Corporate governance is a set of processes and regulations for more effective managerial control in organizations. The system is distinct, considering the phenomena that can interfere in the organizational dynamics. In textual analysis of corporate governance, risk, and the triad, the IRaMuTeQ software was used to analyze the correlation. The objective is to analyze the similitude by mapping the correlation between the articles. The research is qualitative, combining with a specific methodology of dynamic similitude. A textual corpus was used considering the history and chronology of the facts. The participants are four researchers with experience in analyzing inconsistencies of propositions and facts, which contributed to the discussions and final considerations. The articles were searched in the main scientific databases using the filter method, chronology of facts. In the software, the baseline analysis was classification and multivalued analysis of similitude through tree correlation. The results of the factual analysis of the graphs were visually demonstrated in the tree the correlation between decision and risk; structure and control; and the adjacent ones such as the corporate and company, presented independence, that is, there is no correlation. The result of the study demonstrates a risk-oriented view of decisions and governance. The procedure of analysis of the corpus text evidenced the correlation accordingly and we concluded that the IRaMuTeQ® has a connection between the facts and a logical structure in qualitative studies.