---
_id: '37088'
abstract:
- lang: eng
  text: We examine variation in mandatory CSR reporting practices based on a large
    sample of non-publicly listed savings banks in Germany. They do not have typical
    shareholders but rather are established by municipal trustees and can serve clients
    only in their distinct operating area. This setting permits us to identify demand
    for CSR information by their main stakeholder groups – municipal trustees and
    private and corporate clients. In this way, our analysis focuses on the double-materiality
    approach to CSR reporting. We find that demand for CSR information by supervisory
    board chairperson belonging to a left-wing or green party and the presence of
    more supervisory board members belonging to a left-wing or green party are associated
    with longer CSR reports and more disclosure on environmental, social, employee
    and human rights matters. In addition, competition for private clients and the
    sustainability orientation of corporate clients are associated with longer reports
    and more disclosure on environmental, employee and human rights matters. These
    findings suggest that savings banks’ CSR reports cater to their principal stakeholders’
    demand for CSR information.
author:
- first_name: Maryna
  full_name: Gulenko, Maryna
  id: '64226'
  last_name: Gulenko
- first_name: Saskia
  full_name: Kohlhase, Saskia
  last_name: Kohlhase
- first_name: Urska
  full_name: Kosi, Urska
  id: '54068'
  last_name: Kosi
citation:
  ama: 'Gulenko M, Kohlhase S, Kosi U. <i>CSR Reporting under the Non-Financial Reporting
    Directive: Evidence from Non-Publicly Listed Firms</i>.; 2022.'
  apa: 'Gulenko, M., Kohlhase, S., &#38; Kosi, U. (2022). <i>CSR Reporting under the
    Non-Financial Reporting Directive: Evidence from Non-publicly Listed Firms</i>.'
  bibtex: '@book{Gulenko_Kohlhase_Kosi_2022, title={CSR Reporting under the Non-Financial
    Reporting Directive: Evidence from Non-publicly Listed Firms}, author={Gulenko,
    Maryna and Kohlhase, Saskia and Kosi, Urska}, year={2022} }'
  chicago: 'Gulenko, Maryna, Saskia Kohlhase, and Urska Kosi. <i>CSR Reporting under
    the Non-Financial Reporting Directive: Evidence from Non-Publicly Listed Firms</i>,
    2022.'
  ieee: 'M. Gulenko, S. Kohlhase, and U. Kosi, <i>CSR Reporting under the Non-Financial
    Reporting Directive: Evidence from Non-publicly Listed Firms</i>. 2022.'
  mla: 'Gulenko, Maryna, et al. <i>CSR Reporting under the Non-Financial Reporting
    Directive: Evidence from Non-Publicly Listed Firms</i>. 2022.'
  short: 'M. Gulenko, S. Kohlhase, U. Kosi, CSR Reporting under the Non-Financial
    Reporting Directive: Evidence from Non-Publicly Listed Firms, 2022.'
date_created: 2023-01-17T12:40:09Z
date_updated: 2023-01-18T13:59:33Z
department:
- _id: '635'
- _id: '186'
- _id: '551'
keyword:
- Corporate social responsibility
- Mandatory reporting
- Non-publicly listed banks
- Double materiality
- Stakeholder groups
- Political influence
language:
- iso: eng
main_file_link:
- url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4040946
status: public
title: 'CSR Reporting under the Non-Financial Reporting Directive: Evidence from Non-publicly
  Listed Firms'
type: working_paper
user_id: '88603'
year: '2022'
...