{"id":"https://openalex.org/W4386095191","doi":"https://doi.org/10.1002/bse.3540","title":"Co\u2010opted board, environment, social and governance","display_name":"Co\u2010opted board, environment, social and governance","publication_year":2023,"publication_date":"2023-08-22","ids":{"openalex":"https://openalex.org/W4386095191","doi":"https://doi.org/10.1002/bse.3540"},"language":"en","primary_location":{"id":"doi:10.1002/bse.3540","doi":"https://doi.org/10.1002/bse.3540","is_oa":true,"landing_page_url":"https://doi.org/10.1002/bse.3540","pdf_url":"https://onlinelibrary.wiley.com/doi/pdfdirect/10.1002/bse.3540","source":{"id":"https://openalex.org/S205793605","display_name":"Business Strategy and the Environment","issn_l":"0964-4733","issn":["0964-4733","1099-0836"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-2","norway-1","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Business Strategy and the Environment","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://onlinelibrary.wiley.com/doi/pdfdirect/10.1002/bse.3540","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5030489870","display_name":"Sakkakom Maneenop","orcid":"https://orcid.org/0000-0002-9261-9526","observed_orcids":["https://orcid.org/0000-0002-9261-9526"]},"institutions":[{"id":"https://openalex.org/I108108428","display_name":"Thammasat University","ror":"https://ror.org/002yp7f20","country_code":"TH","type":"education","lineage":["https://openalex.org/I108108428"]}],"countries":["TH"],"is_corresponding":false,"raw_author_name":"Sakkakom Maneenop","raw_affiliation_strings":["Thammasat Business School, Thammasat University, Bangkok, Thailand"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Thammasat Business School, Thammasat University, Bangkok, Thailand","institution_ids":["https://openalex.org/I108108428"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5010329170","display_name":"Chaiyuth Padungsaksawasdi","orcid":"https://orcid.org/0000-0002-2307-4454","observed_orcids":["https://orcid.org/0000-0002-2307-4454"]},"institutions":[{"id":"https://openalex.org/I108108428","display_name":"Thammasat University","ror":"https://ror.org/002yp7f20","country_code":"TH","type":"education","lineage":["https://openalex.org/I108108428"]}],"countries":["TH"],"is_corresponding":false,"raw_author_name":"Chaiyuth Padungsaksawasdi","raw_affiliation_strings":["Thammasat Business School, Thammasat University, Bangkok, Thailand"],"raw_orcid":"https://orcid.org/0000-0002-2307-4454","affiliations":[{"raw_affiliation_string":"Thammasat Business School, Thammasat University, Bangkok, Thailand","institution_ids":["https://openalex.org/I108108428"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5081482458","display_name":"Sirimon Treepongkaruna","orcid":"https://orcid.org/0000-0002-3096-8499","observed_orcids":["https://orcid.org/0000-0002-3096-8499"]},"institutions":[{"id":"https://openalex.org/I158708052","display_name":"Chulalongkorn University","ror":"https://ror.org/028wp3y58","country_code":"TH","type":"education","lineage":["https://openalex.org/I158708052"]},{"id":"https://openalex.org/I177877127","display_name":"The University of Western Australia","ror":"https://ror.org/047272k79","country_code":"AU","type":"education","lineage":["https://openalex.org/I177877127"]}],"countries":["AU","TH"],"is_corresponding":true,"raw_author_name":"Sirimon Treepongkaruna","raw_affiliation_strings":["Sasin School of Management, Chulalongkorn University, Bangkok, Thailand","UWA Business School, The University of Western Australia, Perth, Australia"],"raw_orcid":"https://orcid.org/0000-0002-3096-8499","affiliations":[{"raw_affiliation_string":"Sasin School of Management, Chulalongkorn University, Bangkok, Thailand","institution_ids":["https://openalex.org/I158708052"]},{"raw_affiliation_string":"UWA Business School, The University of Western Australia, Perth, Australia","institution_ids":["https://openalex.org/I177877127"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5081482458"],"corresponding_institution_ids":["https://openalex.org/I158708052","https://openalex.org/I177877127"],"apc_list":{"value":4070,"currency":"USD","value_usd":4070},"apc_paid":{"value":4070,"currency":"USD","value_usd":4070},"fwci":7.7347,"has_fulltext":true,"cited_by_count":36,"citation_normalized_percentile":{"value":0.96996335,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":93,"max":100},"biblio":{"volume":"33","issue":"2","first_page":"1161","last_page":"1172"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10115","display_name":"Corporate Social Responsibility Reporting","score":0.8984000086784363,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10115","display_name":"Corporate Social Responsibility Reporting","score":0.8984000086784363,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.08020000159740448,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13957","display_name":"Corporate Governance and Financial Management","score":0.0052999998442828655,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/board-composition","display_name":"board composition","score":0.6000000238418579},{"id":"https://openalex.org/keywords/esg-performance","display_name":"ESG performance","score":0.7519999742507935},{"id":"https://openalex.org/keywords/corporate-governance","display_name":"corporate governance","score":0.578000009059906},{"id":"https://openalex.org/keywords/ceo-succession","display_name":"CEO succession","score":0.6710000038146973},{"id":"https://openalex.org/keywords/managerial-myopia","display_name":"managerial myopia","score":0.8259999752044678},{"id":"https://openalex.org/keywords/board-oversight","display_name":"board oversight","score":0.49000000953674316},{"id":"https://openalex.org/keywords/sustainable-development","display_name":"sustainable development","score":0.7580000162124634},{"id":"https://openalex.org/keywords/long-term-investment","display_name":"long-term investment","score":0.49399998784065247}],"concepts":[{"id":"https://openalex.org/C610760","wikidata":"https://www.wikidata.org/wiki/Q1340706","display_name":"Endogeneity","level":2,"score":0.8369914293289185},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.7992491126060486},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6821024417877197},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.6665902137756348},{"id":"https://openalex.org/C66204764","wikidata":"https://www.wikidata.org/wiki/Q219416","display_name":"Sustainability","level":2,"score":0.6089558601379395},{"id":"https://openalex.org/C201305675","wikidata":"https://www.wikidata.org/wiki/Q852998","display_name":"Stakeholder","level":2,"score":0.6034157276153564},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.5729684829711914},{"id":"https://openalex.org/C98045186","wikidata":"https://www.wikidata.org/wiki/Q205663","display_name":"Process (computing)","level":2,"score":0.561873197555542},{"id":"https://openalex.org/C141261163","wikidata":"https://www.wikidata.org/wiki/Q218600","display_name":"Corporate social responsibility","level":2,"score":0.46079522371292114},{"id":"https://openalex.org/C2780984029","wikidata":"https://www.wikidata.org/wiki/Q2930198","display_name":"Stakeholder engagement","level":2,"score":0.4600756764411926},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.4570396840572357},{"id":"https://openalex.org/C2780473208","wikidata":"https://www.wikidata.org/wiki/Q1668727","display_name":"Sustainability reporting","level":3,"score":0.4283868372440338},{"id":"https://openalex.org/C39549134","wikidata":"https://www.wikidata.org/wiki/Q133080","display_name":"Public relations","level":1,"score":0.32140570878982544},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2594965696334839},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.24433043599128723},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.09894785284996033},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.07481250166893005},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1002/bse.3540","doi":"https://doi.org/10.1002/bse.3540","is_oa":true,"landing_page_url":"https://doi.org/10.1002/bse.3540","pdf_url":"https://onlinelibrary.wiley.com/doi/pdfdirect/10.1002/bse.3540","source":{"id":"https://openalex.org/S205793605","display_name":"Business Strategy and the Environment","issn_l":"0964-4733","issn":["0964-4733","1099-0836"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-2","norway-1","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Business Strategy and the Environment","raw_type":"journal-article"},{"id":"pmh:oai:pure.atira.dk:openaire/25211f2b-79b5-49df-a36d-5b192d49b974","doi":null,"is_oa":true,"landing_page_url":"https://research-repository.uwa.edu.au/en/publications/25211f2b-79b5-49df-a36d-5b192d49b974","pdf_url":null,"source":{"id":"https://openalex.org/S4306402492","display_name":"UWA Profiles and Research Repository (UWA)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I177877127","host_organization_name":"The University of Western Australia","host_organization_lineage":["https://openalex.org/I177877127"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Maneenop, S, Padungsaksawasdi, C & Treepongkaruna, S 2024, 'Co-opted board, environment, social and governance', Business Strategy and the Environment, vol. 33, no. 2, pp. 1161-1172. https://doi.org/10.1002/bse.3540","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":{"id":"doi:10.1002/bse.3540","doi":"https://doi.org/10.1002/bse.3540","is_oa":true,"landing_page_url":"https://doi.org/10.1002/bse.3540","pdf_url":"https://onlinelibrary.wiley.com/doi/pdfdirect/10.1002/bse.3540","source":{"id":"https://openalex.org/S205793605","display_name":"Business Strategy and the Environment","issn_l":"0964-4733","issn":["0964-4733","1099-0836"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-2","norway-1","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Business Strategy and the Environment","raw_type":"journal-article"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4386095191.pdf","grobid_xml":"https://content.openalex.org/works/W4386095191.grobid-xml"},"referenced_works_count":68,"referenced_works":["https://openalex.org/W401161709","https://openalex.org/W1933125143","https://openalex.org/W1993612039","https://openalex.org/W1994451842","https://openalex.org/W2036829732","https://openalex.org/W2040669847","https://openalex.org/W2040816020","https://openalex.org/W2044148486","https://openalex.org/W2055595553","https://openalex.org/W2057551514","https://openalex.org/W2072559981","https://openalex.org/W2086867748","https://openalex.org/W2087180813","https://openalex.org/W2096167588","https://openalex.org/W2099114022","https://openalex.org/W2106439192","https://openalex.org/W2108267835","https://openalex.org/W2109556162","https://openalex.org/W2141958938","https://openalex.org/W2146200864","https://openalex.org/W2156832848","https://openalex.org/W2271674507","https://openalex.org/W2517696932","https://openalex.org/W2546636161","https://openalex.org/W2588234720","https://openalex.org/W2751336352","https://openalex.org/W2752617332","https://openalex.org/W2785606188","https://openalex.org/W2810937180","https://openalex.org/W2898118685","https://openalex.org/W2940570705","https://openalex.org/W2950298208","https://openalex.org/W2952960196","https://openalex.org/W3009289160","https://openalex.org/W3019863461","https://openalex.org/W3021084400","https://openalex.org/W3023181463","https://openalex.org/W3049032936","https://openalex.org/W3082574579","https://openalex.org/W3111108203","https://openalex.org/W3119188950","https://openalex.org/W3122220309","https://openalex.org/W3122337292","https://openalex.org/W3122637150","https://openalex.org/W3123419065","https://openalex.org/W3124006715","https://openalex.org/W3124123998","https://openalex.org/W3125399333","https://openalex.org/W3125428937","https://openalex.org/W3125822274","https://openalex.org/W3125906709","https://openalex.org/W3128871793","https://openalex.org/W3129837518","https://openalex.org/W3183450257","https://openalex.org/W3196215210","https://openalex.org/W3206901642","https://openalex.org/W4200589997","https://openalex.org/W4214888387","https://openalex.org/W4220672385","https://openalex.org/W4221117462","https://openalex.org/W4233075943","https://openalex.org/W4249624191","https://openalex.org/W4280493270","https://openalex.org/W4306688996","https://openalex.org/W4307813112","https://openalex.org/W4309525943","https://openalex.org/W4313596561","https://openalex.org/W4362591222"],"related_works":["https://openalex.org/W4387705115","https://openalex.org/W6998594153","https://openalex.org/W4367396144","https://openalex.org/W4392975693","https://openalex.org/W4405696931","https://openalex.org/W4390918368","https://openalex.org/W4384203730","https://openalex.org/W4404927661","https://openalex.org/W4312200356","https://openalex.org/W4312110210"],"abstract_inverted_index":{"Abstract":[0],"The":[1],"ultimate":[2],"goal":[3],"shared":[4],"by":[5,127],"society":[6],"is":[7,43,91],"sustainable":[8],"development,":[9],"a":[10,92],"process":[11],"of":[12,19,28,60],"addressing":[13],"current":[14],"needs":[15],"without":[16],"sacrificing":[17],"resources":[18],"future":[20],"generations.":[21],"To":[22],"achieve":[23],"sustainability,":[24],"companies":[25],"should":[26],"consider":[27],"environmental,":[29],"social,":[30],"and":[31],"governance":[32,107],"(ESG)":[33],"in":[34,40,89,119],"their":[35],"stakeholder":[36],"engagement":[37],"process.":[38],"Investment":[39],"ESG":[41,72,86,90],"activities":[42],"unavoidably":[44],"decided":[45],"at":[46],"the":[47,58,65,98,102,120],"board,":[48],"making":[49],"board":[50],"characteristics":[51],"become":[52],"crucial":[53],"for":[54],"sustainability.":[55],"We":[56,123],"explore":[57],"effect":[59],"co\u2010opted":[61,80,103],"directors,":[62,104],"appointed":[63],"after":[64],"incumbent":[66],"CEO":[67],"assumes":[68],"office,":[69],"on":[70],"corporate":[71,94],"performance.":[73,87],"Our":[74],"findings":[75],"show":[76],"that":[77],"firms":[78],"with":[79,97,109],"directors":[81],"tend":[82],"to":[83,117],"have":[84],"poorer":[85],"Investing":[88],"long\u2010run":[93],"policy.":[95],"Consistent":[96],"managerial":[99],"myopia":[100],"hypothesis,":[101],"representing":[105],"weaker":[106],"mechanisms":[108],"ineffective":[110],"monitoring":[111],"roles,":[112],"provide":[113],"managers":[114],"fewer":[115],"incentives":[116],"invest":[118],"long":[121],"run.":[122],"address":[124],"endogeneity":[125],"concerns":[126],"conducting":[128],"instrumental":[129],"variable":[130],"analyses.":[131]},"counts_by_year":[{"year":2026,"cited_by_count":13},{"year":2025,"cited_by_count":15},{"year":2024,"cited_by_count":6},{"year":2023,"cited_by_count":2}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2023-08-24T00:00:00"}