Do board networks fuel ESG controversies?

Irfan Haider Shakri, Chune Young Chung and Doojin Ryu

Finance Research Letters, 2025, vol. 83, issue C

Abstract: We examine the connection between board networks and ESG controversies by analyzing a large sample of US firm-year observations. Contrary to the expertise view of board networks, increased board interconnectedness is associated with a greater number of ESG controversies, aligning with the busyness perspective.

Keywords: Board connectedness; Board busyness; ESG controversies (search for similar items in EconPapers)
JEL-codes: D85 G30 Q56 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:83:y:2025:i:c:s1544612325009006

DOI: 10.1016/j.frl.2025.107641

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