| top 100 overall – corporate governance ranking of emerging market companies | ||||||||||
| Rank | Company | Country | Sector | Score | Ownership transparency and rights | Financial transparency | Board structure and process | Stakeholder relations | Alignment of managerial interests | |
| ‘05 | ‘04 | |||||||||
| 1 | 27 | MTN Group | South Africa | Telecommunications | 118.4 | 23 | 44 | 20 | 16.5 | 14.9 |
| 2 | 1 | DRD GOLD | South Africa | Metals & mining | 117 | 19 | 42 | 26 | 17.5 | 12.5 |
| 3 | 7 | Corporación GEO | Mexico | Construction | 115.7 | 20 | 42 | 18 | 15.7 | 20 |
| 4 | 81 | POSCO | Korea | Iron & steel | 111.4 | 20 | 40 | 15 | 13.5 | 23 |
| 5 | 2 | KT Corporation | Korea | Telecommunications | 108.8 | 26 | 43 | 17 | 13.5 | 9.3 |
| 6 | 108 | Ayala Land | Philippines | Property | 108.5 | 19 | 40 | 25 | 10.5 | |