5 Apr 2011

Warners picks up worst transnational firm award

1:08 pm on 5 April 2011

Warner Brothers has taken out the country's least-sought-after business accolade - the 2010 Roger Award for New Zealand's worst transnational company.

The Roger Award is run annually by the Campaign against Foreign Control of Aotearoa, which considers companies which are more than 25% foreign-owned.

The judges say The Hobbit film affair was an extraordinary example of trans-national capital interfering in local politics and overtly influencing the actions of the New Zealand Government.

The Government was given the accomplice award.

The judges named aged residential care company BUPA runner up and Imperial Tobacco third.

Telecom, Vodafone, Warner Brothers and Westpac were the other finalists.

Past winners of the award include ANZ Bank, British American Tobacco, Telecom twice and the now defunct Tranz Rail which won three times.