Since the nineties, transparency has gained significant attention in the eu context, being mainly viewed as a response to the lack of legitimacy and as a mean to cope with the democratic deficit. Furthermore, the notion of transparency has emerged in a wide range of other areas, ranging from legislation on financial matters to social law and to recruitment by the EU Institutions1. Despite the d...

The widely recognised transparency and openness since 1997 of the monetary policymaking process at the Bank of England has provided very detailed information on both the decisions of individual members of the Monetary Policy Committee and the information on which they are based. In this paper we conisder this decision making process in the context of a model in which inflation forecast targetin...

This paper examines capital market effects of changes in securities regulation. We analyze two key directives in the European Union (EU) that tightened market abuse and transparency regulation and its enforcement. All EU member states were required to adopt these two directives but did so at different points in time. Our research design exploits this differential timing of the same regulatory c...

Purpose Information transparency is crucially important in price setting real estate, particularly when information asymmetry concerned. This paper aims to examine how a change government policy relation disclosure and impacts residential estate discovery. Specially, this investigates traders determined asking prices the context of Scottish housing market before after implementation Home Report...

Along with the dispersion of the internet, it is a common hypothesis that market transparency will improve on account of the huge amount of easily accessible information. This hypothesis neglects problems of information quality. Under certain circumstances, there are incentives for suppliers to provide false information about their products on the internet, in order to differentiate from the co...