Euromoney magazine announces today the results of its sixth yearly ranking of Best Managed Companies in Latin America, in which Brasil’s Petrobras has been recognised as both ‘Best Managed Company’ and the company with the ‘Highest Standard of Corporate Governance’ in Latin America.
Published in the March 2011 issue of the magazine, the annual Best Managed Companies in Latin America survey is the most prominent conducted by Euromoney magazine recognising corporations in Latin America. The survey rewards those companies with the most convincing and coherent business strategies by region, country and industry, as well as highlighting those which demonstrate sound practise of corporate governance. Over 265 corporations in Latin America were nominated in the survey.
The ranking is based on a survey of market analysts at major banks, consultancy firms and research institutes focusing on Latin America. Respondents were asked to nominate the top three companies in each of the countries or sectors they covered, taking into account their market strength, profitability, growth potential, quality of management and earnings.
The full results of this survey and the methodology are available online at www.euromoney.com/latam2011 as well as in the March edition of Euromoney magazine. This issue, which will reach a global audience of 140,000 readers, will in addition have bonus distribution at the IADB Annual Meeting in Calgary, Canada at the end of March.
About Euromoney:
Euromoney magazine is the flagship title of London based financial communications company Euromoney Institutional Investor PLC. Founded in 1969 by Sir Patrick Sergeant, Euromoney magazine is the voice of the international capital markets and for 42 years has offered unparalleled coverage of the global bond, equity and foreign exchange markets. Euromoney Institutional Investor PLC is a constituent of the FTSE-250 index and is listed on the London and New York Stock Exchanges.