Asia’s best managed companies: Best corporate governance by country

Euromoney targeted equity analysts covering Asian companies that were constituents as of July 26 2007 of the following indices, the biggest exchanges for domestic shares in the respective countries: Shanghai Composite (People’s Republic of China);

Hang Seng (Hong Kong);

Seoul Composite (Korea);

KLSE Composite (Malaysia);

Philippine Stock Exchange (Philippines);

Straits Times Index (Singapore);

Taiwan SE Weighted Index (Taiwan);

SET (Thailand);

BSE 30 (India).

Euromoney’s annual Asia company ranking is based on a survey of market analysts at leading banks and research institutes in Asia. Polling took place from August 29 to October 12 2007.

We received replies from 128 analysts who made a total of 2,744 nominations for 470 companies. 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 and quality of management and earnings.

Points were awarded on the scale of 4:3:2 for nominations for 1st, 2nd and 3rd places respectively.

A number of other countries and industry sectors were included in the survey, but did not receive enough responses to be published.