EXPLORING THE LINK BETWEEN AUDIT AND CORPORATE GOVERNANCE: A BIBLIOMETRIC ANALYSIS OF RECENT LITERATURE

Abstract

The importance of corporate governance and its relationship with auditing has been brought to the
forefront following the financial crises and corporate scandals of the early 2000s and 2007-2008. In this
review, we provide an overview of the scholarly literature on the relationship between audit and corporate
governance published between 2010 and 2020 using a bibliometric analytical approach. We identified the
most influential journals, authors, and articles, as well as annual production, source documents, trending
topics, and keyword co-occurrence networks. Our findings highlight the importance of auditing in the
corporate governance of public and private firms, with monitoring and controlling executive performance on
behalf of shareholders being a critical role. We also note the differences in corporate governance between
public and private sectors, with public sector governance being based on policy outcomes and value for public
money. Our review highlights the effectiveness and efficiency of corporate governance structures and the role
of audit attributes, such as risk management and financial reporting. We conclude with a discussion on
emerging trends in this field and suggest future research avenues. This review will be valuable for corporate
scholars and researchers seeking to understand the role of auditing in corporate governance and the impact of
previous research on this topic.