Greenwashing: Corporate governance, behavior, and consequences

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Greenwashing poses risks to true environmental accountability in companies, emphasizing the need for transparency.
Factors like increased independent directors and institutional ownership can significantly curb greenwashing practices.
Literature review highlights critical gaps in corporate responsibility, especially regarding environmental claims.
Awareness and improved governance strategies are essential for combating deceptive environmental marketing tactics.

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Literature review identifies greenwashing causes and shareholder influence on corporate governance.

Artem Mikhailovich Shaposhnikov (2025) studied this question.

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