Best managed companies in Asia 2010: The best go from strength to strength
Asia’s best-managed companies have come out of the financial crisis in better shape than their peers. That’s no surprise: prudent gearing, transparency, good governance and clear strategy have characterized the leaders, highlighted in Euromoney’s Asia’s best managed companies poll. Chris Wright reports.
|Asia’s best companies 2010|
|The best go from strength to strength|
|Most convincing and coherent strategy|
THINGS HAVE NOT been easy in the past year for any of Asia’s companies, even the best-run ones. Take CapitaLand. For many years the favourite Singapore blue chip among Asia portfolio managers, this time last year its whole approach to business was being questioned. "As global liquidity tightened and real estate transaction volumes dried up, analysts were raising concerns that our business model – which focuses on capital recycling and capital productivity – was broken," recalls Olivier Lim, group chief financial officer at CapitaLand.