Transparency in business

The Providence Business News Executive Poll is a weekly survey of 70 business leaders throughout the state, representing small and large companies in a variety of industries. More

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PBN Executive Poll

Transparency in business

Posted 2/13/12

From an investor perspective, do you prefer companies to operate transparently?

• Yes – 91.7%

• No – 8.3%

Which would you consider to be the biggest potential downside to transparency?

• Loss of competitive advantage – 63.6%

• Increased risk of data breaches – 27.3%

• Change in customer perception – 9.1%

Describe your own level of disclosure regarding company decisions?

• Somewhat transparent – 50%

• Very transparent – 41.7%

• Somewhat secretive – 8.3%

• Very secretive – 0%

With whom should privately held companies be the most transparent?

• Managers – 45.5%

• All employees – 45.5%

• Treat them all the same – 9.1%

• The public – 0%

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