Abstract
In recent years, a growing number of empirical studies has started to thoroughly analyze the nexus between corporate governance and corporate environmental performance. This chapter provides the first survey of the literature on this issue. In doing so, we describe the different ways of how internal (ownership, board of directors, and management) and external corporate governance (market for corporate control, institutional and regulatory environments) can impact corporate environmental performance and synthesize the most recent findings on the relation between the two constructs. We find that corporate governance has proved to be key in determining corporate environmental performance. Moreover, the effects of both internal and external corporate governance mechanisms are important drivers of corporate environmental performance. Taking these findings into account is crucial to understanding the nature and direction of the relationship between corporate governance and corporate environmental performance.