期刊名称:Proceedings of the International Conference on Business Excellence
电子版ISSN:2558-9652
出版年度:2020
卷号:14
期号:1
页码:371-384
DOI:10.2478/picbe-2020-0036
语种:English
出版社:Sciendo
摘要:Taking into account that the transparency is a quality of communication of sustainability information,as well as the role of digitalisation in ensuring the transparency,we proposed to study the perception of real estate entities related to promoting transparency in the relationship with stakeholders and the integration of information and communication technology in their business models. Applying a qualitative approach,we critically analysed the sustainability reports published by real estate companies from the EU,which represent important non-financial information sources for stakeholders. Transparency is mainly reflected in corporate governance,as real estate entities are increasingly concerned with maintaining open relationships with stakeholders and knowing their expectations to integrate them into the business strategy. We have noticed a broader approach of transparency in REIT entities and in reports that include an assurance statement. New digital technologies serve the purpose of improving transparency,which,although still poorly explored in real estate,offer new solutions to increase the efficiency and productivity of real estate activities. Property technology can improve real estate market transparency and liquidity,bringing lower transaction costs,which should positively impact the value of investment assets.