The study of transparency is increasingly a more topical, broadly relevant, but also more under-researched enterprise. The Asian financial crisis has highlighted not only the welfare consequences of financial sector transparency, sparking a series of yet unresolved debates, but has also linked this relatively narrow problem to the broader context of transparency in governance. Its significance ...

The role that financial information plays in facilitating the flow of capital between external providers of capital and the firm is less obvious for private firms compared with public firms. We find that private firms that choose to have their financial information reviewed by an independent external auditor (our proxy for financial transparency) experience significantly lower problems with gai...

Electronic markets use information technology to disseminate information on prices, quantities, and buyer and supplier identities. In spite of the recognized benefits of electronic markets, increased visibility and transparency may introduce imperfections, and create profitable opportunities to bypass markets that generates the information. In the U.S. securities markets, dissemination of marke...

We explore the connection between the country-level financial disclosure environment and innovative investment. There is strong evidence a more transparent disclosure environment lowers the cost and increases the availability of external equity finance, which should, in turn, impact the real activities most dependent on such financing. Using a variety of proxies for disclosure and transparency ...

In this study, we examine the relationship between financial literacy and bank reporting transparency for a sample of banks from U.S. Following prior literature, employ discretionary loan loss provisions (DLLP) as our primary measure transparency. We argue that their customers can influence managers’ behaviors with respect to both mechanics provisioning opportunistic actions. Financially litera...

Innovations in electronic banking in Iran have led to the development in capacities such as payment instruments and transactions by cards, which are known as electronic payment equipment in the Iranian banking network. Financial supervision is required to be increasingly based on reporting and regulatory processes to efficiently and proactively monitor risk and compliance at banks and financial...

The Treasury Single Account (TSA) policy was introduced to block financial leakages, promote transparency and prevent mismanagement of government's revenue, unifies all government accounts, enabling it prevent revenue loss and mismanagement by revenue-generating agencies. This research examines the effect of treasury single account policy on the public financial management in Nigeria. The objec...

The aim of this study is to determine the transparency levels financial institutions registered in Borsa Istanbul as 2018. In accordance with purpose study, frequency distribution data obtained by surveying was revealed. "Transparency and Disclosure Index" methodology developed Standard & Poor's (S&P) used survey. As a result, average level within scope research determined 81%. ...