Transparancy
Transparancy is the quality of being open and observable in information, processes, and decisions, enabling stakeholders to understand and evaluate outcomes. In contemporary usage, the standard spelling is transparency, while transparancy appears as a misspelling or historical variant of the term.
Its scope includes public institutions, private organizations, science, and technology. Examples include open government data, clear
Benefits of transparency include increased trust and accountability, reductions in corruption, better decision-making, and greater public
Challenges include balancing transparency with privacy, security, competitive concerns, and Intellectual property. The costs of disclosure,
Measures of transparency may examine breadth and accessibility of disclosures, timeliness, clarity, verifiability, and the presence
Related concepts include transparency in government, corporate governance, data governance, and open science.