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Full disclosure : the perils and promise of transparency / Archon Fung, Mary Graham, David Weil.

Cambridge Open Access Books and Elements Available online

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Format:
Book
Author/Creator:
Fung, Archon, 1968- author.
Graham, Mary, 1944- author.
Weil, David, 1961- author.
Language:
English
Subjects (All):
Government information--Access control--United States.
Government information.
Transparency (Ethics) in government--United States.
Transparency (Ethics) in government.
Disclosure of information--Government policy--United States.
Disclosure of information.
Disclosure of information--Law and legislation.
Physical Description:
1 online resource (xvii, 282 pages) : digital, PDF file(s).
Place of Publication:
Cambridge : Cambridge University Press, 2007.
Language Note:
English
Summary:
Governments in recent decades have employed public disclosure strategies to reduce risks, improve public and private goods and services, and reduce injustice. In the United States, these targeted transparency policies include financial securities disclosures, nutritional labels, school report cards, automobile rollover rankings, and sexual offender registries. They constitute a light-handed approach to governance that empowers citizens. However, as Full Disclosure shows these policies are frequently ineffective or counterproductive. Based on a comparative analysis of eighteen major policies, the authors suggest that transparency policies often produce information that is incomplete, incomprehensible, or irrelevant to the consumers, investors, workers, and community residents who could benefit from them. Sometimes transparency fails because those who are threatened by it form political coalitions to limit or distort information. To be successful, transparency policies must place the needs of ordinary citizens at centre stage and produce information that informs their everyday choices.
Contents:
1. Governance by transparency
The new power of information
Transparency informs choice
Transparency as missed opportunity
A real-time experiment
Transparency success and failure
How the book is organized
2. An unlikely policy innovation
An unplanned invention
The struggle toward openness
Why disclosure?
3. Designing transparency policies
Improving on-the-job safety : one goal, many methods
Disclosure to create incentives for change
What targeted transparency policies have in common
Standards, market incentives, or targeted transparency?
4. What makes transparency work?
A complex chain reaction
New information embedded in user decisions
New information embedded in discloser decisions
Obstacles : preferences, biases, and games
How do transparency policies measure up?
Crafting effective transparency policies
5. What makes transparency sustainable?
Crisis drives financial disclosure improvements
Sustainable policies
The politics of disclosure
Humble beginnings : prospects for sustainable transparency
Two illustrations
Shifting conditions drive changes in sustainability
6. International transparency
How do international transparency policies work?
Why now?
From private committee to public mandate : international corporate financial reporting
Improving a moribund system : international disease reporting
The limits of international transparency : labeling genetically modified foods
7. Toward collaborative transparency
Innovation at the edge
Technology expands capacities of users, disclosers, and government
Four emerging policies
Challenges to collaborative transparency
New roles for users, disclosers, and government
Looking ahead : complementary generations of transparency
8. Targeted transparency in the information age
Two possible futures
When transparency won't work
Crafting effective policies
The road ahead
Appendix : eighteen major cases
Targeted transparency in the United States
Targeted transparency in the international context.
Notes:
Title from publisher's bibliographic system (viewed on 05 Oct 2015).
Includes bibliographical references (p. 217-273) and index.
ISBN:
9781107172463
1107172462
9781280815874
1280815876
9780511275708
0511275706
9780511275005
0511275005
9780511273476
0511273479
9780511321696
0511321694
9780511510533
0511510535
9780511274268
0511274262
OCLC:
173847171

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