Full Disclosure: The Perils and Promise of Transparency

Full Disclosure: The Perils and Promise of Transparency

by Archon Fung, David Weil, Mary Graham
     
 

ISBN-10: 0521699614

ISBN-13: 9780521699617

Pub. Date: 05/31/2008

Publisher: Cambridge University Press

Which SUVs are most likely to rollover? What cities have the unhealthiest drinking water? Which factories are the most dangerous polluters? What cereals are the most nutritious? In recent decades, governments have sought to provide answers to such critical questions through public disclosure to force manufacturers, water authorities, and others to improve their…  See more details below

Overview

Which SUVs are most likely to rollover? What cities have the unhealthiest drinking water? Which factories are the most dangerous polluters? What cereals are the most nutritious? In recent decades, governments have sought to provide answers to such critical questions through public disclosure to force manufacturers, water authorities, and others to improve their products and practices. Corporate financial disclosure, nutritional labels, and school report cards are examples of such targeted transparency policies. At best, they create a light-handed approach to governance that improves markets, enriches public discourse, and empowers citizens. But such policies are frequently ineffective or counterproductive. Based on an analysis of eighteen U.S. and international policies, Full Disclosure shows that information is often incomplete, incomprehensible, or irrelevant to consumers, investors, workers, and community residents. To be successful, transparency policies must be accurate, keep ahead of disclosers' efforts to find loopholes, and, above all, focus on the needs of ordinary citizens.

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Product Details

ISBN-13:
9780521699617
Publisher:
Cambridge University Press
Publication date:
05/31/2008
Edition description:
Reprint
Pages:
304
Sales rank:
1,389,912
Product dimensions:
5.90(w) x 8.90(h) x 0.80(d)

Table of Contents

1. Governance by transparency; 2. An unlikely policy innovation; 3. Designing information-based regulation; 4. What makes disclosure work; 5. What makes disclosure policies sustainable?; 6. International transparency; 7. Toward collaborative transparency; 8. The future of disclosure; Appendix: Eighteen major cases.

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