Separating wheat from chaff requires both insight and an institutional culture that is tolerant of such decision making.

FORBES: Regulatory Enforcement and Criminal Investigations in a World of Limited Resources: Marginal Cases and Missed Opportunities

Once a decision is reached by an institutional investor to allocate money to private equity, there are a number of different options available.

FORBES: Who's Afraid of Private Equity?

We believe these non-GAAP financial measures are useful to investors both because (1) they allow for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) they are used by our institutional investors and the analyst community to help them analyze the health of our business.

ENGADGET: Google's Q4 2011 results: $2.71 billion profit, $8.13 billion in revenue, Wall Street disappointed

When institutional operations are not transparent, it can increase transaction costs, reduce the efficiency of public services, distort the decision-making process and undermine social values.

UNESCO: Accountability