@inbook{cb39e2c4e302405ba7704d1bc0ffc7af,
title = "Transparency of sustainability reporting: Listed State-Owned Enterprises vs. Non-State-Owned Enterprises",
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 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{\textquoteright}s reporting environment. Finally, we suggest several avenues for further research.",
author = "Hannu Schadewitz and Vieru, {Markku Jaakko}",
year = "2017",
month = aug,
day = "18",
language = "English",
series = "Turun kauppakorkeakoulun julkaisuja. Sarja E",
publisher = "Turun yliopisto",
pages = "149--168",
editor = "Kari Lukka",
booktitle = "A Dean, A Scholar, A Friend",
address = "Finland",
}