B2 Book chapter
Transparency of sustainability reporting: Listed State-Owned Enterprises vs. Non-State-Owned Enterprises




List of Authors: Hannu Schadewitz, Markku Vieru
Place: Turku
Publication year: 2017
Book title *: A Dean, A Scholar, A Friend - Texts in appreciation of Markus Granlund
Title of series: Turun kauppakorkeakoulun julkaisuja
Number in series: Sarja - ser. E 3
ISBN: 978-952-249-512-9
ISSN: 2342-4796

Abstract

In this paper, we analyse whether there is a difference
in the transparency of sustainability reporting between listed state-owned
enterprises (SOEs) and listed non-state-owned enterprises (non-SOEs). Employing
theoretical approaches (chiefly stakeholder and legitimization theories), we
concluded that a wider set of assignments and duties for SOEs call on these
companies to expand their sustainability reporting relative to non-SOEs.
Transparency is quantified using the widely applied GRI index and its sub-indices.
The proposition receives strong support from Finland, where the state is the
most significant owner of listed companies in Europe. The result suggests that the
state as a shareholder of a listed company results in an observable distinction
in a company’s reporting environment. Finally, we suggest several avenues for
further research.


Downloadable publication

This is an electronic reprint of the original article.
This reprint may differ from the original in pagination and typographic detail. Please cite the original version.




Last updated on 2019-21-08 at 23:26