The phenomenon of the financial crisis is not a new phenomenon around the world. The structure of an economy or a set of economies may face a financial crisis. In fact, it is deformation, dimensions, causes and roots of the financial crisis which create a state of change from this crisis. Recently, evidence has shown that the market value of firms subject to bankruptcy is significantly reduced....

We show real effects in the banking sector that emanate from financial reporting transparency in the industrial sector. Prior research documents that transparency improves industrial firms’ access to arm’s-length financing via capital markets. We posit that this diminished reliance on banks increases competition in banks’ product markets, and forces them to offset their lost rents by (i) taking...

equate public trust. In this study, we analyze Chinese grassroots organizations’ level of transparency with respect to four aspects: basic information, governance, finance, and activity transparency. We examine factors that may influence transparency and test the effects of transparency on organizations’ donation and grant income. Our findings suggest that Chinese grassroots human service organ...

The Asian financial crisis in the late 1990s not only highlighted the welfare consequences of transparency in the financial sector but also linked this relatively narrow problem to the broader context of transparency in governance. It has been observed that objections to transparency, often on flimsy pretexts, are common even in industrialized countries. This article argues that transparency is...

This article examines the issues of accountability and transparency of government finance in Ukraine. The research explains the significance of financial accountability for the economic improvement and civil society development. The study defines the instruments that contribute to government accountability in the digital world. The key problems of ensuring financial accountability and transpare...

Ranking of a company's financial information is one of the most important tools for identifying strengths and weaknesses and identifying opportunities and threats outside the company. In this study, it is attempted to examine the financial statements of companies to rank and explain the transparency of financial information of 198 companies during 2009-2017 using artificial intelligence and neu...