...) contends that economic growth and environmental sustainability are incompatible, state-owned enterprises (SOEs) are used by governments as agents of development to achieve socioeconomic growth. Consequently, there is a growing demand for these enterprises to be environmentally responsible and sustainable...

... least squares regressions and a data set of 405 firms covering the period 2007 to 2019. The manuscript uses three measures of accounting conservatism: Basu’s 1997 timeliness of earnings, Basu’s 1997 earnings persistence and the book-to-market ratio. Findings State-owned enterprises (SOEs) adopt...