Corporate Governance and Corporate Sustainability Performance: A Systematic Literature Review
Nidhi Kaicker
Abstract
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.
Keywords: Corporate Governance, Corporate Social Performance, Systematic Literature Review
Volume 15, Issue 2
December 31, 2024
Pages: 87-114
DOI: https://doi.org/10.4038/cbj.v15i2.191
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Suggested citation:
Bansal, S. & Kaicker, N. (2024). Corporate governance and corporate sustainability performance: A systematic literature review. Colombo Business Journal, 15(2), 87-114. https://doi.org/10.4038/cbj.v15i2.191
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Shalki Bansal
School of Management, Dr. B. R. Ambedkar University, India
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Nidhi Kaicker
School of Management, Dr. B. R. Ambedkar University, India
