This paper aims to provide a transparency assessment tool, highlighting the importance of disclosing qualitative … underpinning transparency in reporting as an enabler of public accountability ensure a more holistic approach in developing the … disclosure framework. The main contribution of this paper relates to its methodology, comprising both quantitative and …

I consider the role of firm transparency in shaping its capital structure. In a costly-state-verification model, the … optimally choose zero leverage and finance themselves with equity. If firms can increase their transparency at a cost – say by …

and regulatory framework for SOE disclosure and transparency. Some have made significant progress in terms of improving … information disclosure by SOEs with an accelerated process of corporatization of SOEs and adoption of adequate accounting … disclosure of financial and nonfinancial information about the activities of SOEs is critical. …