Not that it matters much these days as the markets are running on virtual money… But  the world’s largest publicly-traded companies are reporting more than in the past about their anti-corruption programmes but still need to do a lot more to increase transparency in reporting on their operations, according to a new study by anti-corruption group Transparency International.

This study analyses the transparency of corporate reporting on a range of anticorruption measures among the 105 largest publicly listed multinational companies worth more than $11trillion USD across the globe.

Company scores ranged from 0 to 10, where 0 is the least transparent and 10 is the most transparent, and were based on public availability of information about anti-corruption systems, transparency in reporting on how they structure themselves and the amount of financial information they provide for each country they operate in.

Norway’s Statoil ranked #1 with a 8.3 while banks across the board sucked shit averaging a 4.2 among the 24 financial companies included in the report.  No surprise there.

The report can be seen here:

http://www.transparency.org/whatwedo/pub/transparency_in_corporate_reporting_assessing_the_worlds_largest_companies

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