This Paper studies the incentives for transparency under different forms of corporate governance in a context of … decision on the degree of transparency in a context of product market competition. When firms seeking outside finance resort to … transparency. More transparency about a firm's competitive position has both strategic advantages and disadvantages: in general …

We collect data on the rules and practices of financial and conflict disclosure by politicians in 175 countries …. Although two thirds of the countries have some disclosure laws, less than a third make disclosures available to the public …. Disclosure is more extensive in richer and more democratic countries. Disclosure is correlated with lower perceived corruption …

disclosure or introducing a derivatives market may backfire, aggravating fragility (in particular when the asset side of a … financial intermediary is opaque). It is found that the regulator should set together disclosure and prudential policy. The …

This paper studies product market competition under a strategic transparency decision. Dominant investors can influence … information collection in the financial market, and thereby corporate transparency, by affecting market liquidity or the cost of … information collection. More transparency on a firm's competitive position has both strategic advantages and disadvantages: in …

How does increasing globalization affect corporate transparency? Freer trade represents two facets and in theory has … ambiguous effects on corporate transparency. On the one hand, by exposing firms to more product market competition, it could … discourage discretionary disclosure. On the other hand, by opening up foreign markets and enhancing firms’ growth opportunities …

action and transparency on consequence are then used to interpret existing disclosure policies in politics, corporate … signal structure under which transparency on action is detrimental to the principal. The Paper also shows the existence of … complementarities between transparency on action and transparency on consequence. The results on the distinction between transparency on …

they perceive public scrutiny (accountability) as intrusive. Combining these findings implies that both goal-transparency …. It shows that goal-independence and goal-transparency (an explicit inflation target) at the central bank are substitute … ‘commitment technologies’ that reduce inflation and build credibility. In addition, goal-transparency is shown to be socially …

information disclosure practices and reveals a rich variety in the degree of central bank transparency. …Central bank transparency has become the topic of a lively public and academic debate on monetary policy. Unfortunately …, it has been complicated by the fact that transparency is a qualitative concept that is hard to measure. This Paper …

In this paper we investigate central bank accountability by looking at the effect of transparency in a simple monetary …'s accountability. The paper shows that transparency leads to a lower expected rate of inflation and less stabilization of supply shocks. … banker's preferences for inflation stabilization relative to output stabilization. Transparency enhances the central bank …