investments. The purpose of this paper is to open the "black box" of the construction of financial disclosure by analyzing the …, the quality of the financial disclosure and the internal reporting systems are measured, and analyzed with a view to … finding some links between them. It is expected that the quality of disclosure is dependent on the quality of the internal …

We investigate the economic consequences of additional disclosure about assets with no active market in terms of … liquidity, perception of information reliability and relevance. We use an experimental design: 181 MBA students are asked to … value 24 investments. We manipulate the level of disclosure on the fair value of assets (Limited versus Full), the …

increasing the probability of a financial crisis, and therefore provides an additional argument in favor of transparency in the …

This article analyses the effects of economic transparency on the optimal monetary policy in an economy affected by … the economy. Transparency is optimal as long as the central bank does not weight the stabilisation of the output gap too …

all participants but with ambiguity (partial transparency). We show that, in theory, both communication strategies are … reducing the degree of transparency. We run a laboratory experiment to test whether theoretical predictions hold in a game … either communication strategy. This paper, however, makes a case for partial transparency rather than partial publicity …

transparency on central bank forecasts. By modelling the private sector's behavior explicitly, we show that transparency reduces … the shocks. Consequently, transparency can be preferred. …

federation of NGOs), in which the classical notions of fraud and transparency prove to very ambiguous, so that accounting cannot … sense of Actor Network Theory (ANT). Beyond transparency that translation institutionalizes trough accounts, we raise an …