Exploring Corporate Transparency and Stakeholder Trust
Keywords:
Corporate transparency, stakeholder trust, organizational performance, transparency practices, stakeholder engagement, empirical research, case studies, organizational confidentiality.Abstract
Corporate transparency is increasingly recognized as a critical factor in fostering stakeholder trust and enhancing organizational performance. This paper explores the multifaceted relationship between corporate transparency and stakeholder trust, emphasizing how transparent practices can impact stakeholder perceptions, engagement, and loyalty. By analyzing case studies and empirical research, this study identifies key drivers of transparency, examines the challenges organizations face, and provides recommendations for enhancing transparency to build and maintain trust. The findings suggest that while transparency can significantly improve stakeholder relationships, it requires a strategic approach to balance openness with organizational confidentiality.
