Best-managed LATAM companies: High standards are the exception
Best-managed LATAM companies: Most convincing and coherent by country
Best-managed LATAM companies: Most convincing and coherent by sector
Best-managed LATAM companies: Best corporate governance by country
Best-managed LATAM companies: Methodology
Euromoney’s third Latin American company ranking is based on a survey of market analysts at major banks and research institutes in Latin America. We received 92 replies (2007: 63 replies). Respondents were asked to nominate the top three companies in each of the countries or sectors they covered, bearing in mind market strength, profitability, growth potential, quality of management and earnings. Points were awarded on a scale of 4:3:2. for first-, second- and third-place nominations respectively. Companies’ results are presented as a percentage of total points received in each category, together with the number of companies that received points in each category. In total, we received nominations for 341 companies for all categories.
Several other countries and industry sectors were included in the survey, but did not receive enough responses to be published.
If you would like more information about the poll, please contact Andrew Newby by email: anewby@euromoneyplc.com.
| Highest standard of corporate governance | |||||
| No. of companies cited: 74 | |||||
| 2008 | 2007 | Firm | Score | Country | Sector |
| 1 | Vale (CVRD) | 9.26% | Brazil | Metals and mining | |
| 2 | Perdigão | 7.41% | Brazil | Food and drink | |
| 3 | Banco Itaú | 4.17% | Brazil | Banking and finance | |
| 4 | Cemex | 3.70% | Mexico | Construction | |
| 5 | Cia de Minas Buenaventura | 2.55% | Peru | Metals and mining | |
| Most convincing and coherent | |||||
| No. of companies cited: 97 | |||||
| 2008 | 2007 | Firm | Score | Country | Sector |
| 1 | 3 | Vale (CVRD) | 9.15% | Brazil | Metals and mining |
| 2 | 5 | Petrobras | 7.67% | Brazil | Oil and gas |
| 3 | 1 | América Móvil | 6.86% | Mexico | Telecoms |
| 4 | 7 | LAN Airlines | 4.71% | Chile | Airlines and airports |
| 5 | 10= | Cencosud | 3.63% | Chile | Retail |
| Most transparent accounts | |||||
| No. of companies cited: 88 | |||||
| 2008 | 2007 | Firm | Score | Country | Sector |
| 1 | 1 | Vale (CVRD) | 6.14% | Brazil | Metals and mining |
| 2 | 22= | América Móvil | 3.58% | Mexico | Telecoms |
| 3 | 15= | LAN Airlines | 3.41% | Chile | Airlines and airports |
| 4= | 4= | Petrobras | 3.24% | Brazil | Oil and gas |
| 4= | 4= | Wal-Mart de México | 3.24% | Mexico | Retail |
| Most accessible senior management | |||||
| No. of companies cited: 98 | |||||
| 2008 | 2007 | Firm | Score | Country | Sector |
| 1 | 2 | Vale (CVRD) | 3.81% | Brazil | Metals and mining |
| 2 | 27 | LAN Airlines | 3.49% | Chile | Airlines and airports |
| 3 | Lojas Renner | 2.86% | Brazil | Retail | |
| 4= | Cencosud | 2.54% | Chile | Retail | |
| 4= | 19= | GMexico – Grupo México | 2.54% | Mexico | Metals and mining |
| Most useful and informative website | |||||
| No. of companies cited: 88 | |||||
| 2008 | 2007 | Firm | Score | Country | Sector |
| 1 | 3 | Vale (CVRD) | 8.66% | Brazil | Metals and mining |
| 2 | 7 | Petrobras | 6.32% | Brazil | Oil and gas |
| 3 | 1 | Cemex | 2.71% | Mexico | Construction |
| 4= | Empresas ICA | 2.53% | Mexico | Construction | |
| 4= | Wal-Mart de México | 2.53% | Mexico | Retail | |
| Best newly listed | |||||
| No. of companies cited: 44 | |||||
| 2008 | 2007 | Firm | Score | Country | Sector |
| 1 | Bovespa | 8.27% | Brazil | Banking and finance | |
| 2 | Ecopetrol | 6.83% | Colombia | Oil and gas | |
| 3 | Redecard | 6.47% | Brazil | Banking and finance | |
| 4 | GVT | 6.12% | Brazil | Telecoms | |
| 5 | Socovesa | 5.04% | Chile | Real estate | |
