The Role of Stakeholders in CSR Reporting of Non-Listed Banks

Jahr: 2026

Typ: Journal Publication

Fachzeitschrift: Accounting in Europe

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.

Veröffentlichungsinformationen

TRR 266 researchers

Urska Kosi Paderborn University

Urska Kosi is Professor for Financial Accounting and Auditing at Paderborn University. Her research interests include corporate debt markets, in particular the effects of financial and sustainability reporting on corporate debt financing, economic consequences of financial reporting practices in private firms and political process of standard setting. She is member of the editorial board of Accounting in Europe and the national representative of Germany at the European Accounting Association.

External researchers

Maryna Gulenko

Saskia Kohlhase

Start Page

End Page

DOI

DOI Link

Zugehörige Projekte

B02

Private Firm Transparency

+ 6

Beteiligte Institutionen

Die Hauptstandorte vom TRR 266 sind die Universität Paderborn (Sprecherhochschule), die HU Berlin und die Universität Mannheim. Alle drei Standorte sind seit vielen Jahren Zentren für Rechnungswesen- und Steuerforschung. Hinzu kommen Wissenschaftler der LMU München, der Frankfurt School of Finance and Management, der Goethe-Universität Frankfurt, der Universität zu Köln, der Leibniz Universität Hannover und der TU Darmstadt, die die gleiche Forschungsagenda verfolgen.