Why do some nonprofits signal their respect for accountability via unilateral website disclosures? We develop an Accountability Index to examine the websites of 200 U.S. nonprofits ranked in the Chronicle of Philanthropy’s 2010 “Philanthropy 400.” Our intuition is that nonprofits recognize...

What are the welfare effects of enhanced disclosures of public information - Is it always the case, that frequent and timely publication of economic statistics by government agencies and the central bank are desirable - This question has become one of several interlinked strands of debate on the...