Study title

The survey investigated how the new Limited Liability Housing Companies Act 2010 (Asunto-osakeyhtiölaki) functioned in Finland, what its impact had been and how it had been implemented. Separate surveys were conducted for shareholders of limited liability housing companies, members of governing boards, property managers and estate agents. This dataset contains the responses of shareholders of limited liability companies. The respondents were first asked basic information about the company, such as the types of buildings belonging to the company, number of apartments, business premises belonging to the company, and whether the company had a property manager and who was responsible for property management. Relating to management of the company, the respondents were asked about the ease of attracting new members to join the board of the company, interest shown by shareholders in the activities of the company, and improvement or decline of the management of the company after June 2010. With regards to auditing, the respondents were asked whether there was a person responsible for financial/performance audit in the company, whether performance audit (set out in the 2010 Act) had improved residents' access to information about the activities of the company, and whether the audit had benefited the company and increased trust for its management. Views were charted on information and communication by the company, for instance, by asking whether invitations to meetings were sent out early enough, whether board members and chair answered shareholders' questions in the meetings, and whether shareholders were notified early enough about important decisions and plans made by the board. Further questions charting communication probed improvement/decline in communication by the board and property manager after 2010, issues the board and/or property manager should notify the shareholders about (e.g. the company's financial situation, renovating and maintenance instructions), and...