Transparency is not solely a matter for the state or for business. It is a shared principle that determines whether our institutions function effectively and whether companies operate reliably. When the public sector chooses transparency, it saves all of us money and time. When business does so, it secures its reputation and long-term growth. So it does not matter whether results are measured in terms of the state budget or in profit margins. In both cases, the same rule applies – transparency is an investment that pays off.