Journal of Business Ethics, 2025 (SSCI, Scopus)
This study investigates the relationship between Environmental, Social, and Governance (ESG) performance and the use of narcissistic rhetoric in corporate narrative disclosure. It also examines the moderating effect of board gender diversity on this relationship. Using 1659 firm-year observations from FTSE 350 companies between 2012 and 2021 through Natural Language Processing (NLP) techniques, we find that higher ESG performance is significantly associated with increased narcissistic rhetoric, indicating that companies often highlight their ESG achievements in a self-promotional manner. Additionally, our results suggest that higher women representation on board can mitigate this trend, with more diverse boards likely to temper narcissistic expressions. The research also uncovers a positive relationship between financial performance and narcissistic rhetoric. These findings contribute to the literature on organizational behavior and communication strategies, offering theoretical insights and practical implications for corporate leaders and policymakers.