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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.
Transparency implies openness, communication, and accountability. Transparency is practiced in companies, organizations, administrations, and communities. [1] For example, in a business relation, fees are clarified at the outset by a transparent agent, so there are no surprises later.
A transparency report is a statement issued semesterly or annually by a company or government, which discloses a variety of statistics related to requests for user data, records, or content. Transparency reports generally disclose how frequently and under what authority governments have requested or demanded data or records over a certain ...
In an April 2023 blog post published in lieu of a transparency report, by contrast, the company said it required users to remove 6.5 million pieces of content that violated the company’s rules ...
The $1.83 trillion shortfall in the most recent annual federal budget, the third highest in history, has economists and business leaders including Musk worried that the U.S. government is on the ...
The company's name translates to Brazilian Petroleum Corporation – Petrobras. The company was ranked No. 58 in the 2016 Fortune Global 500 list. [74] From 2014 to 2021, an investigation known as Operation Car Wash examined allegations of corporate and political collusion and corruption by Petrobras. [75]
Flow-through entities are also known as pass-through entities or fiscally-transparent entities. Common types of FTEs are general partnerships, limited partnerships and limited liability partnerships. In the United States, additional types of FTE include S corporations, income trusts and limited liability companies.
Two council members, Anthony Bonna and David Pickett, rightly raised questions about why city staff recommended a bid $4.5 million higher than the second-ranked company.