In this paper, we analyse whether there is a difference in the transparency of sustainability reporting between listed state-owned enterprises (SOEs) and listed nonstate-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.
|Otsikko||A Dean, A Scholar, A Friend |
|Alaotsikko||Texts in appreciation of Markus Granlund|
|ISBN (elektroninen)|| 978-952-249-512-9|
|Tila||Julkaistu - 18 elokuuta 2017|
|OKM-julkaisutyyppi||B2 Vertaisarvioimaton artikkeli kirjassa|
|Sarja||Turun kauppakorkeakoulun julkaisuja. Sarja E 3|