Sunday, July 22, 2012

Big oil good, finance and tech bad

Which companies are the most—and least—open in their dealings? MANY of the world’s biggest firms commit to obeying anti-corruption laws. But what they do not say can be informative too. Transparency International, a watchdog, studied publicly available information about the world’s 105 biggest listed companies as a measure of their commitment to anti-corruption. It looked at public declarations to stay within the law, the degree to which companies disclose their organisational structure and the amount of information they release on a country-by-country basis. Declarations may be just words but they tie a firm’s actions to its reputation. See full Article.