Purpose The literature on performance implications of common institutional ownership has witnessed substantial growth recently. Hence, this study aims to synthesise the literature and consolidate fragmented evidence to identify key themes and research gaps. Design/methodology/approach This study uses a systematic literature review and bibliometric analysis to examine the existing literature. Findings The results of this study reveal fragmented literature across multiple dimensions, including research methodologies, its scope and theoretical perspectives. Notably, developing countries receive limited scholarly attention, while specific industries such as health and banking receive more. The existing literature predominantly focuses on multinational or large institutions, underscoring the need to further explore common ownership in private institutions. The results underscore significant research gaps, motivating researchers to consider the implications of common ownership on the environment and sustainability across different contexts. Research limitations/implications To ensure the quality of included studies, the sample is restricted to highly indexed papers, which may have led to some critical studies being missed because of the application of inclusion and exclusion criteria. Practical implications This study offers constructive implications for developing antitrust policies, regulations and market strategies in the presence of common ownership. Social implications The findings of this study will be relevant to scholars, policymakers and regulators and serve as a foundational study to further elucidate relevant literature. Originality/value Unlike prior studies, the authors integrate a systematic literature review guided by the Preferred Reporting Items for Systematic Reviews and Meta-Analyses guidelines, coupled with a bibliometric analysis, to provide a holistic review of the literature on common ownership.
Farooq et al. (Tue,) studied this question.