| Summary: | Transparency in the public sector is of paramount importance for the general sentiment of trust in the system itself, as public servants are publicly accountable for the use of and effects on public resources. In this respect, ensuring an increase in transparency would allow these public servants to discharge accountability accordingly and would provide the necessary frame for assessment of public resource use from stakeholders. This paper aims to determine whether transparency levels are adequate in the case of Romanian public universities, using a refined assessment tool which consists of multiple criteria based on principles and required elements for the reduction of information asymmetry. Our findings show that overall, in the case of Romanian public universities, the transparency level is high and there is a prerequisite to ensure the fair judgement from stakeholders.
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