What is it about?
We demonstrate how the personal characteristics of CEOs and board members relate to the ESG performance of Finnish private companies. Our results reveal that their educational qualifications has a positive impact on their firms' ESG performance, while their age and income indicate an adverse impact on their firms’ total ESG performance.
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Why is it important?
The significance of this research lies in its contribution to the ongoing dialogue surrounding corporate governance and sustainability. Understanding how the characteristics of the CEO and board members impact ESG performance is critical for fostering effective governance structures that align with broader societal and environmental goals. This paper will undoubtedly appeal to a diverse readership, including academics, practitioners, and policymakers, interested in gaining deeper insights into the intersection of business strategy, corporate governance and sustainability.
Perspectives
It was a great pleasure working on this research. Particularly, it was very interesting discovering how the characteristics of the executives relate with their firms performance.
Blessing Oyinlola
University of Oulu, Finland
Read the Original
This page is a summary of: Do CEO and board characteristics matter in the ESG performance of their firms?, Corporate Governance, February 2025, Emerald,
DOI: 10.1108/cg-01-2024-0052.
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