Public Information Disclosure is a new area of sharing information practiced by major financial institutions and companies where vital information is shared with the public, the NGOs, the stakeholders etc on a manadatory basis. The concept is that the public has a right to know some of these information concerning an institution, to study and to arrive at an opinion on whether the institution is in the right track or not. If it is not, to express their opinion, which, the institution may take into consideration for rectification, clarification, if any in future.
There are examples, in some cases, (such as in environmental projects) where the institutions have either modified or abandoned projects because of formulated public opinion as a result of such voluntary information disclosure.
2007-03-14
20:13:36
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1 answers
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asked by
saleem090
1
in
Politics & Government
➔ Law & Ethics