"Transparency is important since it is one of the theoretical conditions required for a free market to be efficient."
The principles and practices that promote transparency, fairness, and responsibility in financial management, including the development of ethical standards, the establishment of effective risk management practices, and the creation of mechanisms for accountability and oversight.
Introduction to Ethics and Accountability: This topic covers the basic concepts of ethics and accountability in public administration, including definitions, principles, and practices.
Theories of Ethics: This topic covers various theories of ethics, including consequentialism, deontology, virtue ethics, and care ethics. It also explains how these theories apply to public administration.
Ethical Decision Making: This topic covers the process of making ethical decisions in public administration, including the role of values, principles, and moral reasoning.
Ethics and Leadership: This topic covers the role of ethical leadership in public administration, including the attributes of ethical leaders, the importance of ethical leadership, and the challenges of promoting ethical leadership.
Ethics and Organizational Culture: This topic covers the role of organizational culture in shaping ethical behavior in public administration, including the factors that influence ethical culture, the importance of ethical culture, and the challenges of creating and maintaining an ethical culture.
Ethics and Public Policy: This topic covers the role of ethics in public policy, including the ethical issues involved in the formulation and implementation of public policy, and the role of ethics in evaluating public policy.
Ethics and Accountability in Financial Management: This topic covers the role of ethics and accountability in financial management in public administration, including the principles of ethics and accountability, financial reporting and disclosure, and fraud prevention and detection.
Ethics and Professionalism in Public Administration: This topic covers the role of ethics and professionalism in public administration, including the codes of ethics and standards of conduct for public administrators, and the importance of ethical behavior and professionalism in public service.
Ethics and Stakeholder Engagement: This topic covers the role of ethics in engaging stakeholders in public administration, including the principles of stakeholder engagement, the benefits of stakeholder engagement, and the challenges of engaging stakeholders ethically.
Ethics and International Relations: This topic covers the role of ethics in international relations, including the ethical issues involved in international diplomacy, international trade, and international development.
Public Trust Ethics: This type of ethics emphasizes on the principles of stewardship, impartiality and transparency. It is the primary responsibility of every public official to ensure that they manage public funds efficiently and effectively.
Professional Ethics: Professional ethical standards that set such a major role in the performance of the duties in the public sector. It is the responsibility of the official to obey these standards.
Fiscal Ethics: Fiscal ethics determines how much a government can spend in respect of the income or the revenue it has to ensure a reliable financial balance.
Reporting Ethics: This type of ethics concerns the accuracy, completeness and transparency in financial reporting.
Political Ethics: Political ethics refers to maintaining ethical protocols while dealing with the processes of governance.
Social Ethics: Social ethics is concerned about ethical questions that impact society. It is important that a public official follows all the social ethics with respect to the community.
Sustainability Ethics: This type of ethics is concerned to ensure that the present government’s financial policies and performance do not negatively impact future generations.
Legal Ethics: Legal ethics are essential principles to be followed by public officials to prevent misconduct or enforce act proactively in compliance with the legal requirements.
Environmental Ethics: Environmental ethics are focused on the impact of financial policies on the environment.
Religious Ethics: It is an acknowledgment of faith and morality in public finance.
Personal Ethics: It is essential to maintain personal ethics for every public official as it helps in creating an environment of trust and reliability with the public.
Organizational Ethics: This type of ethics sets the framework for the functioning and operation of various organizations within the public sector.
"What products and services or capital assets are available, market depth (quantity available), what price, and where."
"Price transparency can, however, lead to higher prices."
"If it makes sellers reluctant to give steep discounts to certain buyers (e.g. disrupting price dispersion among buyers)."
"If it facilitates collusion."
"Price volatility is another concern."
"A high degree of market transparency can result in disintermediation due to the buyer's increased knowledge of supply pricing."
"1) I know what price will be charged to me, and 2) I know what price will be charged to you."
"The two types of price transparency have different implications for differential pricing."
"A transparent market should also provide necessary information about quality and other product features."
"Quality can be exceedingly difficult to estimate for some goods, such as artworks."
"While the stock market is relatively transparent..."
"Hedge funds are notoriously secretive."
"Concerns by hedge funds about the crowding out of their trades through transparency and undesirable effects of incomplete transparency."
"Financial professionals, including Wall Street veteran Jeremy Frommer..."
"Broadcasting live from trading desks and posting detailed portfolios online."
"Researchers in this area have found concerns by hedge funds about the crowding out of their trades through transparency and undesirable effects of incomplete transparency."
"Hedge funds are notoriously secretive."
"Some financial professionals, including Wall Street veteran Jeremy Frommer are pioneering the application of transparency to hedge funds by broadcasting live from trading desks and posting detailed portfolios online."
"Some financial professionals, including Wall Street veteran Jeremy Frommer are pioneering the application of transparency to hedge funds by broadcasting live from trading desks and posting detailed portfolios online."