Corporate transparency
Encyclopedia
Corporate transparency is set of information, privacy, and business policies to improve corporate decisionmaking and operations openness to employees, stakeholders, shareholders and the general public. Standard & Poor's
has included a definition of corporate transparency in its GAMMA Methodology aimed at analysis and assessment of corporate governance
. As a part of this work, Standard & Poor's Governance Services publishes the Transparency Index calculated as the average score for the largest public companies in various countries.
Corporate transparency has also been used to refer to radical transparency
in corporate governance.
Standard & Poor's
Standard & Poor's is a United States-based financial services company. It is a division of The McGraw-Hill Companies that publishes financial research and analysis on stocks and bonds. It is well known for its stock-market indices, the US-based S&P 500, the Australian S&P/ASX 200, the Canadian...
has included a definition of corporate transparency in its GAMMA Methodology aimed at analysis and assessment of corporate governance
Corporate governance
Corporate governance is a number of processes, customs, policies, laws, and institutions which have impact on the way a company is controlled...
. As a part of this work, Standard & Poor's Governance Services publishes the Transparency Index calculated as the average score for the largest public companies in various countries.
Corporate transparency has also been used to refer to radical transparency
Radical transparency
Radical transparency is a management approach in which all decision making is carried out publicly. The term was used by Daniel Goleman in his book...
in corporate governance.