. (2022) ocus on esea ch e olu ion
in he Banking indus y, analyzing he en i onmen al, social, and go e nance (ESG)
pe o mance. The main indings consis in a comple e e alua ion o esea ch ends,
as well as he in ellec ual g ow h, ci a ions, keywo ds, and au ho s’ a ilia ions
analysis, oge he wi h scien i ic collabo a ion. Khan e al. (2022) app oaches he
e iew o he bibliome ic pape s ela ed o he inancial indus y. They ound ha
esea ch ocused on speci ic co e subjec s such as co po a e go e nance, oge he
wi h ma ke dynamics and beha io al inance. Bha ia and Gula i (2021) pu sue in
hei esea ch he assessmen o how boa d go e nance in luences bank pe o mance.
Thei esul s emphasize ha bank pe o mance is posi i ely in luenced by boa ds
wi h gende di e si y and a high a io o ou side and non-execu i e di ec o s.
Fu he mo e, Ma uszak e al. (2019) s udied he Banking indus y om he
pe spec i e o co po a e go e nance in luences, and ound ha boa d cha ac e is ics,
such as size, emale leade ship, o o eign membe s exe ed a signi ican in luence
on CSR disclosu e.
Diniz e al. (2024) use bibliome ic echniques o s udy he Ma i ime indus y and
po sec o in he ligh o sus ainable de elopmen goals. Po ope a ions a e closely
ela ed o he ma i ime sec o , which is a pilla o wo ld economic g ow h and
de elopmen and p o ides essen ial in as uc u e o economic expansion. These
business ields may be associa ed wi h he T anspo a ion indus y, because o hei
implica ions in in e na ional ade. Fu he mo e, he Ma i ime indus y, as an
in eg a ed componen o T anspo a ion indus y, is o esea ch in e es o And eou
e al. (2014), which examined co po a e go e nance co ela ed wi h inancial
decisions adop ed by he managemen , and wi h i m pe o mance. Re ospec i e
analysis o he esul s e eals ha i m pe o mance may depend on co po a e
go e nance, h ough boa d size, CEO duali y, and co po a e go e nance commi ees.
Milanesi e al. (2020) used sys ema ic li e a u e e iew o examine sus ainable
epo ing in Pha maceu ical indus y, while he Ene gy indus y is s udied by
Cons an inescu e al. (2021), who ocus on co po a e go e nance as an in eg a ed
pa o ESG ac o s.
Kuo e al. (2021) app oached he opic o CSR, s udying i s in luence on Ai line
indus y companies. Thei indings sugges ha i ESG pe o mance is conside ed
one o he measu es o CSR, his ac con ibu es o he posi i e in luence exe ed on
Accoun ing and Managemen In o ma ion Sys ems
418 Vol. 23, No. 2
sho - e m key pe o mance indica o s. These sho - e m in luences may p o ide
long- e m pe spec i es o managemen .
Fu he mo e, scien i ic li e a u e add esses he co po a e go e nance opic in
Hospi ali y and Tou ism indus ies. Fo example, Legend e e al. (2024) examine
co po a e go e nance, en i onmen al and social ac o s, wi h insigh s in o
Hospi ali y and Tou ism indus ies. Mo eo e , Jain e al. (2023) pe o m a
comp ehensi e analysis o p e ious s udies on luxu y hospi ali y and o e s some
signi ican new insigh s. They p esen he in ellec ual amewo k conduc ing a
quan i a i e analysis, main indings c ea ing an o e iew on hospi ali y esea ch.
Acco ding o he esul s, he esea ch end is ascending, he Uni ed S a es and China
being iden i ied as he mos p oduc i e coun ies in e ms o publica ions. Uya e
al. (2020) pay a en ion o co po a e go e nance as an in eg a ed pa o co po a e
social esponsibili y in he Hospi ali y and Tou ism indus y. They ound ha CSR
commi ees in luence s akeholde s’ goals and demand. In addi ion, an independen
boa d o di ec o s ensu es he quali y o co po a e go e nance and CSR
commi men s when hey ca e abou s eng hening he go e nance s uc u e, mee ing
sha eholde s’ in e es s, and gene a ing long- e m alue. Fu he mo e, pa icipa ion
in CSR ac i i ies is di ec ly p opo ional o he a io o women on he boa d.
Hence, p io s udies app oach analysis on he indus ies conside ed sensi i e, such
as Banking and Financial (Galle a e al., 2022; Khan e al., 2022; Khan, 2022; Qi e
al., 2023; Wide e al., 2023), Tou ism and Hospi ali y (de B uyn e al., 2023; Jain
e al., 2023; Legend e e al., 2024), Pha maceu ical (Milanesi e al., 2020), Ene gy
(Cons an inescu e al., 2021), o Ai line (Kuo e al., 2021). To explo e he i een-
yea e idence o esea ch on co po a e go e nance in sensi i e indus ies, i e
esea ch ques ions a e o mula ed:
RQ1. How has he esea ch on co po a e go e nance in sensi i e indus ies
de eloped du ing he las 15 yea s?
RQ2. Which a e he mos p ominen sensi i e indus ies explo ed in p io
esea ch?
RQ3. Which a e he cha ac e is ics o esea ch on co po a e go e nance in
sensi i e indus ies?
RQ4. How he esea ch on co po a e go e nance in sensi i e indus ies may be
cha ac e ized in e m o co-au ho ship and co-occu ence o keywo ds?
RQ5. Wha ac o s a e associa ed wi h he impac o esea ch on co po a e
go e nance in sensi i e indus ies?
3. Resea ch me hodology
This esea ch p o ides a e iew o scien i ic pape s published du ing he las i een-
yea aiming a analysing he e olu ion, insigh s and ac o s associa ed wi h esea ch
Mapping he esea ch on co po a e go e nance in sensi i e indus ies
Vol. 23, No. 2 419
on co po a e go e nance in sensi i e indus ies. The li e a u e e iew co e s he
heo e ical amewo k o he esea ch ield, based on ele an pape s in his a ea. The
in es iga ion is subs an ia ed by p io s udies ha use bibliome ic analysis (Bilal e
al., 2023) and s uc u ed li e a u e e iew (Dal Mas e al., 2023) as he p ima y
esea ch me hodology, comple ed wi h econome ic analysis app oach (Bake e al.,
2020; Bake e al., 2022).
The sou ce o he da a collec ion, as well as he s eps aken in conduc ing his
esea ch a e designed acco ding o Bake e al. (2020), Bake e al. (2022), Khan
(2022), Cumming e al. (2023), and u he highligh ed in Figu e 1.
Figu e 1. Resea ch amewo k
Adap ed om Bake e al. (2020); Bake e al. (2022); Khan (2022); Cumming e al. (2023)
Resea ch
Ques ions
•RQ1. How has he esea ch on co po a e go e nance in sensi i e
indus ies de eloped du ing he las 15 yea s?
•RQ2. Which a e he mos p ominen sensi i e indus ies explo ed in p io
esea ch?
•RQ3. Which a e he cha ac e is ics o esea ch on co po a e go e nance
in sensi i e indus ies?
•RQ4. How he esea ch on co po a e go e nance in sensi i e indus ies
may be cha ac e ized in e m o co-au ho ship and co-occu ence o
keywo ds?
•RQ5. Wha ac o s a e associa ed wi h he impac o esea ch on
co po a e go e nance in sensi i e indus ies?
Resea ch
Me hods
•Se up he sample depending on he esea ch opic and keywo ds
•Collec and seconda y p ocess he da a
•Selec he app op ia e esea ch me hodology o da abase analysis
•Include science mapping in bibliome ic echniques
•Examine ne wo ks o collabo a ion o au ho s, a ilia ions, and coun ies
•Use co ela ion and eg ession analysis o iden i y ac o s associa ed wi h
a icle's impac
Resea ch
Con ibu ions
•Upda e he in o ma ion on publica ion and ci a ion ends o esea ch on
co po a e go e nance in sensi i e indus ies
•Examine he esea ch on co po a e go e nance in sensi i e indus ies in
c isis and non-c isis ime ames
•Emphasize he s a e o collabo a ion be ween au ho s
•Iden i y he mos s udied indus ies and he main esea ch opics
•Iden i y possible a iables associa ed wi h a icles' impac
Accoun ing and Managemen In o ma ion Sys ems
426 Vol. 23, No. 2
and hei indings sugges ha he e iciency o capi al ma ke s dec eased unde
c isis ci cums ances.
The ime ame be ween 2010 and 2019 could be conside ed a non-c isis pe iod. A
he end o 2019, he momen o onse o he pandemic c isis, i s ex en c ea ed
con usion and i s epe cussions could no be moni o ed. Ins abili y a he academic
le el may be obse ed in he dec ease o he numbe o s udies published in 2019
compa ed o 2018. Resea che s main ain hei inc easing in e es in publishing on
co po a e go e nance in sensi i e indus ies, wi h an a e age o 51 pape s pe yea .
Howe e , he a ea o in e es is ex ended, and he indus ies o which he esea ch
in e es p e ail a e ep esen ed by Ai line, Banking, Ene gy, Hospi ali y, Logis ic,
Pha maceu ical, Tou ism, and T anspo a ion. Mo eo e , e en i he 2010-2019
could be conside ed a non-c isis one, esea che s con inued obse ing he e ec s o
he global inancial c isis.
Fo he pe iod be ween 2020 and 2022, he academic ield aced a new socio-
economic con ex , de e mined by pandemic phenomenon, and i s wo ldwide
disas ous consequences. S a ing om hese condi ions, esea che s app oached he
opic and s udied cause-e ec ela ionships in de ail, co ela ed wi h co po a e
go e nance in sensi i e indus ies. These a gumen s explain he upwa d publica ion
end o he pe iod 2020-2022. Fo example, Qui e al. (2021) conduc ed esea ch
on he in luence exe ed by co po a e social esponsibili y ac i i ies on s ock e u ns
in companies ha ca ied ou hospi ali y indus y ac i i ies. The au ho s examined
he eac ion o s akeholde s o he e olu ion o he s ock ma ke . Thei esul s
emphasize ha in es o s ha e a ou able eac ions o he co po a e social
esponsibili y ac i i ies in pandemic c isis condi ions, because hese ac i i ies ha e
he ole o p o ec ing employees, clien s, o supplie s. The esul s p esen ed in Table
4 allow o a summa y o s udies published be ween 2020 and 2022, measu ed
absolu e and ela i e. The a e age numbe o s udies (127 pape s) is signi ican ly
highe , compa ed wi h p e ious pe iods. The o al pape s published ep esen 40%
o he sample, and ocus on Ai line, Banking, Ene gy, Hospi ali y, Logis ic,
Pha maceu ical, Tou ism, T anspo a ion business ields.
To u he analyse he da a, s a ing om he esul s ob ained o RQ1, his s udy
app oaches he second esea ch ques ion (RQ2. Which a e he mos p ominen
sensi i e indus ies explo ed in p io esea ch?), which aims a iden i ying he
numbe o published s udies, acco ding o he sea ch opic used. The co po a e
go e nance keywo d is combined, a a ime, wi h keywo ds e e ing o sensi i e
indus ies in gene al, and he ansi ion o speci ic business ields is comple ed by
including keywo ds o each indus y in he sea ch opic. The sample includes bo h
indus ies conside ed sensi i e by de ini ion (Ai line, Banking, o Ene gy) and
indus ies conside ed sensi i e based on he ac ha hey a e signi ican ly in luenced
by global inancial o pandemic c isis condi ions (Hospi ali y, Logis ic,
Pha maceu ical, Tou ism, T anspo a ion).
Mapping he esea ch on co po a e go e nance in sensi i e indus ies
Vol. 23, No. 2 427
Table 5 illus a es he esul s o he sea ch opic equency analysis. Resea ch on
Banking indus y s ands ou wi h mo e han hal (536 publica ions, 57.9%) o he
s udies included in he sample, aking in o conside a ion aspec s o co po a e
go e nance in sensi i e indus ies. Acco ding o he li e a u e (Ka a e al., 2022;
Ci e io & King, 2023), Banking indus y is a long- esea ched opic because he
e ec s o c ises, be i inancial o pandemic, ha e been nega i e and di icul o
p edic in his ield. Mo eo e , in e es o esea ch on Ene gy indus y and co po a e
go e nance is high, his sea ch opic being anked second, wi h 109 s udies (11.8%).
Gué in and Sun heim (2021) app oach he en i onmen al pe o mance o economic
en i ies in he con ex o he COVID-19 c isis. Fu he mo e, S ocke e al. (2020)
s udy sus ainabili y issues.
Table 5. Sea ch opic equency analysis
Sea ch Topic F equency Pe cen
(%)
Times ci ed
(WOS)
A e age ci a ions
pe pape
Co po a e go e nance &
Ai line indus y
18 1.9 264 15
Co po a e go e nance &
Banking indus y
536 57.9 10,025 19
Co po a e go e nance &
Ene gy
indus y
109 11.8 1764 16
Co po a e go e nance &
Heal hca e indus y
7 0.8 29 4
Co po a e go e nance &
Hospi ali y indus y
49 5.3 711 15
Co po a e go e nance &
Logis ic indus y
49 5.3 1005 21
Co po a e go e nance &
Pha maceu ical indus y
27 2.9 447 17
Co po a e go e nance &
Sensi i e indus ies
(
gene ally
add essed
)
68 7.3 1389 20
Co po a e go e nance &
Tou ism indus y
47 5.1 457 10
Co po a e go e nance &
T anspo a ion indus y
16 1.7 246 15
To al 926 100.0 16,337 152
Analysing he sea ch opic based on co po a e go e nance and sensi i e indus ies
(gene ally add essed), 68 s udies (7.3%) we e e u ned. The nex a eas app oached
by esea che s a e Hospi ali y indus y (Jain e al., 2023; Legend e e al., 2024) and
Logis ic indus y, wi h 49 s udies each (5.3%) and Tou ism indus y (de B uyn e al.,
2023), wi h 47 pape s (5.1%). Fo he Pha maceu ical, Ai line, T anspo a ion
(And eou e al., 2014; Diniz e al., 2024), and Heal hca e (Dal Mas e al., 2023)
indus ies, ewes s udies a e published (be ween 7 and 27 s udies along he en i e
pe iod).
Accoun ing and Managemen In o ma ion Sys ems
428 Vol. 23, No. 2
P e ious s udies conduc ed on sensi i e indus ies alida e his esea ch. On he one
hand, de B uyn e al., (2023) s udy he opic o sus ainabili y in Tou ism indus y,
using a comp ehensi e bibliome ic analysis as he main esea ch me hod. Au ho s
conside ha s udying Tou ism indus y is ele an , based on he ac ha i
ep esen s one o he business ields in he wo ld wi h essen ial con ibu ions o
economic de elopmen , being well known o i s abili y o gene a e job
oppo uni ies, which suppo global employmen and po e y a oidance. On he
o he hand, Dal Mas e al. (2023) use s uc u ed li e a u e e iew o an
in e disciplina y app oach ela ed o Heal hca e indus y, aking in o conside a ion
he issues o con empo a y digi al ans o ma ion unde pandemic c isis condi ions.
Au ho s conside heal hca e as one o he indus ies wi h he as es a e o g ow h
in he wo ld, and hei analysis sugges ha COVID-19 pandemic de e mined a
e olu iona y use o digi al echnologies ac oss all a eas, pushing he en i e
heal hca e indus y owa d signi ican challenges.
Fu he mo e, a b ie discussion abou he numbe o ci a ions (Times ci ed) is
add essed. The equency o s udies on co po a e go e nance in a ious sensi i e
indus ies may be linked o he imes ci ed and a e age ci a ions pe pape , epo ed
in Web o Science Co e (Table 5). Highe numbe s o imes ci ed a e no ed o
Banking (10,025) and Ene gy (1,764) indus ies. These indings a e consis en wi h
p io li e a u e because Banking (Galle a e al., 2022; Qi e al., 2023) and Ene gy
(Cons an inescu e al., 2021) a e ep esen a i e esea ch indus ies. Fo inc easing
ele ance, analysis includes he a e age alues o ci a ions pe pape , which ha e a
suppo ing ole in he esul s. Mos o ci a ions pe pape a e coun ed o Logis ic
(21) and Sensi i e indus ies – gene ally conside ed (20). The Banking indus y is
anked on he hi d posi ion, wi h an a e age o 19 ci a ions/pape , ollowed by
Pha maceu ical (17) and Ene gy (16) indus ies.
4.2 Cha ac e is ics o esea ch on co po a e go e nance
in sensi i e indus ies
To espond he hi d esea ch ques ion (RQ3. Which a e he cha ac e is ics o
esea ch on co po a e go e nance in sensi i e indus ies?), a desc ip i e analysis
de ailed by publica ion ype is app oached, s a ing o s udies conduc ed by Don hu
e al. (2021), and Bake e al. (2022), which pe o med bibliome ic analysis. Based
on sample collec ed om he Web o Science da abase, he de ailed analysis by
publica ion ypes add esses: numbe o e e ences, numbe o ci a ions (bo h in WOS
Co e collec ion and in all da abases), and a icle leng h.
In-dep h s a is ical analysis is pe o med by calcula ing he main s a is ical indica o s
(minimum, maximum, mean, and s anda d de ia ion), simila o Bake e al. (2022),
ex ended nex wi h he one-way ANOVA es s. The esul s a e summa ized in Table
6 and con i m he esea ch indings, showing ha he e is a signi ican di e ence
among he h ee ypes o publica ions. The iden i ied cha ac e is ics e e o he o al
Mapping he esea ch on co po a e go e nance in sensi i e indus ies
Vol. 23, No. 2 429
numbe o bibliog aphic e e ences, he numbe o imes a pape is ci ed in Web o
Science Co e collec ion and in All da abases, and las , bu no leas , examined
cha ac e is ics p esen in o ma ion abou he o al numbe o pages.
Table 6. Desc ip i e s a is ics and independence - es s o pape s’ cha ac e is ics,
g ouped by publica ion ca ego ies
Pape s’
cha ac e is ics Publica ion Type Valid N
(lis wise) Min. Max. Mean S d.
De ia ion
One-way
ANOVA
Ci ed e e ence
coun
Book Chap e
18
16
129
62.83
33.888
63.35**
*
Con e ence
84
3
119
29.15
22.381
Jou nal
824 6 297 70.62 32.990
Times ci ed
(WOS Co e
collec ion)
Book Chap e
18
0
39
6.39
10.071
10.05**
*
Con e ence
84
0
19
1.37
3.211
Jou nal 824 0 448 19.55 39.135
Times ci ed
(All da abases)
Book Chap e
18
0
39
6.39
10.071
10.00**
*
Con e ence
84
0
20
1.43
3.338
Jou nal
824 0 460 19.95 40.036
A icle leng h
(Numbe o
pages
)
Book Chap e
18
17
48
28.17
9.488
76.22**
*
Con e ence
84
4
35
10.19
5.150
Jou nal
824
4
56
19.89
7.690
*** Co ela ion is signi ican a 1% le el (2- ailed).
The o al numbe o s udies ci ed by he au ho s in hei esea ch is highligh ed
h ough he Ci ed e e ence coun . The minimum limi a ies be ween 3 and 16. The
lowes numbe o e e ences is a ibu ed o con e ence pape s. The maximum limi
anges be ween 119 and 297; mos e e ences a e ci ed in scien i ic jou nals. S udies
published in books a e in he second posi ion, wi h maximum e e ences o 129. On
a e age, book chap e s and a icles in jou nals a e qui e simila , wi h means o 62.83,
and 70.62, espec i ely. Fo con e ence pape s he mean is o 29.15, less han hal
compa ed o books chap e s and jou nals. The di e ences iden i ied by desc ip i e
s a is ics a e u he suppo ed by he one-way ANOVA esul s. These indings
alida e he pu pose o he in es iga ion and espond adequa ely o he esea ch
ques ion demons a ing a be e documen a ion o s udies published in scien i ic
jou nals and books.
The imes ci ed, on he Web o Science Co e Collec ion and in All da abases,
measu e he numbe o imes publica ions a e ci ed. Cha ac e is ics may be
conside ed ele an because hey allow o compa abili y. Fo he imes ci ed, he
minimum numbe is 0 and he maximum a ies be ween 39 and 460, depending on
he publica ion ype. The mos ci ed pape s a e a icles published in leading jou nals,
and he book chap e ype o publica ion is second in he anking. The publica ion
ype wi h he smalles numbe o imes ci ed is ep esen ed by he con e ence
p oceedings. The di e ences iden i ied o he numbe o ci a ions a e u he
suppo ed by he one-way ANOVA esul s. These esul s ep esen a esponse o he
esea ch ques ion and an a gumen o scien i ic alida ion o leading jou nals.
Accoun ing and Managemen In o ma ion Sys ems
430 Vol. 23, No. 2
Fo he cha ac e is ic ega ding he a icle leng h, desc ip i e s a is ics esul s e eal
a minimum numbe o pages (be ween 4 and 17), ha o he h ee ypes o
publica ions, while he maximum numbe anges be ween 35 and 56. The highes
numbe o pages a e iden i ied o pape s published in jou nals (56 pages), ollowed
by book chap e ype, wi h 48 pages, and by con e ence pape s, wi h 35 pages.
Howe e , on a e age, he s udies published in book chap e s a e he mos ex ensi e,
wi h 28.17 pages, ollowed by a icles published in jou nals (19.89 pages) and in
con e ence p oceedings (10.19 pages). O e all, he di e ences iden i ied o he
numbe o pages a e u he suppo ed by he one-way ANOVA esul s. These
indings con i m he ex ensi e con en o s udies published in books’ chap e s and
in jou nals, as a esponse o he esea ch ques ion.
4.3 Ne wo k analysis o co po a e go e nance
in sensi i e indus ies esea ch
Ne wo k analysis o esea ch on co po a e go e nance in sensi i e indus ies is
pe o med using VOS iewe so wa e. I examines he scien i ic collabo a ion
be ween au ho s illus a ing he numbe and he s eng h o links and he numbe o
publica ions in which he mos co e ed opics occu oge he . This sec ion aims o
espond o RQ4. How he esea ch on co po a e go e nance in sensi i e indus ies
may be cha ac e ized in e m o co-au ho ship and co-occu ence o keywo ds?
To examine au ho s’ collabo a ion on co po a e go e nance in sensi i e indus ies,
a ne wo k analysis o co-au ho ship is pe o med. Ne wo k isualiza ion enables o
obse e he nodes sizes o he au ho s, which sugges he numbe o links es ablished
wi h o he esea che s, om a scien i ic collabo a ion poin o iew. The c i e ia
ega ding au ho s and documen s pe au ho a e se in VOS iewe . The maximum
numbe o au ho s o an a icle is se a 25, and ano he condi ion is ha he au ho s
ha e a leas one pape published. Resul s a e displayed in Figu e 2.
Figu e 2. Co-au ho ship analysis g ouped by numbe o a icles published
Mapping he esea ch on co po a e go e nance in sensi i e indus ies
Vol. 23, No. 2 431
The analysis implies ha he gene a ed clus e s a e comp ised o au ho s wi h he
mos ele an collabo a ions among hem o wi h o he s. Figu e 2 shows ou
gene a ed clus e s, each o hem highligh ed wi h a di e en colou , p esen ed in
ele ance o de and displaying he names o au ho s o which a high deg ee o
collabo a ion is no ed. Fo he i s clus e , he a ibu ed colou is ed, and i con ains
6 au ho s (Anh, T.T., Chuyen, B.M., Hac, L.D., Nhung, P.T.H., Thach, N.N., and
Thang, T.D.). The second clus e is ma ked wi h g een and is composed o 6 au ho s
(Da , P.M., Dung, V.T., Huy, D.T.N., Manh, P.T., Phuong, L.T.M., and Thui, N.T.).
The ou au ho s (Ha, L.T., Hang, N.T., Huy, D.T.N., and Nhung, D.H.) included in
he hi d clus e a e ma ked wi h blue, and he las clus e , highligh ed wi h yellow,
is composed o only wo au ho s (Ngon, N.T.T. and T ung, N.D.).
Fu he mo e, an analysis based on o al link s eng h (Alhosani & Nobanee, 2023),
illus a ed in Table 7, ex ends he co-au ho ship analysis by equency o pape s and
imes ci ed, along wi h he main opics add essed by esea che s wi h he highes
in ensi y o collabo a ion.
Table 7. Top 10 au ho s acco ding o o al link s eng h
Au ho s
To al
link
s eng h
Numbe
o
pape s
Times
ci ed
Main opics based on i le, keywo ds
and abs ac , g ouped by indus y
Huy,
D.T.N.
12 3 47 Banking: Risk managemen in he con ex o
Indus y 4.0; COVID-19 e ec s; Sus ainabili y;
In o ma ion sys em; New iewpoin s on co po a e
go e nance ma e s ha banks may use; Sus ainable
g ow h; Risk in o ma ion disclosu e and
measu emen ;
Mac oeconomic ac o s on ma ke isk
Zhou, J. 11 3 34 Ene gy: Sou ces o pe o mance; Sus ainable
compe i i e ad an age
Tou ism: Co po a e social esponsibili y; Sa is ying
s akeholde s’ in e es s; Economic sus ainable
de elopmen ; Mode a ing ole o in e nal go e nance
mechanisms
Hasan, I. 10
4
55
Banking: Co po a e go e nance quali y; Agency
cos s; Bank accoun ing egula ions; Ins i u ional
cha ac e is ics;
Audi ing
Ka aman,
A.S.
10
4
76 Hospi ali y: Boa d cha ac e is ics; CSR
pe o mance; Fi m inancial pe o mance;
Sus ainabili y epo ing; ESG pe o mance
Ai line: Sus ainabili y pe o mance; Sus ainabili y
epo ing; Global Repo ing Ini ia i e
Logis ic: Non- inancial bene i s; ESG pilla s; CSR
awa ding
Kilic, M.
10
5
174 Sensi i e: Clima e change disclosu e in banking
indus y; Sus ainabili y epo s; Legi imacy Theo y
Banking: In eg a ed epo ing; Non- inancial
companies; Gende di e si y; Fi m size; Boa d
cha ac e is ics
Accoun ing and Managemen In o ma ion Sys ems
432 Vol. 23, No. 2
Au ho s
To al
link
s eng h
Numbe
o
pape s
Times
ci ed
Main opics based on i le, keywo ds
and abs ac , g ouped by indus y
Hospi ali y: Boa d cha ac e is ics (independence,
di e si y, sus ainabili y commi ee); CSR
pe o mance Sus ainabili y epo ing; ESG
pe o mance
Ai line: Sus ainabili y epo ing and pe o mance;
Global Repo ing Ini ia i e F amewo k; Wo ldwide
Go e nance Indica o s
Uya , A.
10
4
76 Hospi ali y: Boa d cha ac e is ics; CSR
pe o mance; Fi m inancial pe o mance;
Sus ainabili y epo ing; ESG pe o mance
Ai line: Sus ainabili y pe o mance; Sus ainabili y
epo ing; Global Repo ing Ini ia i e
Logis ic: Non- inancial bene i s; ESG pilla s; CSR
awa ding
Wang, K. 10
3
38 Ene gy: En i onmen al pe o mance; Co po a e
en i onmen al in o ma ion disclosu e; Co po a e
s a egic decisions
Banking: In e nal co po a e go e nance; Financial
ma ke de elopmen
Ai line: Ai line e iciency pe o mance; Co po a e
go e nance;
Ma ke discipline
Ha on, R. 9 8 86 Banking: The mode a ing ole o in ellec ual capi al
in he ela ionship be ween co po a e go e nance and
banks’ pe o mance; Boa d cha ac e is ics;
Pe o mance o Banking indus y; Agency Theo y;
S ewa dship Theo y; Resou ce Dependence Theo y;
Re u n on Asse s; Re u n on Equi y; Owne ship
concen a ion; Financial le e age; Agency con lic s;
Bank up cy isk
Nom an,
N.M.
9 6 63 Banking: Supe iso y boa d cha ac e is ics
( epu a ion, educa ion, expe ise) Banks’ inancial
pe o mance; Regula o y en i onmen ; Go e nance
sys em; Social pe o mance; Re u n on Asse s;
Re u n on Equi y; Owne ship concen a ion; Agency
con lic s
Chen,
Y.L.
9 3 33 Banking: Ma ke compe i ion in he ela ionship
be ween co po a e go e nance and capi al s uc u e
dynamics; En e p ise isk managemen adop ion;
Agency cos s; Sha eholde s’ igh s; Financial c isis
pe iod
The inclusion o he au ho Huy, D.T.N. in wo o he 4 main co-au ho ship clus e s
(Figu e 2) is alida ed by he link s eng h analysis (Table 7), whe e he same au ho
is iden i ied as ha ing he mos in ensi y o collabo a ion. Muchmo e, indings also
show ha au ho s wi h a link s eng h highe han 10 collabo a e in a limi ed numbe
o pape s (3 o 5), illus a ing he s abili y o esea ch eams. Mos o he au ho s
make scien i ic con ibu ions o he Banking indus y ela ed o sus ainabili y,
Mapping he esea ch on co po a e go e nance in sensi i e indus ies
Vol. 23, No. 2 433
pe o mance, o agency concep s, wi hou excluding e ms as isk managemen , o
inancial c isis.
The analysis o main opics based on i le, keywo ds and abs ac , g ouped by
indus y indica es a possible pa e n in equency and co-occu ence o keywo ds
used in co po a e go e nance esea ch. A equency analysis o he mos used
keywo ds (also used by Bilal e al., 2023, and Qi e al., 2023) acknowledges he
p e iously highligh ed ideas (Table 8). Along wi h co po a e go e nance and
go e nance, o he equen ly used concep s a e co po a e social esponsibili y,
banking, pe o mance, and sus ainabili y.
Table 8. The mos equen ly used keywo ds
Au ho keywo ds To al occu ences
Co po a e go e nance
238
Co po a e social esponsibili y
80
Banks
56
Banking indus y
37
Pe o mance
30
Sus ainabili y
29
Fi m pe o mance
27
Go e nance
26
Boa d o di ec o s
25
Financial pe o mance
21
Islamic banks
21
CSR
20
Owne ship s uc u e
20
Keywo ds may be conside ed he essence o a esea ch pape , bo h indi idually and
in connec ion o o he keywo ds. Figu e 3 p esen s he esul s o co-occu ence o
keywo ds analysis in he ield o co po a e go e nance in sensi i e indus ies
esea ch. VOS iewe so wa e is used o pe o m he keywo ds co-occu ences
ne wo k, in line wi h p e ious esea ch (Galle a e al., 2022; Khan e al., 2022;
Khan, 2022; Bilal e al., 2023; de B uyn e al., 2023; Jain e al., 2023; Qi e al., 2023;
Diniz e al., 2024; Legend e e al., 2024).
A o al numbe o 113 unique keywo ds we e iden i ied in he 926 pape s included
in he analysis. Fo his ne wo k analysis, he condi ion is ha a keywo d appea s a
leas 5 imes, and he clus e s iden i ied by di e en colou s in Figu e 3 a e p esen ed
in ele ance o de .
Accoun ing and Managemen In o ma ion Sys ems
434 Vol. 23, No. 2
Figu e 3. Keywo ds co-occu ence analysis
I may be no iced ha he mos equen keywo d is co po a e go e nance ha co-
occu wi h cha ac e is ics e e ing o he boa d o di ec o s (size, independence,
duali y, s uc u e, di e si y, gende di e si y, CEO compensa ion), and owne ship
(owne ship concen a ion and s uc u e, in e na ional in es o s, go e nmen o s a e
owne ship, small and medium en e p ises, and capi al s uc u e). Likewise, he mos
encoun e ed business ield-speci ic keywo ds a e hose ela ing o banking
( inancial) sec o (banks, insu ance, comme cial banks, inancial ins i u ions, bank
loans, cash holdings), bu he e a e also equen ly no iced keywo ds abou speci ic
indus ies (Pha maceu ical, Ai line, Ho els). Addi ionally, he sus ainabili y
keywo d eme ges wi h a lowe in ensi y, bu wi h links o mul iple ela ed e ms
(en i onmen , ene gy indus y, social, clima e change, en i onmen al pe o mance
and disclosu es, sus ainabili y epo ing, in eg a ed epo ing, sus ainable
de elopmen ). Las bu no leas , he inancial and audi ela ed keywo ds may be
obse ed as co-occu ing (e iciency, p o i abili y, inancial pe o mance, ea nings
managemen , e hics, assu ance, audi quali y).
4.4 Fac o s o esea ch on co po a e go e nance in sensi i e indus ies
The i h esea ch ques ion (RQ5. Wha ac o s a e associa ed wi h he impac o
esea ch on co po a e go e nance in sensi i e indus ies?) is designed o iden i y
possible de e minan s o inc ease he esea ch impac measu ed in e ms o imes
Mapping he esea ch on co po a e go e nance in sensi i e indus ies
Vol. 23, No. 2 435
ci ed. Fo his pu pose, he eg ession model p esen ed in Sec ion 3.3 is de eloped
ollowing he app oach used in p e ious s udies conduc ed by S eme sch e al.
(2007), Meye e al. (2018), Bake e al. (2020) and Bake e al. (2022). Acco ding
o he li e a u e, he dependen a iables included in he eg ession analysis a e
conside ed o signi ican ly inc ease he esea ch quali y.
The dependen and independen a iables used in his esea ch a e displayed in
Table 9, which also includes desc ip i e s a is ics and explana ions o each a iable.
Table 9. Va iables’ de ails and desc ip i e s a is ics
Va iables
De ini ion
Min.
Max.
Mean
S d. De .
Dependen (A icle Impac )
TIMES_CITEDWOS A icle’s o al numbe o ci a ions
in Web o Science Co e.
0 448 17.64 37.35
TIMES_CITEDALLDB A icle’s o al numbe o ci a ions
in All Da abases.
0 460 18.01 38.21
Independen
Uni e salism
SPECIAL_ISSUE I he a icle appea s in a special
issue, assign alue 1, o he wise 0.
0 1 0.07 0.26
NO_PAGES To al numbe o pages in an
a icle.
4 56 19.17 8.12
Social cons uc i ism
CITED_REFCOUNT To al numbe o e e ences ci ed in
an a icle.
3 297 66.71 34.30
P esen a ion
VIEWS_180DAYS To al numbe o imes a s udy’s
ull ex has been iewed o sa ed
du ing he p e ious 180 days.
0 165 4.87 11.37
Addi ional a ibu es
ARTICLE_AGE The di e ence be ween 2023 and
publica ion yea .
1 15 5.21 3.67
Ex ending he p esen a ion in Table 9, he co esponding heo e ical s ances a e
highligh ed o he independen a iables. Two a iables a e conside ed unde he
uni e salis pe spec i e. Acco ding o he heo e ical backg ound, a highe impac
o he esea ch is acknowledged by inclusion in he special issue ca ego y, due o
imp o emen o scien i ic dialogue on speci ic hemes, hence, being mo e likely o
inc ease eade s’ a en ion (Bake e al., 2022). In his s udy, a dummy a iable
(SPECIAL_ISSUE) highligh s he esea ch o iginali y, he alue 1 being a ibu ed
i he a icle is included in a special issue, o he wise he alue is 0. A special issue is
conside ed an inno a i e issue o one ha ocuses on a speci ic ele an opic.
Likewise, p io s udies (Dang & Li, 2018; Meye e al., 2018) emphasize ha a icles
wi h an ex ended con en may inc ease hei ci a ion coun . This suppo s he use o
he numbe o pages (NO_PAGES) o e lec he a icles’ leng h. Fu he mo e, he
social cons uc i is pe spec i e is add essed h ough ci ed e e ences coun
(CITED_REFCOUNT) a iable, measu ing he o al numbe o bibliog aphic
sou ces ci ed in an a icle. Bake e al. (2022) indica e ha a highe numbe o
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