Two Decades of Board Co-Option Research: A Scoping Review

This study conducts a scoping review of board co-option research published between 2002 and 2023. We examined 30 articles from the Scopus database using a scoping review methodology. Our qualitative analysis provides scholars and practitioners with a comprehensive understanding of the impact of board co-option on firm performance and risk management practices. Additionally, our study contributes to the literature by exploring the theoretical foundations of board co-option analysis, the primary focus of most studies, and potential areas for future research.