Corporate Governance and Corporate Sustainability Performance: A Systematic Literature Review

The Sustainable Development Goals have set a new global standard for sustainability, requiring significant corporate involvement through the adoption of sustainable practices. Corporate Governance (CG) is acknowledged as a crucial factor influencing Corporate Sustainability Performance (CSP). This p...

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Bibliographic Details
Main Authors: Shalki Bansal, Nidhi Kaicker
Format: Article
Language:English
Published: Faculty of Management & Finance, University of Colombo 2024-12-01
Series:Colombo Business Journal
Subjects:
Online Access:https://mgmt.cmb.ac.lk/cbj/wp-content/uploads/2024/12/4.-CBJ-V15I2-CG-and-CSP-SLR.pdf
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Summary:The Sustainable Development Goals have set a new global standard for sustainability, requiring significant corporate involvement through the adoption of sustainable practices. Corporate Governance (CG) is acknowledged as a crucial factor influencing Corporate Sustainability Performance (CSP). This paper aims to identify research gaps in the CG-CSP area through a systematic review of literature based on articles indexed in Scopus from 1993 to 2022. A total of ninety-four articles that examine CG as a predictor of CSP were selected and analysed using content analysis. The findings indicate that research on CG-CSP has increased in recent years, leading to the development of a conceptual framework highlighting existing research and revealing gaps in research methodologies and CG elements that influence CSP. Future studies should focus on utilising qualitative or mixed-method approaches and investigating the behavioural aspects of various corporate governance stakeholders.
ISSN:1800-363X
2579-2210