MUQADDIMAH: Jurnal Ekonomi, Manajemen, Akuntansi dan Bisnis
Vol. 4 No. 1 (2026): Jurnal Ekonomi, Manajemen, Akuntansi dan Bisnis

Tinjauan Literatur Greenwashing: Peran Board Characteristics dan Political Connection

Reva Dhiya Ulhaq (University of Pembangunan Nasional Veteran Jawa Timur)
Vicky Vendy (University of Pembangunan Nasional Veteran Jawa Timur)



Article Info

Publish Date
31 May 2026

Abstract

Greenwashing has emerged as a major concern in sustainability reporting due to the growing demand for environmental, social, and governance (ESG) transparency. The increasing prevalence of greenwashing practices has encouraged extensive scholarly attention, particularly regarding the role of corporate governance mechanisms in mitigating such behavior. Despite the growing body of literature, findings concerning the influence of board characteristics and political connections on greenwashing remain fragmented and inconclusive. This literature review synthesizes evidence from 16 Scopus-indexed articles published between 2023 and 2025 to map research developments, identify dominant themes, and highlight existing research gaps. Articles were selected through a structured literature search using keywords related to greenwashing, board characteristics, ESG-washing, and political connections. The review indicates that research is concentrated around three major themes: the influence of board characteristics, the role of political connections, and greenwashing measurement using Natural Language Processing (NLP). Most empirical studies report that board gender diversity and board independence contribute to reducing greenwashing practices by strengthening monitoring and accountability mechanisms. In contrast, the impact of political connections remains inconsistent, with evidence showing both mitigating and exacerbating effects on greenwashing. Furthermore, NLP-based approaches have emerged as promising tools for detecting discrepancies between corporate sustainability disclosures and actual environmental performance. The review reveals limited evidence from developing countries and highlights opportunities for future research involving broader geographical contexts, additional governance variables, and more advanced analytical techniques.

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Journal Info

Abbrev

MUQADDIMAH

Publisher

Subject

Economics, Econometrics & Finance

Description

MUQADDIMAH: Jurnal Ekonomi, Manajemen, Akuntansi dan Bisnis presents actual studies on the field of management and business in the perspective of conventional economics and sharia economics. These studies are expected to enrich scientific treasures in the field of management and business so that ...