The impact of corporate governance on the pillars of corporate social performance and reporting: A review of archival research and implications for future research

Research output: Journal contributionsJournal articlesResearchpeer-review

Authors

The aim of this study was to review 85 archival studies on the impact of corporate governance on the subpillars of corporate social performance and reporting. Relying on a stakeholder-agency theoretical framework, this structured literature review includes board characteristics, chief executive officer (CEO) attributes, and ownership structure as corporate governance. In addition, the focus was on the main pillars of social accountability and performance (employees, customers and suppliers, human rights and resources, products and services, and communities). Board (gender) diversity and (long-term) institutional ownership were dominant in this literature review. Although many studies of related corporate governance factors found inconclusive results, there were indications that board gender diversity, board experience and expertise, and long-term institutional ownership are positively related to social performance. Since prior research is mainly limited to overall corporate social responsibility (CSR) dimensions or environmental issues, this study represents the first literature review on the impact of corporate governance on social performance and reporting. Given the increasing pressure from stakeholders and regulators on social outcomes and the challenges of quantification, we emphasize the need to focus on the social pillar of CSR in this literature review. It highlights key research gaps and recommendations for future research. Since corporate governance and corporate social efforts have many interrelationships, researchers should conduct empirical quantitative studies on social pillars, such as employee satisfaction. Effective corporate governance can positively impact corporate social transformation in line with stakeholder preferences.
Original languageEnglish
JournalCorporate Ownership and Control
Volume22
Issue number3
Pages (from-to)21-34
Number of pages14
ISSN1727-9232
DOIs
Publication statusPublished - 2025

    Research areas

  • Management studies - Corporate Governance, Board composition, CEO, Ownership Structure, corporate social performance, corporate Social Reporting, Stakeholder Agency Theory
  • Sustainability Science

DOI

Recently viewed

Publications

  1. Treatment or Documentation? Pareto Optimality in the Physicians’ Time Allocation
  2. Internationaler Masterstudiengang 'Sustainable Development and Management'
  3. Gaming musical instruments.
  4. Panel Cointegration Testing in the Presence of a Time Trend
  5. Links between media communication and local perceptions of climate change in an indigenous society
  6. Sustainability learnings from the COVID-19 crisis
  7. The Schöningen Middle Pleistocene sequence: a broader perspective.
  8. Decentralized planning and control for assembly areas driven by Gentelligent® parts
  9. Punitive Damages
  10. Unchanged food approach-avoidance behaviour of healthy men after oxytocin administration
  11. Discrimination at work: Effects on Job Satisfaction and Organizational Commitment. An empirical study of the influence of perceived discrimination on work-related behaviours among people with and without a migration background
  12. Article 28 Relationship with Existing International Conventions
  13. Nutzen Sie die "Aufmerksamkeit"
  14. Does CEO power moderate the link between ESG performance and financial performance?
  15. Effects of an orderly vs. cluttered online environment on user behavior
  16. The impact of distributed leadership on teacher commitment
  17. der schreiber schreibt
  18. The role of oxytocin in terror management processes
  19. Populismi
  20. Gods of tomorrow?
  21. "Konfrontative Pädagogik"
  22. Comprehensive meta-analysis of excess mortality in depression in the general community versus patients with specific illnesses.
  23. The science-policy interface on ecosystems and people
  24. Discussion report part 1
  25. Zur Situation der Informatik
  26. OH-radical reactivity and direct photolysis of triphenyltin hydroxide in aqueous solution
  27. Ronald David Laing
  28. A Reference Model for Data-driven Business Model Innovation Initiatives in Incumbent Firms
  29. The longitudinal prediction of costs due to health care uptake and productivity losses in a cohort of employees with and without depression or anxiety.
  30. Intrinsic, instrumental and relational values behind nature’s contributions to people preferences of nature visitors in Germany
  31. Large, particular bovids may require localised conservation effort to prevent extinction
  32. Environmental Policy and Landscape Architecture
  33. Schätzen – Aber wie?