AKUNTANSI DEWANTARA
Vol 10 No 1 (2026): Vol 10 No 1 (2026): AKUNTANSI DEWANTARA VOL. 10 NO 1 APRIL 2026

CORPORATE GOVERNANCE AND ESG PERFORMANCE: A LITERATURE REVIEW OF MEASUREMENT PROXIES AND EMPIRICAL FINDINGS

Novia rizki (Universitas Mataram)
Victoria K. Priyambodo (Universitas Mataram)
Tri Hanani (Universitas Mataram)
Paradisa Sukma (Universitas Mataram)



Article Info

Publish Date
30 Apr 2026

Abstract

This study aims to examine the relationship between corporate governance and ESG (Environmental, Social, and Governance) performance by identifying measurement proxies and synthesizing empirical findings from previous studies. The method employed is a narrative literature review of 25 Scopus-indexed journal articles. The governance mechanisms examined include board characteristics, namely board size, board independence, CEO duality, gender diversity, expertise and educational background, as well as ownership structures, including institutional, foreign, family, and state ownership. The results indicate that most governance mechanisms positively affect on ESG performance, particularly gender diversity, board independence, environmental expertise, institutional ownership, and foreign ownership. However, several studies report inconsistent regarding board size, CEO duality, and state ownership. These findings confirm that corporate governance is a critical factor in supporting sustainability strategies and enhancing ESG performance

Copyrights © 2026






Journal Info

Abbrev

akuntansidewantara

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Akuntansi Dewantara Fakultas Ekonomi Universitas Sarjanawiyata Tamansiswa merupakan media publikasi karya ilmiah. Jurnal ini akan kami terbitkan secara berkala untuk setiap periode (April dan Oktober) tiap tahunnya. Tujuan Jurnal Akuntansi Dewantara Fakultas Ekonomi adalah untuk ...