Corporate governance and corporate social responsibility: mapping the most critical drivers in the board academic literature

Abstract

Purpose

This study aims to provide the intellectual structure of the academic literature on board characteristics and corporate social responsibility disclosure (CSRD) and corporate social responsibility performance (CSRP). To do that, the authors analyse the main theories, data sources and methodologies used by researchers, providing information on methodological bias and research gaps. Beyond that, this study offers a novel picture of the most critical drivers of CSRP/CSRD and offer constructive suggestions to guide future research.

Design/methodology/approach

A content analysis was performed on 242 articles extracted from the Web of Science database from 1992 to 2019.

Findings

Results indicate that board characteristics have a significant and increasing impact on corporate social responsibility (CSR) literature. The results also revealed that the board practices play a crucial role in managing CSRP/CSRD-related issues. The study also identifies the effect of the critical board characteristics on CSRP, CSRD quantity and CSRD quality. Furthermore, the study findings provide an overarching picture of the patterns and trends of the systematic nexus between board characteristics and CSRP/CSRD quality and quantity.

Practical implications

The study findings help provide an overarching picture of the systematic nexus patterns and trends between board characteristics and CSRP/CSRD quality and quantity. These results draw potential future avenues to bridge the void in the current board–CSR literature by presenting fruitful and indispensable directions for future research (governance mechanisms, new methodologies, variables, countries, etc.). It also suggests multidimensional and in-depth insights for reforming the board of directors’ guidelines.

Originality/value

To the best of the authors’ knowledge, minimal attention has been paid to systematising the literature on board and CSR.

Citation

Dwekat, A., Seguí-Mas, E., Zaid, M.A.A. and Tormo-Carbó, G. (2022), "Corporate governance and corporate social responsibility: mapping the most critical drivers in the board academic literature", Meditari Accountancy Research, Vol. 30 No. 6, pp. 1705-1739. https://doi.org/10.1108/MEDAR-01-2021-1155