Top 10 least transparent multinational companies
- By Xu Lin
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E-mail China.org.cn, January 24, 2013
Transparency International, a global organization leading the fight against corruption, has ranked the world's 105 largest multinational companies in their transparency in corporate reporting index.
Three Chinese companies rank in the bottom 10, including Bank of China, Bank of Communications and China Construction Bank. Another three, PetroChina, China National Offshore Oil Corporation and Industrial and Commercial Bank of China, rank 69th, 75th and 76th respectively on the list.
The study analyzes the transparency of corporate reporting on a range of anti-corruption measures among publicly listed companies, worth more than US$11 trillion in total.
Three dimensions of transparency have been explored:
? Public reporting on anti-corruption programs: Covering bribery, facilitation payments, whistleblower protection and political contributions
? Organizational transparency: Including information about corporate holdings
? Country-by-country reporting: Whether companies disclose financial data on a country-by-country basis
The following are the top 10 less transparent multinational companies. These companies publish too little information about their commitments to comprehensive anti-corruption systems on their sprawling operations. They also report insufficiently on their corporate structures, preventing clarity about their true impact in countries around the world.
Click here to see the top 10 most transparent multinational companies.
Anheuser-Busch InBev（百威英博）
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Anheuser-Busch InBev [eventown.com.cn] |
Transparency Index: 2.9
Country: Belgium
Industry: Consumer Goods & Services
Market value: US$81.48 billion
Reporting on anti-corruption programs: 62%
Organizational transparency: 25%
Country-by-country reporting: 0%
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