2007
DOI: 10.1017/cbo9780511510533
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Full Disclosure

Abstract: Governments in recent decades have employed public disclosure strategies to reduce risks, improve public and private goods and services, and reduce injustice. In the United States, these targeted transparency policies include financial securities disclosures, nutritional labels, school report cards, automobile rollover rankings, and sexual offender registries. They constitute a light-handed approach to governance that empowers citizens. However, as Full Disclosure shows these policies are frequently ineffectiv… Show more

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Cited by 625 publications
(85 citation statements)
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References 164 publications
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“…are required to control corruption. Indeed, the promise of transparency is not satisfied with the mere existence of laws, but would seem to depend on institutional quality (Fung et al, 2007;Hood and Heald, 2006).…”
Section: Discussionmentioning
confidence: 99%
“…are required to control corruption. Indeed, the promise of transparency is not satisfied with the mere existence of laws, but would seem to depend on institutional quality (Fung et al, 2007;Hood and Heald, 2006).…”
Section: Discussionmentioning
confidence: 99%
“…A lack of transparency leading to misallocation of organizational resources is often an important reason for such failures. The recognition of the pervasiveness of such accountability challenges across organizational types has motivated policy and legal scholars to explore the potential of information-based regulation (Gormley and Weimer 1999;Blackman et al 2004;Weil et al 2006;Fung et al 2007). 1 The premise of this regulatory approach is two fold.…”
Section: Introductionmentioning
confidence: 99%
“…The issue of quality information signaling and disclosure has attracted contribution from eminent scholars like the one in [46] who wrote a book titled "blacked out: government secrecy in the information age". This seminal work motivated more work on product information disclosures [47]. The pillars of a product's bad or good news representation were laid by [48] [52].…”
Section: Information Signalingmentioning
confidence: 99%