Accountability disclosure of SOEs: comparing hybrid and private European news agencies

Yetano, A. (Universidad de Zaragoza) ; Sorrentino, D.

Resumen: Purpose: This paper aims to explore the financial and non-financial accountability disclosure patterns of state-owned enterprises (SOEs), as hybrid organizations. Design/methodology/approach: Adopting the hybridity concept and resorting to stakeholder theory, this paper works on a comparison between the accountability disclosure patterns of hybrid and private organizations operating in the same industry. European national news agencies are selected as units of analysis and an extensive web content analysis is performed on three categories of information. Findings: SOEs are found to disclose a broader spectrum of information than private organizations, and differences between them have been found. Nevertheless, both financial and non-financial disclosures are underdeveloped in the two organizational types. Research limitations/implications: This paper illustrates how hybridity explains SOEs’ accountability disclosure patterns. Results could not be complemented through information on disclosure through alternative channels. Future studies are encouraged to perform simultaneous comparisons among hybrid, public and private organizations, as well as considering industry specifics. Practical implications: As web accountability disclosure helps to address the demands of distant stakeholders, efforts are needed to enhance SOEs’ web accountability disclosures and not to undermine democratic accountability relationships. Originality/value: This paper contributes to the ongoing debate on the accountability mechanisms and style of SOEs. Using a framework for hybrid organizations provides an understanding of how SOEs, as hybrid organizations, disclose information for accountability. In turn, this allows, and then promotes, the investigation of social phenomena by conceiving hybridity as a standalone institutional space.

Idioma: Inglés

DOI: 10.1108/MEDAR-04-2020-0873

Año: 2021

Publicado en: Meditari Accountancy Research 31, 2 (2021), 294-319
ISSN: 2049-372X

Factor impacto CITESCORE: 3.8 - Economics, Econometrics and Finance (Q1) - Business, Management and Accounting (Q2)

Factor impacto SCIMAGO: 0.606 - Economics, Econometrics and Finance (miscellaneous) (Q1) - Accounting (Q1)

Financiación: info:eu-repo/grantAgreement/ES/AEI/PID2020-113905GB-I00
Financiación: nfo:eu-repo/grantAgreement/ES/DGA-FEDER/S56-20R

Tipo y forma: Artículo (PostPrint)

Área (Departamento): Área Economía Finan. y Contab. (Dpto. Contabilidad y Finanzas)