Modeling information transparency of economic entities under uncertainty

Abstract

Topicality of modeling information transparency is determined by the influence it has on the effectiveness of management decisions made by an economic entity in the context of uncertainty and information asymmetry. It has been found that information transparency is a poorly structured category which acts as a qualitative characteristic of information and at certain levels forms an additional spectrum of properties of the information that has been adequately perceived or processed. As a result of structuring knowledge about the factor environment, a cognitive model of information transparency was constructed in the form of a weighted digraph. Structural analysis of the cognitive model made it possible to evaluate the classes of factors, identify their limited relations, establish the centrality of the roles of information transparency and information and communication security in the system built and evaluate their importance when modeling the situation self-development. Information visibility has been found to have the strongest impact on the system. Taking into account different initial weights of the key factorsinformation transparency and information and communication securitythe study substantiates the strategic ways for economic entities to achieve their goals in the context of uncertainty and information asymmetry, which allows us to use this approach as a tool for strategic management in the information environment.

Facility and Technological Supports, and Information Transparancy to Improve the Success of a Contract Farming between Farmers Group and Company

“…The transparency of information implemented by each partnering party will increase mutual trust so that the contract can run well. According to Kucherova et al (2019), mutual trust and responsibility will increase as information transparency increases, while fraud and risk will decrease. This is supported by the opinion of Wulandari & Murwani (2018) which states that information transparency in a contract farming is needed to avoid suspicion between partnering parties, which includes transparency of information and disclosure in terms of financial management.…”

Формування Системи Безпеки Об’єднаних Територіальних Громад

“…Важливим фактором становлення успішної та конкурентоспроможної громади є інформаційна прозорість, яка сприяє розумінню розподілу фінансових потоків, є одним з визначальних факторів, що формує позитивний імідж суб'єктів господарювання, їх інвестиційну привабливість, підвищує рівень довіри зі сторони стейкхолдерів через вільний доступ про різні напрями діяльності. В дослідженні [10] зазначають, що збільшення рівня інформаційної прозорості веде до зниження рівня корупції, що виступає фактором збільшення довіри інвесторів до суб'єктів господарювання. Важливим етапом формування загальної інформаційної прозорості територіальної громади є забезпечення прозорості бюджетного процесу, в тому числі і щодо розподілу бюджетних коштів у частині екологічного податку.…”

An alternative approach to modeling the country’s business climate in conditions of limited information

“…In addition, the challenge is complicated by the fact that the level of information transparency of the sources necessary for modeling the business climate differs significantly at the level of countries and separate websites. Information transparency is defined as "a qualitative attribute of information, which a certain level extent of the achievement forms an additional spectrum of the properties of that part of information that was adequately perceived and subject to processing" [1]. In this context, in practice, questions arise regarding the insufficient level of openness, accessibility, reliability of information, the impossibility of comparing it, which generally determines the risk of insufficient information transparency of aspects whose coverage makes it possible to increase the accuracy and reliability in results of modeling the business climate.…”