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Our paper analyses 25 years of performance management research published in\ud the English-language journals, included in SSCI database, separating the business domain\ud from public sector one. We used a content analysis for showing the relationships between\ud the subfields of performance management and the time evolution. Through a multiple\ud correspondence analysis based on keywords we provide a framework to track this literature\ud over the 25-year period. We conclude the paper with a discussion on future pathways in the\ud performance management literatur

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This paper aims to assess the state of the art, the structure and the evolution of the debate on control enhancing mechanisms (hereafter CEMs). It combines bibliometric and qualitative methodologies to analyze 210 articles published in scientific journals up to 2014. The findings show that the academics' interest has increased over time, and the research has simultaneously developed along two main poles: antecedents and consequences of the proportionality principle. The analyses also reveal that the debate stems from the US studies on the legal principles of disproportionate ownership devices at the end of 19th century, and has been strongly fueled by the 'law and finance' theorists. This paper has both theoretical and practical implications. First, it provides insights into underexplored issues where future research efforts could be focused. Second, it supports new policy-making interventions to CEMs and encourages investor regulation and corporate transparency.

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