We consider the contracting problem between a firm and a manager. The manager provides productive efforts to increase the firm's financial performance and to reduce its carbon emissions. The outcome of these efforts depends on the manager's 'green' ability. The manager is interested in the...

The European Investment Bank Group is committed to being open and transparent with EU citizens and the wider public. The EIB Group Transparency Policy explains how the EIB Group ensures transparency and engages with stakeholders. It sets out how the Group publishes information proactively and...

This report calls for radical debt transparency, to shift from current, often opaque, practices toward full and timely disclosure. Since the World Bank's first comprehensive assessment of debt transparency in developing countries in 2021, more countries now report debt data, but there are...

Active transparency is developed through the provision of information by public administrations. However, for this information to be reusable, it must be offered through free licenses and open formats, two characteristics present in open data. This paper aims to investigate the disclosure of...

This paper quantifies the value of timely WTO notifications for Technical Barriers to Trade (TBTs). Using French firm-level export data, I find that advance notice halves the negative impact of TBTs on export participation, by reducing temporary exits and supporting entry, particularly among...

Public disclosure laws on politicians' outside income aim to enhance electoral accountability, but their effects remain unclear and may backfire. Using a German disclosure reform, administrative tax data, and a difference-in-difference design, we show that MPs increased their outside income...

Transparenzportale in der Entwicklungspolitik dienen zwei Kernfunktionen: Rechenschaftslegung gegenüber einem Fachpublikum und Kommunikation mit der breiteren Öffentlichkeit. In diesem Policy Brief zeigen wir anhand eines internationalen Vergleichs, wie Transparenzportale diesen Anforderungen...

Transparenzportale in der Entwicklungspolitik dienen zwei Kernfunktionen: Rechenschaftslegung gegenüber einem Fachpublikum und Kommunikation mit der breiteren Öffentlichkeit. In diesem Policy Brief zeigen wir anhand eines internationalen Vergleichs, wie Transparenzportale diesen Anforderungen...

Die Haushaltslage bleibt in NRW in den Jahren 2025 bis 2028 schwierig. Das zeigt sich im Entwurf für den Haushalt 2025 wie auch in der mittelfristigen Finanzplanung. Die Einhaltung der Vorgaben der Schuldenbremse gelingt im kommenden Jahr vor allem durch die geplante Rückführung sogenannter...

Diese Studie untersucht Open-Science-Praktiken in den Wirtschaftswissenschaften an deutschen Hochschulen und Forschungseinrichtungen. Insgesamt 314 Wissenschaftler:innen aus verschiedenen wirtschaftswissenschaftlichen Disziplinen haben an einer Online-Umfrage teilgenommen, um Fragen zu ihren...

Using a sample of Chinese listed firms over 2011-2020, this study examines the impact of digital finance on accounting information transparency. Our findings reveal an inverted U-shaped relationship between digital finance and accounting information transparency, suggesting that digital finance...

This article examines the potential implications of pursuing organizational transparency ideals in contemporary datafied societies, i.e., societies where multiple aspects of social life take the shape of digital data. The article develops a communication perspective of transparency which is...

This paper investigates the impact of price transparency on equilibrium prices and fees by considering a policy change implemented by Airbnb that affected the transparency of cleaning fees for IP addresses from the European Union (EU). Using a difference-in-differences approach, we find a...

Diese Studie erstellt und vergleicht Finanz- und Nachhaltigkeitsprofile für die Versorgungsanstalt des Bundes und der Länder (VBL) und ausgewählter EU Pensionskassen, um die Transparenz der Pensionskassen im Bereich des Nachhaltigen Investierens zu analysieren. Die Nachhaltigkeitskriterien...

While two-thirds of African countries can be considered resource-rich, taxation of the extractive sector is a challenge for these countries, which also need revenues to finance their development. An in-depth analysis of mining and petroleum rent sharing is therefore essential but is hindered by...

Stablecoin issuers can become subject to runs just like banks. This is because, in the absence of adequate regulation, issuers are incentivised to hold disproportionate amounts of high-yielding but illiquid assets in their reserve portfolios. The value of such reserve assets may be overly...

Die Haushaltslage bleibt in NRW in den Jahren 2025 bis 2028 schwierig. Das zeigt sich im Entwurf für den Haushalt 2025 wie auch in der mittelfristigen Finanzplanung. Die Einhaltung der Vorgaben der Schuldenbremse gelingt im kommenden Jahr vor allem durch die geplante Rückführung sogenannter...

We compare Transparency and Privacy in credit markets. A long-lived borrower, who has a risky investment opportunity, seeks loans from a sequence of short-lived lenders. Under Transparency, all the information about the past investment outcomes is shared among the future lenders, which helps the...

I study a central authority's ability to commit to a publicly announced mechanism in a one-to-one agent-object matching model. The authority announces a strategy-proof mechanism and then privately selects a mechanism to initiate a matching. An agent's observation in form of the final matching...

Die öffentliche Meinung findet Transparenz sympathisch, denn sie fördert eine offene und demokratische Gesellschaft. Privatpersonen tendieren hingegen zum Gegenteil und berufen sich dafür auf Grundrechte. Es bedarf deshalb einer Abwägung zwischen der Transparenz für Demokratie und faire...

An IMF team found that Panama has a cash-based system of budgeting and accounting that generates good information on many aspects of public finances. There are, however, many weaknesses in the system which diverge from the sound practices included in the Fund's Fiscal Transparency Code. Panama's...