What is Financial Communication

Authentic leadership is considered a foundation of other positive leadership styles. In this leadership, the leader is known for his openness and clarity. Authentic leaders are not hesitant in sharing information, and they are accurate and clear in their communication manners. Moreover, they tend to give importance to others' ideas, and when necessary, they do not avoid revealing their own values, emotions, and thoughts. They build integrity with their followers by creating an atmosphere congruent for open communication that results in a realistic relational climate nourished by followers' increased level of personal and social identification. In this chapter, it is suggested that authenticity and tranperency of authentic leadership will be important catalyzers for financial communication transperency. In this context, financial communication refers to all kinds of financial messages conveyed from the organization to its stakeholders. And financial communication transperency refers to the extent financial communication of an organization is open, accurate, clear, satisfying, and relevant.