The IUP Journal of Corporate Governance
Corporate Governance in Banking: A Systematic Literature Review

Article Details
Pub. Date : April, 2021
Product Name : The IUP Journal of Corporate Governance
Product Type : Article
Product Code : IJCG20421
Author Name Ranajee, Saumita Roy, Sreya Roy Chowdhury and Prashant Dixit
Availability : YES
Subject/Domain : Management
Download Format : PDF Format
No. of Pages : 28



Banking is a responsible business based on trust and fairness. Corporate governance in banking institutions becomes crucial in navigating through the uncertain world we live in. This topic has piqued the attention of a wide variety of scholars around the world, and it has gained momentum in recent years. The aim of this study is to identify the key contributors, key areas, current trends, and potential research directions. The paper uses a systematic literature review methodology, as well as bibliometric and content analysis, to examine 311 studies from the Scopus database. Citations and PageRank are used to classify the most influential papers as well as the most influential contributors. A co-citation network was developed to see the conceptual framework of this research area. The study identifies research discrepancies, and seven actionable research paths are proposed for the future.


Banking is defined as accepting public money deposits for the purpose of lending or investment under Section 5 of the Banking Regulation Act. Such deposits are to be repaid on demand or withdrawn by check, draft, or other means. As a result, the bank serves as a creditor, a trustee, and a debtor. Banks have a fiduciary responsibility to their clients. A fiduciary is someone who has a legitimate or ethical fiduciary arrangement with one or more other individuals (person or group of persons). A fiduciary is a person who handles money or other properties on behalf of another person. Banks play an important role in the economy by facilitating the transfer of funds from savers and depositors to activities that promote business and contribute to economic development. The protection and soundness of banks are vital to financial stability, and the way they do business is also critical to economic health. They aid in the effective allocation of funds from savers to borrowers. They provide advanced financial services that lower the cost of accessing knowledge about investing and borrowing options. These financial