ABSTRACT:-The transparency principle of limited company is required to increase the confidence, support, and participation of stakeholders or all parties concerned with the company. Function and authority of company organ needs to be done in a transparent manner to achieve Good Corporate Governance. This study was a sociojuridical research, in the field of civil law, particularly with regard to corporate law. The populations of this study are directors, shareholders, commissioner, consumers in the form of a limited company in South Sulawesi province. The samples are part of population and it determined by purposive technique. The results shows that basic concepts of transparency were an attitude or action of the company to disclose entire business and information material about the effects that can affect the decisions of investors or other stakeholders. Information disclosure is determined by three factors: clear, accurate, and timely. These third determines the quality of information presented by the company. The level of transparency tends to be higher in term of nonfinancial information, but instead tend to be closed when it comes to financial information, particularly on the closed company or not a public company.

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