B2 Non-refereed book chapter or chapter in a compilation book
Transparency of sustainability reporting: Listed State-Owned Enterprises vs. Non-State-Owned Enterprises
Authors: Hannu Schadewitz, Markku Vieru
Editors: Kari Lukka
Publishing place: Turku
Publication year: 2017
Book title : A Dean, A Scholar, A Friend - Texts in appreciation of Markus Granlund
Series title: Turun kauppakorkeakoulun julkaisuja
Number in series: Sarja - ser. E 3
First page : 149
Last page: 168
ISBN: 978-952-249-512-9
ISSN: 2342-4796
Web address : http://www.doria.fi/handle/10024/143715
Self-archived copy’s web address: https://research.utu.fi/converis/portal/detail/Publication/26816481
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. |  |
