Corporate governance: Methodology

Caveat creditor

Caveat creditor

Euromoney surveyed targeted emerging market companies as of July 15 2006 in one of the following categories:

  • The largest companies as measured by market capitalization according to the MSCI Emerging Markets index, which represented 80% of the market.

  • The following emerging market equity indices: Shanghai Composite (People’s Republic of China); Hang Seng (Hong Kong); Seoul Composite (Korea); KLCI Composite (Malaysia); PCOMP Philippine Stock Exchange (Philippines); Straits Times Index (Singapore); Taiwan SE Weighted Index (Taiwan); SET (Thailand); PX50 (Czech Republic); TALSE Tallinn (Estonia); BUX (Hungary); SENSEX (India); RIGA Stock Exchange (Latvia); VILSE (Lithuania); Wig 20 (Poland); RTSI$ (Russia); Kazakh Stock Exchange (KASE); XU100 (Turkey); Merval (Argentina); Bovespa (Brazil); IPSA (Chile); IPC (Mexico); IBC (Venezuela); JSE (South Africa);

Replies were received from 146 companies.

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