For the 17th year FinanceAsia has asked investors for their views on which listed companies around Asia they consider to be the best managed, with the best senior executives and the best policies around corporate governance and other matters.
FinanceAsia received responses from more than 180 portfolio managers and buy-side analysts from around the world, running mandates that included, or were dedicated to, Asian listed companies. We thank participants for their votes.
Today we release the results for the Philippines, Taiwan and Thailand. More country results will be dsplayed throughout the week and we will also publish the list of best companies by sector.
We previously published the results for China and Hong Kong. For last year's winners, see here, here and here. The full results will be published in the May/June issue of FinanceAsia.
The Philippines
| Best managed companies | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
 Metro Pacific Investments Corporation |
38 | ||||||
2 |
Ayala Corporation | 27 | ||||||
3 |
Globe Telecom | 23 | ||||||
4 |
Ayala Land | 20 | ||||||
5 |
Meralco | 18 | ||||||
6 |
Philex Mining | 17 | ||||||
7 |
Security Bank | 13 | ||||||
8= |
GT Capital | 11 | ||||||
8= |
Universal Robina Corporation | 11 | ||||||
| Most committed to corporate governance | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Metro Pacific Investments Corporation |
24 | ||||||
2 |
Ayala Corporation | 21 | ||||||
3 |
Ayala Land | 19 | ||||||
4= |
Philex Mining | 17 | ||||||
4= |
PLDT | 17 | ||||||
6 |
Globe Telecom | 14 | ||||||
7= |
SM Investments | 11 | ||||||
7= |
SM Prime | 11 | ||||||
9 |
GT Capital | 8 | ||||||
10 |
Aboitiz Equity Ventures | 7 | ||||||
| Best at investor relations | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Metro Pacific Investments Corporation |
39 | ||||||
2 |
PLDT | 32 | ||||||
3 |
Globe Telecom | 27 | ||||||
4 |
Philex Mining | 23 | ||||||
5 |
Ayala Corporation | 18 | ||||||
6 |
BDO Unibank | 16 | ||||||
7 |
GT Capital | 15 | ||||||
8 |
Ayala Land | 12 | ||||||
9= |
Robinsons Retail | 9 | ||||||
9= |
San Miguel | 9 | ||||||
9= |
SM Prime | 9 | ||||||
| Best at corporate social responsibility | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Metro Pacific Investments Corporation |
27 | ||||||
2 |
Ayala Corporation | 23 | ||||||
3 |
Philex Mining | 18 | ||||||
4 |
Globe Telecom | 15 | ||||||
5 |
PLDT | 13 | ||||||
6= |
Aboitiz Power | 11 | ||||||
6= |
SM Investment | 11 | ||||||
6= |
SM Prime | 11 | ||||||
9= |
Aboitiz Equity Ventures | 8 | ||||||
9= |
Energy Development Corporation | 8 | ||||||
For more Philippines stories from FinanceAsia, click here.
| Best mid-cap | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
 Century Pacific Food |
24 | ||||||
2 |
Vista Land & Lifescapes
|
14 | ||||||
3 |
Filinvest Land
|
12 | ||||||
| Best small-cap | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
 Concepcion Industrial Corp |
15 | ||||||
2 |
EEI Corporation
|
12 | ||||||
3 |
Xurpas
|
10 | ||||||
| Best CEO | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Ernest Cu,
Globe Telecom |
23 | ||||||
2 |
Jose Ma Lim, Metro Pacific Investments Corporation |
15 | ||||||
3 |
Jaime Augusto Zobel de Ayala, Ayala Corporation |
11 | ||||||
| Best CFO | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
David Nicol,
Metro Pacific Investments Corporation |
24 | ||||||
2 |
Danny Y.Yu, Philex Mining |
21 | ||||||
3 |
Jaime E. Ysmael, Ayala Land |
11 | ||||||
Taiwan
| Best managed companies | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
 TSMC |
27 | ||||||
2 |
Taiwan Mobile | 24 | ||||||
3 |
Sercomm Corporation | 22 | ||||||
4 |
Chunghwa Telecom | 21 | ||||||
5 |
Far EasTone | 14 | ||||||
6 |
E-SUN Financial Holdings | 10 | ||||||
7 |
Cathay Financial Holdings | 9 | ||||||
8= |
Largan Precision | 7 | ||||||
8= |
Mediatek | 7 | ||||||
| Most committed to corporate governance | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
 Sercomm Corporation |
20 | ||||||
2 |
Chunghwa Telecom | 17 | ||||||
3 |
Taiwan Mobile | 15 | ||||||
4 |
TSMC | 13 | ||||||
5 |
E-SUN Financial Holdings | 12 | ||||||
6 |
Cathay Financial Holdings | 9 | ||||||
7= |
Largan Precision | 8 | ||||||
7= |
President Chain Store | 8 | ||||||
9 |
Far EasTone | 6 | ||||||
| Best at investor relations | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
 Taiwan Mobile |
26 | ||||||
2 |
Sercomm Corporation | 19 | ||||||
3 |
Chunghwa Telecom | 15 | ||||||
4 |
Far EasTone | 13 | ||||||
5 |
TSMC | 12 | ||||||
6= |
Chailease Holding | 10 | ||||||
6= |
E-SUN Financial Holdings | 10 | ||||||
8= |
Cathay Financial Holdings | 7 | ||||||
8= |
Largan Precision | 7 | ||||||
For more Taiwan stories from FinanceAsia, click here.
| Best at corporate social responsibility | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
 E-SUN Financial Holdings |
19 | ||||||
2= |
TSMC | 17 | ||||||
2= |
Far EasTone | 17 | ||||||
4= |
Taiwan Mobile | 13 | ||||||
4= |
Chunghwa Telecom | 13 | ||||||
6 |
Delta Electronics | 9 | ||||||
| Best mid-cap | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Sercomm Corporation |
20 | ||||||
2 |
Hota Industrial Manufacturing | 14 | ||||||
| Best small-cap | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
 Hu Lane Associate |
15 | ||||||
2 |
Adlink Technology | 9 | ||||||
3 |
Global PMX | 7 | ||||||
| Best CEO | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Yvonne Li,
Far EasTone |
21 | ||||||
2= |
Joseph Huang, E-SUN Commercial Bank |
15 | ||||||
2= |
Chang-Ken Lee, Cathay Financial Holdings |
15 | ||||||
| Best CFO | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Rosie Yu,
Taiwan Mobile |
23 | ||||||
2= |
Magi Chen, E-SUN Commercial Bank |
17 | ||||||
2= |
T.Y. Yin, Far EasTone |
17 | ||||||
Thailand
| Best managed companies | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
 Thai Union Group |
26 | ||||||
2 |
Minor International | 20 | ||||||
3 |
CP All | 18 | ||||||
4= |
Kasikornbank | 16 | ||||||
4= |
Siam Cement | 16 | ||||||
6 |
KCE Electronics | 13 | ||||||
7 |
Siam Makro | 11 | ||||||
8 |
Intouch Holdings | 8 | ||||||
| Most committed to corporate governance | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Thai Union Group |
25 | ||||||
2 |
Siam Cement | 22 | ||||||
3 |
Minor International | 17 | ||||||
4 |
Intouch Holdings | 15 | ||||||
5= |
Glow Energy | 11 | ||||||
5= |
KCE Electronics | 11 | ||||||
7 |
Siam Makro | 9 | ||||||
| Best at investor relations | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Thai Union Group |
22 | ||||||
2 |
Minor International | 17 | ||||||
3 |
Intouch Holdings | 13 | ||||||
4 |
Kasikornbank | 11 | ||||||
5= |
GFPT | 10 | ||||||
5= |
Siam Cement | 10 | ||||||
7= |
Advanced Info Service | 8 | ||||||
7= |
KCE Electronics | 8 | ||||||
For more Thailand stories from FinanceAsia, click here.
| Best at corporate social responsibility | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Thai Union Group |
21 | ||||||
2 |
Siam Cement | 18 | ||||||
3 |
Charoen Pokphand Foods | 15 | ||||||
4 |
PTT | 14 | ||||||
5 |
Minor International | 12 | ||||||
6= |
DTAC | 11 | ||||||
6= |
KCE Electronics | 11 | ||||||
| Best mid-cap | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
 GFPT |
14 | ||||||
2 |
TISCO Financial Group | 11 | ||||||
3 |
Beauty Community | 7 | ||||||
| Best small-cap | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
 Ananda Development |
12 | ||||||
2= |
The Erawan Group | 9 | ||||||
2= |
Thai Wah | 9 | ||||||
| Best CEO | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Thirapong Chansiri,
Thai Union Group |
21 | ||||||
2= |
Chartsiri Sophonpanich, Bangkok Bank |
13 | ||||||
2= |
Lars-Ake Norling, DTAC |
13 | ||||||
| Best CFO | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Joerg Aryle,
Thai Union Group |
20 | ||||||
2= |
Sverre Pedersen, DTAC |
14 | ||||||
2= |
Wannee Juntamongkol, Home Product Center |
14 | ||||||
