Transparency and Accountability

In this paper, we analyze the rules and the practices of disclosure by parliamentarians in 126 countries.

Author(s):

Simeon Djankov

The World Bank

Rafael La Porta

Dartmouth College

Florencio Lopez-de-Silanes

EDHEC Business School

Andrei Shleifer

Harvard University

The analysis is based on a multi-year study of the laws governing financial and business disclosure of parliamentarians, including implementation and compliance. We pay attention to 1) the existence of disclosure mandates, 2) public availability of disclosures by law and in practice, 3) the extent of the information being disclosed, and 4) actual compliance with disclosure rules. We use this information to construct several indices of political transparency for sample countries, and to assess both their determinants and their effect on corruption.

Type: Working paper
Date: le 05/05/2008
Research Cluster : Finance

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