Best Latam companies 2009: Best corporate governance by country

Euromoney’s 2009 best managed companies in Latin America Petrobras makes the most of a special situation Award winners Highest standard of corporate governance Most convincing and coherent business strategy Most improved Most transparent accounts Most accessible senior management Most useful and informative website Best small company Most convincing and coherent by country Most convincing and […]

Euromoney’s 2009 best managed companies in Latin America
Petrobras makes the most of a special situation
Award winners
Highest standard of corporate governance Most convincing and coherent business strategy
Most improved Most transparent accounts
Most accessible senior management Most useful and informative website
Best small company Most convincing and coherent by country
Most convincing and coherent by sector Best corporate governance by country
Methodology

Euromoney’s Latin American company ranking is based on a survey of market analysts at banks and research institutes in Latin America.
We received 126 replies (against 92 replies for 2008). Respondents were asked to nominate the top-three companies overall by service categories; overall by country; and overall by sector – bearing in mind market strength, profitability, growth potential, quality of management and earnings. Results may differ overall by category and by country as respondents could choose to fill out only the country category relevant to them. 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.
A number of 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 email tmoxon@euromoneyplc.com.

Argentina
No. of companies cited: 11
2009 2008 Firm Score Sector
1 1 Tenaris 37.1% Iron and steel
2 4 Ternium 12.9% Iron and steel
Brazil
No. of companies cited: 39
2009 2008 Firm Score Sector
1= Banco Itaú 6.7% Banking and finance
1= 4 Lojas Renner 6.7% Retail
3 2 Perdigão 6.3% Food and drink
Chile
No. of companies cited: 14
2009 2008 Firm Score Sector
1 LAN Airlines 25.0% Airlines and airports
2 Falabella 13.0% Retail
3 Entel 9.8% Telecoms
Colombia
No. of companies cited: 8
2009 2008 Firm Score Sector
1 2 Bancolombia 33.7% Banking and finance
2 Ecopetrol 15.7% Oil and gas
3 1 Interconexión Eléctrica 14.5% Utilities
Mexico
No. of companies cited: 20
2009 2008 Firm Score Sector
1 2 Wal-Mart de México 15.4% Retail
2 América Móvil 12.8% Telecoms
3 3 Femsa 9.4% Food and drink
Panama
No. of companies cited: 4
2009 2008 Firm Score Sector
1 Grupo Mundial Tenedora 35.3% Financial Services
Peru
No. of companies cited: 8
2009 2008 Firm Score Sector
1 1 Cia de Minas Buenaventura 25.0% Metals and mining
2 Ferreyros 20.0% Construction
3 2 Credicorp 17.5% Banking and finance