<scp>ESG</scp> , <scp>CSR</scp> Strategy, and Board‐Specific Skills: Further Evaluation Across the <scp>GCC</scp> Region

ABSTRACT This study employs panel data from GCC‐listed firms between 2018 and 2022 to investigate the relationship between corporate social responsibility (CSR) strategy and Environmental, Social, and Governance (ESG) level. Utilizing dynamic and non‐dynamic panel analysis, this study finds that firms with higher scores of CSR strategy disclose less ESG information than firms with lower scores. This outcome remains robust and passes multiple robustness checks. Notably, the research demonstrates that board characteristics positively influence ESG level, suggesting that good corporate governance results in more ESG disclosure. These findings deepen our understanding of these firm‐level variables and have implications that serve policy and decision‐makers, ultimately supporting national sustainability goals aligned with Sustainable Development Goals (SDGs).