Survey: Indian firms best, China worst on transparency
India has the most transparent companies while Chinese firms are the most opaque, according to a global watchdog’s survey released Monday that assesses the efforts of companies in emerging markets to fight corruption.
Transparency International said the report’s findings were “pathetic” and highlighted the urgent need for big multinational companies to do more to fight corruption.
The report covered 100 companies in 15 emerging-market countries that also included Brazil, Mexico and Russia. The overall score slipped since the last Transparency In Corporate Reporting survey in 2013, falling a fraction to 3.4 out of 10, with three quarters of companies scoring less than half.
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