Is Transparency Critical for Firm and National Competitiveness?

Wyld, David C.
November 2009
Academy of Management Perspectives;Nov2009, Vol. 23 Issue 4, p94
Academic Journal
This article presents information from a research paper by David C. Wyld of Southeastern Louisiana University on whether transparency is critical for a company's national competitiveness. A lack of transparency is cited as one of the prime causes of the current economic crisis. Research has concluded that corporate transparency helps to make companies more competitive. Research has also shown that a country's corporate information environment is connected to its growth prospects. Transparency gives decision makers financial information to make better decisions.


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