| Ranking by sector | |||||||||
| Rank 2003 | Rank 2002 | Banking & Financial | Total score 100 | Ownership Transparency & Rights 15 points | Financial Transparency 25 points | Board Structure & Process 20 points | Stakeholder Relations 15 points | Alignment of Managerial Interests 25 points | |
| 1 | 23 | Banco Itau Holding Financeira | Brazil | 77.4 | 13.0 | 16.0 | 16.5 | 11.0 | 20.9 |
| 2 | -- | Itausa - Investimentos Itau | Brazil | 76.1 | 12.8 | 17.8 | 15.0 | 10.8 | 19.9 |
| 3 | -- | Global Menkul Degerler | Turkey | 74.1 | 13.3 | 21.5 | 13.5 | 9.8 | 16.1 |
| 4 | 14= | Nedcor Limited | South Africa | 73.3 | 11.3 | 16.0 | 17.5 | 9.5 | 19.0 |
| 5 | -- | Kookmin Credit Card | South Korea | 72.8 | 12.0 | 14.5 | 15.5 | 11.8 | 19.0 |
| 6 | -- | Daewoo Securities Co. | South Korea | 72.5 | 11.8 | 14.5 | 18.0 | 9.8 | |