Financial Transparency
/ˌfaɪˈnænʃəl trænsˈpærənsi/
Definitions
- (n.) The principle and practice of openly disclosing accurate and complete financial information to stakeholders, ensuring accountability and preventing fraud.
Regulatory bodies often mandate financial transparency to protect investors and maintain market integrity.
- (n.) A legal obligation for companies and organizations to provide clear and accessible financial statements and reports.
Public companies must comply with financial transparency requirements under securities law.
Forms
- financial transparency
Related terms
See also
Commentary
Financial transparency is a foundational concept in corporate law and regulatory compliance, often critical for investor protection and anti-corruption measures.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.