source disclosure always increases the agent's utility. If the hidden information emanates from effort productivity or effort … cost, disclosure also increases the firm's profit. If information emanates from the single source of utility/cash flow, non-disclosure … productivity. Under these conditions, non-disclosure can also be optimal if disclosure affects the agent's motivation …

The Extractive Industry Transparency Initiative (EITI) was launched in 2002 to improve transparency and accountability … Industry Transparency Initiative (EITI) with a view to ascertaining whether it is an exercise in futility. The paper is … particularly significant for its theoretical review of the role of the Extractive Industry Transparency Initiative (EITI) in …

, unaccountability and lack of transparency leading to cases of under-paid revenues and unaccounted oil produce in the Nigerian oil and …

the issues of "disclosure, transparency and ownership" as examples of how the current framework is broken. The problems … with the current approach to transparency and ownership - namely more rules leading to a "one-size-fits-all" approach, herd … fourteen jurisdictions (IV) and introducing an alternative disclosure model for "new generation firms" (V-VI) …

notice function of patents. One can think of the mechanisms for providing that market information as “Transparency ….”To address transparency insufficiencies, one need not write on a blank slate. Rather, this article suggests borrowing from the … substantial body of well-developed doctrine and literature concerning disclosure in the realm of corporate securities and explores …