The Oxford Handbook of Economic and Institutional Transparency

Author:   Jens Forssbaeck (Associate Professor of Corporate Finance, Associate Professor of Corporate Finance, Lund University School of Economics and Management) ,  Lars Oxelheim (Chair in International Business and Finance, Chair in International Business and Finance, Lund Institute of Economic Research, Lund University)
Publisher:   Oxford University Press Inc
ISBN:  

9780199917693


Pages:   614
Publication Date:   09 October 2014
Format:   Hardback
Availability:   To order   Availability explained
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The Oxford Handbook of Economic and Institutional Transparency


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Overview

In recent years, the term 'transparency' has emerged as one of the most popular and keenly-touted concepts around. In the economic-political debate, the principle of transparency is often advocated as a prerequisite for accountability, legitimacy, policy efficiency, and good governance, as well as a universal remedy against corruption, corporate and political scandals, financial crises, and a host of other problems.But transparency is more than a mere catch-phrase. Increased transparency is a bearing ideal behind regulatory reform in many areas, including financial reporting and banking regulation. Individual governments as well as multilateral bodies have launched broad-based initiatives to enhance transparency in both economic and other policy domains. Parallel to these developments, the concept of transparency has seeped its way into academic research in a wide range of social science disciplines, including the economic sciences.This increased importance of transparency in economics and business studies has called for a reference work that surveys existing research on transparency and explores its meaning and significance in different areas. The Oxford Handbook of Economic and Institutional Transparency is such a reference. Comprised of authoritative yet accessible contributions by leading scholars, this Handbook addresses questions such as: What is transparency? What is the rationale for transparency? What are the determinants and the effects of transparency? And is transparency always beneficial, or can it also be detrimental (if so, when)?The chapters are presented in three sections that correspond to three broad themes. The first section addresses transparency in different areas of economic policy. The second section covers institutional transparency and explores the role of transparency in market integration and regulation. Finally, the third section focuses on corporate transparency. Taken together, this volume offers an up-to-date account of existing work on and approaches to transparency in economic research, discusses open questions, and provides guidance for future research, all from a blend of disciplinary perspectives.

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Author:   Jens Forssbaeck (Associate Professor of Corporate Finance, Associate Professor of Corporate Finance, Lund University School of Economics and Management) ,  Lars Oxelheim (Chair in International Business and Finance, Chair in International Business and Finance, Lund Institute of Economic Research, Lund University)
Publisher:   Oxford University Press Inc
Imprint:   Oxford University Press Inc
Dimensions:   Width: 24.90cm , Height: 4.10cm , Length: 17.80cm
Weight:   1.202kg
ISBN:  

9780199917693


ISBN 10:   0199917698
Pages:   614
Publication Date:   09 October 2014
Audience:   College/higher education ,  Professional and scholarly ,  Tertiary & Higher Education ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

PART 1: INTRODUCTION 1. The Multi-Faceted Concept of Transparency Jens Forssbæck and Lars Oxelheim PART 2: POLICY TRANSPARENCY 2. Constitutional Transparency Richard J. Sweeney 3. Monetary Policy Transparency Petra M. Geraats 4. Fiscal Policy Transparency Iain Begg 5. Transparent and Unique Sovereign Default Risk Assessment Edward I. Altman and Herbert Rijken 6. Transparency and Competition Policy in an Imperfectly Competitive World Philippe Gugler 7. Transparency in International Trade Policy Michael G. Plummer and Alissa Tafti 8. Transparency of Climate Change Policies, Markets, and Corporate Practices Thomas L. Brewer and Michael Mehling 9. Transparency of Human Resource Policy Erik Mellander 10. Transparency of Innovation Policy Bo Carlsson PART 3: INSTITUTIONAL, MARKET AND REGULATORY TRANSPARENCY 11. Labor Market Transparency Eskil Wadensjö 12. Transparency in Financial Regulation James R. Barth, Apanard (Penny) Prabha, and Clas Wihlborg 13. Price Transparency and International Market Integration Richard Friberg 14. Transparency of Inward Investment Incentives Frederick Lehmann and Ana Teresa Lehmann 15. Transparency and Corruption Alvaro Cuervo-Cazurra PART 4: CORPORATE TRANSPARENCY 16. Multinational Corporations' Relationship with Political Actors: Transparency versus Opacity Pervez N. Ghauri, Amjad Hadjikhani, and Cecilia Pahlberg 17. Corporate Governance and Optimal Transparency Tom Berglund 18. Transparency Differences at the Top of the Organization: Market-Pull versus Strategic Hoarding Forces Winfried Ruigrok, Dimitrios Georgakakis, and Peder Greve 19 . Governance Transparency and the Institutions of Capitalism: Implications for Finance Raj Aggarwal and John Goodell 20. Transparency and Executive Compensation Raghavendra Rau 21. Transparency and Disclosure in the Global Microfinance Industry Leif Atle Beisland, Roy Mersland, and Trond Randoy 22. Accounting Transparency and International Standard-Setting Sidney J. Gray and Helen Kang 23. Transparency of Fair Value Accounting and Tax Eva Eberhartinger and Soojin Lee 24. Transparency of Corporate Risk Management and Performance Peter McKay 25. Stress Testing, Transparency and Uncertainty in European Banking: What impacts? Rym Ayadi and Willem Pieter De Groen

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Author Information

Jens Forssbæck is an Associate Professor of Finance at Lund University School of Economics and Management and a fellow of the Knut Wicksell Centre for Financial Studies in Lund, Sweden. He holds a PhD in Finance from Copenhagen Business School and has held visiting positions at universities in France, the Netherlands, and the United Kingdom. His research lies mainly in the areas of international finance and financial intermediation, and he has been widely published in international scientific journals and in book form. Lars Oxelheim is Professor of International Business and Finance at Lund University School of Economics and Management (LUSEM), Lund, Sweden. He is affiliated with the Research Institute of Industrial Economics (IFN), Stockholm, Sweden and the School of Business and Law, University of Agder, Kristiansand, Norway. He is Honorary Professor at the Fudan University, Shanghai and the founding chairman of the Swedish Network for European Studies in Economics and Business (SNEE). Professor Oxelheim has published approximately 40 books and numerous scientific articles. He is an active member of several international research networks and serves on the editorial board of a number of journals.

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