Do board characteristics impact greenwashing? Moderating role of CSR committee

董事会特征是否会影响“漂绿”行为?企业社会责任委员会的调节作用

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Abstract

The study examines the role of board characteristics (board gender diversity, independence, and foreign-experienced directors) on greenwashing with the corporate social responsibility (CSR) committee as moderator. The study employed data for the period 2014-2023 drawn from CSMAR and infinitive database. Regression analysis was performed and the results revealed that board gender diversity, independence, and foreign-experienced directors negatively influence greenwashing among Chinese listed firms. Additionally, the CSR committee negatively moderates the board characteristics-greenwashing relationship. The study offers important implications for practitioners and regulators.

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