Corporate Resilience and Good Governance Practices in a Period of Crisis: What Theoretical Intersections?

Abstract

This research explores the interaction between corporate governance mechanisms and organizational resilience during health crises, with a particular focus on the COVID-19 pandemic. Through an in-depth literature review, it develops a theoretical model highlighting key governance attributes that influence corporate resilience, such as board diversity, board independence, separation of roles, and the age of executives. The findings indicate that companies with diverse and independent boards, along with a clear separation of executive and oversight functions, were better equipped to navigate the disruptions caused by the crisis. In addition, this study presents the results of a theoretical and bibliometric analysis aimed at providing an overview of academic research on corporate governance and business resilience over the period 2009–2025, based on a sample of 24 references. The objective is to understand the evolution and emerging trends in research on this subject. The article concludes by emphasizing the critical role of sound corporate governance in enhanced companies’ ability to withstand and adapt to future crises.