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 India, Indonesia and Malaysia. We will publish the list of best companies by sector tomorrow.
We previously published the results for China and Hong Kong, and for the Philippines, Taiwan and Thailand. For last year's winners, see here, here and here. The full results will be published in the May/June issue of FinanceAsia.
India
| Best managed companies | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Infosys |
24 | ||||||
2 |
HDFC Bank | 22 | ||||||
3 |
Kotak Mahindra Bank | 19 | ||||||
4 |
Power Grid Corporation of India | 18 | ||||||
5 |
Asian Paints | 15 | ||||||
6 |
Tech Mahindra | 13 | ||||||
7 |
Bharti Airtel | 12 | ||||||
8 |
Dabur | 10 | ||||||
9 |
Mahindra & Mahindra | 9 | ||||||
| Most committed to corporate governance | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
HDFC Bank |
21 | ||||||
2 |
Kotak Mahindra Bank | 18 | ||||||
3 |
Wipro | 17 | ||||||
4 |
Idea Cellular | 14 | ||||||
5 |
Infosys | 13 | ||||||
6= |
Bharti Airtel | 10 | ||||||
6= |
Tech Mahindra | 10 | ||||||
8 |
Mahindra & Mahindra | 9 | ||||||
9 |
Power Grid Corporation of India | 7 | ||||||
| Best at investor relations | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
HDFC Bank |
23 | ||||||
2 |
Kotak Mahindra Bank | 17 | ||||||
3 |
Tata Steel | 15 | ||||||
4 |
Bharti Airtel | 14 | ||||||
5= |
Infosys | 12 | ||||||
5= |
Tech Mahindra | 12 | ||||||
7 |
Idea Cellular | 11 | ||||||
8 |
Asian Paints | 9 | ||||||
9 |
Bajaj Auto | 6 | ||||||
| Best at corporate social responsibility | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1= |
Bharti Airtel |
20 | ||||||
1= |
Kotak Mahindra Bank |
20 | ||||||
3 |
Tata Consultancy Services | 17 | ||||||
4= |
Idea Cellular | 14 | ||||||
4= |
Tech Mahindra | 14 | ||||||
6 |
Marico | 12 | ||||||
7 |
Tata Steel | 11 | ||||||
8= |
HDFC Bank | 9 | ||||||
8= |
Infosys | 9 | ||||||
For more India stories from FinanceAsia, click here.
| Best mid-cap | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
V-Guard Industries |
14 | ||||||
2= |
SRF Limited | 11 | ||||||
2= |
Symphony | 11 | ||||||
| Best small-cap | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Borosil Glass Works |
11 | ||||||
2 |
KNR Constructions | 8 | ||||||
3 |
Navkar Corp | 5 | ||||||
| Best CEO | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Aditya Puri,
HDFC Bank |
17 | ||||||
2 |
Gopal Vittal, Bharti Airtel |
15 | ||||||
3 |
Himanshu Kapania, Idea Cellular |
10 | ||||||
| Best CFO | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Akshaya Moondra,
Idea Cellular |
14 | ||||||
2 |
Badal Bagri, Bharti Airtel |
12 | ||||||
3 |
Ramesh Swaminathan, Lupin |
9 | ||||||
Indonesia
| Best managed companies | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1= |
Hanjaya Mandala Sampoerna |
20 | ||||||
1= |
Telekomunikasi Indonesia |
20 | ||||||
3 |
Bank Mandiri | 17 | ||||||
4 |
Indosat Ooredoo | 15 | ||||||
5 |
Astra International | 13 | ||||||
6 |
Bank Central Asia | 12 | ||||||
7 |
Unilever Indonesia | 10 | ||||||
8= |
MNC Kapital | 7 | ||||||
8= |
Surya Citra | 7 | ||||||
| Most committed to corporate governance | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Hanjaya Mandala Sampoerna |
18 | ||||||
2 |
Bank Mandiri | 16 | ||||||
3 |
Telekomunikasi Indonesia | 13 | ||||||
4 |
Astra International | 12 | ||||||
5 |
Unilever Indonesia | 10 | ||||||
6= |
Bank Central Asia | 8 | ||||||
6= |
Surya Citra Media | 8 | ||||||
8 |
AKR Corporindo | 6 | ||||||
9 |
Indocement Tunggal Prakasa | 5 | ||||||
| Best at investor relations | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Bank Mandiri |
16 | ||||||
2= |
Bank Central Asia | 14 | ||||||
2= |
Lippo Karawaci | 14 | ||||||
4 |
Mitra Pinasthika Mustika | 13 | ||||||
5= |
Indocement Tunggal Prakasa | 10 | ||||||
5= |
MNC Kapital | 10 | ||||||
7= |
Pakuwon Jati | 9 | ||||||
7= |
Surya Citra | 9 | ||||||
9 |
Indofood CBP Sukses Makmur | 6 | ||||||
| Best at corporate social responsibility | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Bank Mandiri |
17 | ||||||
2 |
Astra International | 14 | ||||||
3 |
Hanjaya Mandala Sampoerna | 13 | ||||||
4 |
Bank Central Asia | 10 | ||||||
5 |
Nippon Indosari Corpindo | 9 | ||||||
6 |
Surya Citra | 8 | ||||||
7= |
Indofood CBP Sukses Makmur | 6 | ||||||
7= |
MNC Kapital | 6 | ||||||
For more Indonesia stories from FinanceAsia, click here.
| Best mid-cap | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
MNC Kapital |
14 | ||||||
2 |
Nippon Indosari Corpindo | 10 | ||||||
3 |
Mitra Adiperkasa | 7 | ||||||
| Best small-cap | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Wismilak Inti Makmur |
10 | ||||||
2 |
Hero Supermarket | 8 | ||||||
| Best CEO | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Wendy Yap
Nippon Indosari Corpindo |
11 | ||||||
2 |
Djoko Susanto, Sumber Alfaria Trijaya |
8 | ||||||
Malaysia
| Best managed companies | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
DiGi.com |
21 | ||||||
2 |
My E.G. Services | 15 | ||||||
3 |
Public Bank | 12 | ||||||
4= |
Ekovest | 10 | ||||||
4= |
Maxis | 10 | ||||||
6 |
Astro Malaysia Holdings | 9 | ||||||
7= |
Maybank | 8 | ||||||
7= |
Heineken Malaysia | 8 | ||||||
9 |
Aeon Malaysia | 6 | ||||||
10 |
Padini Holdings | 4 | ||||||
| Most committed to corporate governance | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
DiGi.com |
19 | ||||||
2 |
Maxis | 15 | ||||||
3 |
My E.G. Services | 14 | ||||||
4 |
UMW Holdings | 12 | ||||||
5 |
Ekovest | 11 | ||||||
6 |
Axiata | 9 | ||||||
7= |
Sime Darby | 8 | ||||||
7= |
Public Bank | 8 | ||||||
9 |
Padini Holdings | 5 | ||||||
| Best at investor relations | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
DiGi.com |
18 | ||||||
2 |
Maxis | 14 | ||||||
3 |
My E.G. Services | 13 | ||||||
4 |
Ekovest | 10 | ||||||
5= |
Bermaz Auto | 8 | ||||||
5= |
Sime Darby | 8 | ||||||
7= |
Axiata | 6 | ||||||
7= |
Carlsberg Brewery Malaysia | 6 | ||||||
9 |
Padini Holdings | 4 | ||||||
| Best at corporate social responsibility | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
DiGi.com |
16 | ||||||
2 |
My E.G. Services | 12 | ||||||
3 |
Telekom Malaysia | 9 | ||||||
4= |
Ekovest | 8 | ||||||
4= |
Maxis | 8 | ||||||
6 |
Heineken Malaysia | 7 | ||||||
7= |
Astro | 5 | ||||||
7= |
Fraser & Neave | 5 | ||||||
For more Malaysia stories from FinanceAsia, click here.
| Best mid-cap | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
My E.G. Services |
13 | ||||||
2 |
Ekovest | 9 | ||||||
| Best small-cap | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Padini Holdings |
11 | ||||||
2 |
Cocoaland Holdings | 7 | ||||||
| Best CEO | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Albern Murty,
DiGi.com |
16 | ||||||
2 |
Morten Lundal, Maxis |
13 | ||||||
3 |
Tan Sri Jamaludin, Axiata |
9 | ||||||
| Best CFO | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rank | Company | Score | ||||||
1 |
Nasution bin Mohamed,
Maxis |
15 | ||||||
2 |
Karl Erik Broten, DiGi.com |
12 | ||||||
3 |
Chari TVT, Axiata |
8 | ||||||
For more FinanceAsia polls, click here.
