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Corporate transparency describes the extent to which a corporation's actions are observable by outsiders. This is a consequence of regulation, local norms, and the set of information, privacy, and business policies concerning corporate decision-making and operations openness to employees, stakeholders, shareholders and the general public.
The Open Government Partnership (OGP) is a multilateral initiative aimed at securing commitments from national and sub-national governments to promote open government, combat corruption, and improve governance. The OGP is managed by a steering committee that includes representatives from both governments and civil society organizations.
The organizations relies on technology to improve government transparency and engage citizens. [ 72 ] The Sunlight Foundation was a nonprofit, nonpartisan organization founded in 2006 that used civic tech, open data, and policy analysis to make information from government and politics more transparent to everyone.
Corporate transparency, a form of radical transparency, is the concept of removing all barriers to—and the facilitating of—free and easy public access to corporate information and the laws, rules, social connivance and processes that facilitate and protect those individuals and corporations that freely join, develop, and improve the process.
Governance, risk management, and compliance are three related facets that aim to assure an organization reliably achieves objectives, addresses uncertainty and acts with integrity. [6] Governance is the combination of processes established and executed by the directors (or the board of directors) that are reflected in the organization's ...
The Transparent Society (1998) is a non-fiction book by the science-fiction author David Brin in which he forecasts social transparency and some degree of erosion of privacy, as it is overtaken by low-cost surveillance, communication and database technology, and proposes new institutions and practices that he believes would provide benefits that would more than compensate for lost privacy.
Radical transparency is a phrase used across fields of governance, politics, software design and business to describe actions and approaches that radically increase the openness of organizational process and data. Its usage was originally understood as an approach or act that uses abundant networked information to access previously confidential ...
Organizations should develop a code of conduct for their directors and executives that promotes ethical and responsible decision making. Disclosure and transparency: [20] [21] Organizations should clarify and make publicly known the roles and responsibilities of board and management to provide stakeholders with a level of accountability. They ...