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Morgan Stanley came in at 22nd in Deloitte Touche Tohmatsu and World Link magazine's Top 200 Global Growth Companies survey. The growth companies named in the rankings comprise "both emerging and established companies that have produced an astounding 45% return on investment and have created 2.2 million jobs over the last five years," according to the release announcing the results.
The rankings are based on a Deloitte Touche Tohmatsu study of more than 30,000 publicly owned companies worldwide on their growth performance total return to shareholders and job creation over the last five years. The results were adjusted for currency, inflation and relative operation size factors.
Top 25 Companies Ranked by Global Growth
| 1 | Eidos | United Kingdom |
| 2 | Republic Industries | United States |
| 3 | Elekeiroz | Brazil |
| 4 | Rainforest Café | United States |
| 5 | Boeing | United States |
| 6 | Applied Cellular Technology | United States |
| 7 | Hewlett-Packard | United States |
| 8 | Transmontaigne | United States |
| 9 | Citigroup | United States |
| 10 | Cadiz | United States |
| 11 | Unipar-Uniao De Industrias Petroquimicas | Brazil |
| 12 | Metro | Germany |
| 13 | Action Computer Supplies | United Kingdom |
| 14 | Medpartners | United States |
| 15 | Merrill Lynch | United States |
| 16 | Brau-Union | Austria |
| 17 | Lyonnaise Des Eaux Dumez | France |
| 18 | TBI | United Kingdom |
| 19 | Bell Atlantic | United States |
| 20 | Teollisuuden Voima | Finland |
| 21 | Novartis | Switzerland |
| 22 | Morgan Stanley | United States |
| 23 | Chase Manhattan | United States |
| 24 | Modis Professional Services | United States |
| 25 | Compaq Computer | United States |
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