Document Type
Journal Article
Publication Date
Winter 1-30-2020
Publication Title
Sustainable Stock Market and Sustainability Reporting Propensity of the Public Sector: Mediating Role of the Private Sector
Department
Computer Science and Information Systems
College/School
Arthur J. Bauernfeind College of Business
Abstract
The objective of this article is to investigate the mediating role of the private sector between sustainable stock markets (i.e., the existence of a sustainability index) and the sustainability reporting level of the public sector through spillover theory. The sample of the study consists of 115 country records for 2015 and 2016. The results confirm that the private sector mediates the association between sustainable stock markets and the sustainability reporting level of the public sector. Hence, establishing sustainability indices in stock markets first helps the private sector achieve a higher level of transparency, and then they indirectly help public organizations be more transparent and accountable to their stakeholders
Recommended Citation
This is an Accepted Manuscript of an article published by Taylor & Francis in International Journal of Public Administration on January 30, 2020 available online: https://doi.org/10.1080/01900692.2020.1719512