Corporate Governance and Initial Public Offerings in India: An Inquiry into Intellectual Developments and Market Reflections

Bhadrapriya V; T. Mohammed Nishad

doi:10.55524/ijirem.2025.12.5.2

Abstract

The research on the performance of initial public offerings (IPOs) has received considerable research attention since corporate governance variables are recognized as crucial determinants of listing gains, underpricing, and long-run returns. The present study conducts a comprehensive bibliometric study of works exploring the relationship between corporate governance and IPO performance. As per a dataset comprised of 477 articles generated during 1997 to 2025 obtained from the Scopus database, by harnessing bibliographic coupling (BC) and co-authorship (C-AU) analyses, this research provides an enlightenment regarding key authors, relevant journals, thematic groupings, and research collaboration patterns for this research field. The findings present a significant growth scenario during the previous decade regarding research contribution and identify emerging topics like board composition, ownership structure, promoter shareholding, CEO duality, and IPO underpricing. Visualizations of networks reflect strong global research linkages with India and those from America and Britain leading with respect to publication output. Moreover, it identifies influential papers and changing research streams and provides useful information to scholars, experts, and policymakers. The present research provides further insight regarding the intellectual foundation, trends, and future research prospects regarding corporate governance and IPO performance.

Keywords

Corporate governance, Initial public offerings, Bibliometric analysis.

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Cites this article as

B. V, T. M. Nishad, "Corporate Governance and Initial Public Offerings in India: An Inquiry into Intellectual Developments and Market Reflections", International Journal of Innovative Research in Engineering and Management (IJIREM), Vol-12, Issue-5, Page No-9-17, 2025. Available from: https://doi.org/10.55524/ijirem.2025.12.5.2