to promote greater local benefit capture. Practitioners and academics have noted, however, that transparency alone does …

We look at the effect of transparency on the incidence of costly back-scratching in a laboratory setting by … transparency. A plausible story that fits our results is that there may be two countervailing forces at play. First, more rapid … policy makers about the limits of transparency in curtailing "grey" types of corruption. …

We explore whether the transparency in banks' lending activities enhances the harmonization of credit terms that a bank … information on loan characteristics and performance. We find that loans originated under the transparency regime share more … convergence in their credit terms, suggesting that transparency facilitates learning across a bank's different geographic regions …

details, which leads to mistrust. We argue that lack of transparency may explain high dropout rates in Ghana and other …

I consider the role of firm transparency in shaping its capital structure. In a costly-state-verification model, the … optimally choose zero leverage and finance themselves with equity. If firms can increase their transparency at a cost – say by …

provide guidance for improving transparency while maintaining trader confidentiality. In addition, we analyze liquidity in the …