Asia overall winner: China Telecom
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Other Hong Kong firms to feature highly were Far East Consortium, which won best managed company in Asia in the real-estate category, and Hong Kong Broadband Network, which won the computer and communications equipment category.
Euromoney’s annual Best Managed Companies ranking is based on a survey of market analysts at leading banks and research institutes around the world. Polling took place from early June to early August.
Respondents were asked to nominate the top-three listed companies in each region, taking into account the following factors when making their choices:
- Most convincing and coherent business strategy;
- Best system of corporate governance;
- Most accessible senior management;
- Most transparent financial accounts;
- Best for shareholder value;
- Most useful and informative website.
We then asked respondents to score their top three choices from 1 to 7 according to the above criteria, with 1 very poor and 7 being excellent.
New for this year, we asked for respondents’ views on the best companies in their region for corporate social responsibility. Global events have focused increasing attention to the way businesses interact with the environment and society, and Euromoney hopes to gauge how perceptions are changing.
The overall winner of this, new, category in Asia was again a telecoms firm: China Mobile.
For detailed results, see www.euromoney.com.
For more information on the survey, contact Tessa Wilkie: twilkie@euromoney.com.