Across the business world the issue of trust appears to be high on the agenda. It’s an issue at the heart of a company’s reputation and its ability to develop and maintain the right business relationships. In this complex area the role of transparency is paramount - finding ways to communicate that build confidence and trust in how a company acts, operates and performs. We’ve seen this issue on the minds of investors in past editions of World Watch, and in this edition we see the agenda is moving into the sphere of regulators, standard setters, and governments across the world.
It has become clearer during the financial crisis that the right flow of information, focused on the substance of business activity, can not only enhance market efficiency but also assist the critical checks and balances in the system to mitigate the chance of systemic failure.