---
_id: '65860'
abstract:
- lang: eng
  text: We investigate the role of stakeholders in the CSR reporting of non-listed
    savings banks in Germany. They are established by municipal trustees and serve
    clients in their distinct operating area. Reporting discretion under the Non-Financial
    Reporting Directive may lead to variation in CSR reporting due to differences
    in sustainability interests of banks’ stakeholders and CSR governance (e.g. existence
    of a CSR manager). We document that the CSR reports and specific CSR dimensions
    are intensely associated with the existence of strong CSR governance and to a
    lesser extent with the interests of municipal trustees and bank clients. However,
    the associations with these stakeholders are predominantly present in banks with
    strong CSR governance. Our findings inform policy discussions about detailed CSR
    disclosure requirements (e.g. the European Sustainability Reporting Standards)
    and extension of reporting scope to firms with regional orientation and absence
    of typical shareholders.
author:
- first_name: Maryna
  full_name: Gulenko, Maryna
  last_name: Gulenko
- first_name: Saskia
  full_name: Kohlhase, Saskia
  last_name: Kohlhase
- first_name: Urska
  full_name: Kosi, Urska
  last_name: Kosi
citation:
  ama: Gulenko M, Kohlhase S, Kosi U. The Role of Stakeholders in CSR Reporting of
    Non-Listed Banks. <i>Accounting in Europe</i>. Published online 2026:1-35. doi:<a
    href="https://doi.org/10.1080/17449480.2026.2631702">10.1080/17449480.2026.2631702</a>
  apa: Gulenko, M., Kohlhase, S., &#38; Kosi, U. (2026). The Role of Stakeholders
    in CSR Reporting of Non-Listed Banks. <i>Accounting in Europe</i>, 1–35. <a href="https://doi.org/10.1080/17449480.2026.2631702">https://doi.org/10.1080/17449480.2026.2631702</a>
  bibtex: '@article{Gulenko_Kohlhase_Kosi_2026, title={The Role of Stakeholders in
    CSR Reporting of Non-Listed Banks}, DOI={<a href="https://doi.org/10.1080/17449480.2026.2631702">10.1080/17449480.2026.2631702</a>},
    journal={Accounting in Europe}, publisher={Informa UK Limited}, author={Gulenko,
    Maryna and Kohlhase, Saskia and Kosi, Urska}, year={2026}, pages={1–35} }'
  chicago: Gulenko, Maryna, Saskia Kohlhase, and Urska Kosi. “The Role of Stakeholders
    in CSR Reporting of Non-Listed Banks.” <i>Accounting in Europe</i>, 2026, 1–35.
    <a href="https://doi.org/10.1080/17449480.2026.2631702">https://doi.org/10.1080/17449480.2026.2631702</a>.
  ieee: 'M. Gulenko, S. Kohlhase, and U. Kosi, “The Role of Stakeholders in CSR Reporting
    of Non-Listed Banks,” <i>Accounting in Europe</i>, pp. 1–35, 2026, doi: <a href="https://doi.org/10.1080/17449480.2026.2631702">10.1080/17449480.2026.2631702</a>.'
  mla: Gulenko, Maryna, et al. “The Role of Stakeholders in CSR Reporting of Non-Listed
    Banks.” <i>Accounting in Europe</i>, Informa UK Limited, 2026, pp. 1–35, doi:<a
    href="https://doi.org/10.1080/17449480.2026.2631702">10.1080/17449480.2026.2631702</a>.
  short: M. Gulenko, S. Kohlhase, U. Kosi, Accounting in Europe (2026) 1–35.
date_created: 2026-06-15T08:08:05Z
date_updated: 2026-06-22T11:36:07Z
department:
- _id: '186'
- _id: '551'
- _id: '635'
doi: 10.1080/17449480.2026.2631702
language:
- iso: eng
main_file_link:
- open_access: '1'
  url: https://doi.org/10.1080/17449480.2026.2631702
oa: '1'
page: 1-35
publication: Accounting in Europe
publication_identifier:
  issn:
  - 1744-9480
  - 1744-9499
publication_status: published
publisher: Informa UK Limited
status: public
title: The Role of Stakeholders in CSR Reporting of Non-Listed Banks
type: journal_article
user_id: '54068'
year: '2026'
...