This Transparency International report, Transparency in Corporate Reporting: Assessing the World’s Largest Companies, evaluates the transparency of corporate reporting by the world’s 124 largest publicly listed companies. The report assesses the disclosure practices of companies with respect to their anti-corruption programmes, company holdings and the disclosure of key financial information on a country-by-country basis. It follows on from a 2012 report which focused on the world’s 105 largest publicly traded companies. The report is part of a series of studies based on a similar methodology aimed at assessing the transparency practices of companies, the most recent being a 2013 report on leading emerging market companies.
The Index consists of three indicators:
1. anti-corruption programs
2. organizational transparency
3. reporting in countries where their branches act
"The report on the transparency in corporate reporting of 124 of the largest global companies is indicative for Croatian opportunities. 38 of the companies that act in Croatia show possible ways of more transparent and socially responsible buisness. They can be an example to local private and public firms in changing their behaviour. Transparency in everyday work effects preventing corruption, and by that highlights the promotion of honesty as a virtue we all have to pursue" said Davorka Budimir, the president of TIC.