Navigating Corporate Governance in Benefit Corporations and certified B Corps: A Systematic Literature Review
DOI:
https://doi.org/10.7433/s126.2025.04Keywords:
Benefit Corporation, B Corps, Corporate Governance, Systematic Literature ReviewAbstract
Purpose of the paper: This study aims to systematize the scientific knowledge related to Benefit Corporations and certified B Corps with a focus on the issue of Corporate Governance.
Methodology: A qualitative Systematic Literature Review employing the PRISMA methodology was adopted, adhering to a transparent and reproducible methodology for searching, assessing quality, and synthesizing information.
Findings: Research on Governance in BCorp and Benefit Corporations centers around three key themes: Law & Organizational Identity, Accountability & Measurement, and Management & Stakeholder Engagement. It's noteworthy that these three dimensions are frequently interconnected and influence one another.
Research limits: The selection criteria for conducting the SLR were narrow, including only peer-reviewed articles written in English. Additionally, the decision was made to exclusively consider articles published in ABS-listed journals to ensure the inclusion of high-quality studies. Furthermore, each article underwent analysis and classification based on the interpretation and consensus of the authors.
Practical implications: Through this study, the authors aim to contribute to the advancement of scientific understanding regarding governance within BCs and B Corps, offering valuable insights for both companies and policymakers in navigating this field.
Originality of the paper: To date, no systematic literature review has comprehensively examined the issue of governance in BCs and B Corp management research.
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