TI FINDS EMERGING MARKET MULTINATIONALS ALLOW GRAFT TO THRIVE
August 1st, 2016
Transparency International has found multinational companies in emerging markets like Brazil and Malaysia have such low corporate transparency levels that they allow corruption “to thrive”. In a new report “Transparency in Corporate Reporting: Assessing Emerging Market Multinationals – TI found 75% of companies in emerging markets scored less than 5 out of 10 on a transparency scorecard. Indeed, 100 of the fastest-growing companies based in 15 emerging market countries and operating in 185 countries around the world scored an average of 3.4 out of 10, ...
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