Drawing a conclusive statement about the correlation between transparency and accountability among a population can pose a challenge because the two have been depicted as synonymous, whereas there are two very different variables. Accountability and transparency are of vital consideration in the scope of management, contemporary governance, and administration. The two concepts hold significant influence when choosing the right candidate to perform any task that requires the utmost good faith or answerability, such as handling public funds, banking, insurance, real estate management, and organizational budgets. The mediator between transparency and accountability is the presence of desirable core values and utmost good faith.
When individuals uphold desirable core values such as integrity, teamwork, and customer focus, they tend to be directly responsible for their actions. Accountability and transparency can exist in various forms. The link between the two lies in the extent to which they are intended to sustenance each other and how they are explained and demanded. The prevalence between the two has been posing a challenge to businesses, nations, and administrative units. This is because several conceptual links interrelate the two concepts.
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People with set objectives and goals are better positioned to exhibit transparency and accountability in all their involvements. Being open and honest will promote the urge to show concern and always be answerable to any responsibility at hand. The correlation coefficient between transparency and accountability is of utmost good faith in any experience and always clear that access to reliable information about any institutional behavior is of significant consideration. The two ensure that all answers have consequences and the dissemination of any information is due to precision. Good character traits are attributed to transparency and accountability.