In health care, transparency may affect prices, but not patients’ bills
Regulation of pricing transparency at US hospitals can give the appearance of lowering costs, but research suggests that the payments made by patients and their insurers for five representative medical procedures have not decreased.
CBR Briefing #48
Public audit oversight enhances investor trust in financial reports
How stricter financial-reporting enforcement can hurt shareholders
Even when transparency improves, the costs may outweigh the benefits to shareholders.
Restricting short selling raises default risks
Regulations reining in short-sellers can raise the price of credit.