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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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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author Shalki Bansal
Nidhi Kaicker
author_facet Shalki Bansal
Nidhi Kaicker
author_sort Shalki Bansal
collection DOAJ
description 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.
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publisher Faculty of Management & Finance, University of Colombo
record_format Article
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spelling doaj-art-ce6d7793595e403dbdccc859c41d9b002025-01-04T08:13:36ZengFaculty of Management & Finance, University of ColomboColombo Business Journal1800-363X2579-22102024-12-011528711410.4038/cbj.v15i2.191Corporate Governance and Corporate Sustainability Performance: A Systematic Literature ReviewShalki Bansal0https://orcid.org/0000-0003-2701-6857Nidhi Kaicker1School of Management, Dr. B. R. Ambedkar University, IndiaSchool of Management, Dr. B. R. Ambedkar University, IndiaThe 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.https://mgmt.cmb.ac.lk/cbj/wp-content/uploads/2024/12/4.-CBJ-V15I2-CG-and-CSP-SLR.pdfcorporate governancecorporate social performancesystematic literature review
spellingShingle Shalki Bansal
Nidhi Kaicker
Corporate Governance and Corporate Sustainability Performance: A Systematic Literature Review
Colombo Business Journal
corporate governance
corporate social performance
systematic literature review
title Corporate Governance and Corporate Sustainability Performance: A Systematic Literature Review
title_full Corporate Governance and Corporate Sustainability Performance: A Systematic Literature Review
title_fullStr Corporate Governance and Corporate Sustainability Performance: A Systematic Literature Review
title_full_unstemmed Corporate Governance and Corporate Sustainability Performance: A Systematic Literature Review
title_short Corporate Governance and Corporate Sustainability Performance: A Systematic Literature Review
title_sort corporate governance and corporate sustainability performance a systematic literature review
topic corporate governance
corporate social performance
systematic literature review
url https://mgmt.cmb.ac.lk/cbj/wp-content/uploads/2024/12/4.-CBJ-V15I2-CG-and-CSP-SLR.pdf
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