THE best protection against the risk of corruption at companies is a comprehensive, fully implemented, and continually monitored anticorruption programme, a new study has found. Corruption Watch’s Transparency in Corporate Reporting study is the South African leg of a series of identical studies undertaken by selected Transparency International national chapters.Using company websites as a proxy for public reporting, we surveyed 50 South African companies, 36 of which are the largest by market capitalisation, listed on the JSE.The remaining companies are large, unlisted entities.We assessed the degree of transparency of each of the companies by examining their websites.We determined what they told the public about their anticorruption programmes, about the structure of their organisations or "organisational transparency", and about the nature and extent of their activities in each country in which they are present.We did not ask the companies for permission to conduct the research. ...
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