Companies in Pakistan have been deemed to be “moderately transparent” in corporate reporting, according to the Transparency in Corporate Reporting Assessment (TRAC) report by Transparency International Pakistan (TIP).

According to a statement issued on February 10, the report assessed the top 69 publicly listed companies on the Pakistan Stock Exchange (as per market capitalisation) on their transparency in the disclosure of information.

It said that the assessment scored and ranked companies on five different thematic areas crucial to fighting and preventing corruption namely: “Reporting on anti-corruption programmes, organisational transparency, disclosure of key financial information in domestic operations, reporting on gender and non-discrimination policies, human rights and corporate responsibility.”

The report noted that the lowest........

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