Four companies swept the board in Institutional Investor's rankings of Asia excluding-Japan (AXJ) corporate leaders, as chosen by almost 1,400 investment professionals.
China State Construction International, a Hong Kong construction and engineering business, Kerry Logistics Network, the Hong Kong-based freight and warehouse provider, Macau resort company MGM China, and Taiwan Semiconductor Manufacturing (TSMC), best known as a key supplier to Apple, had the best chief executives, chief financial officers, investor relations (IR) heads and IR programs in their industries, according to Asia-focused investment pros.
Institutional Investor, the global finance magazine, published its 2016 All-Asia Executive Team rankings on Tuesday in the U.S.
The magazine asked portfolio managers and buy- and sell-side analysts at nearly 600 financial institutions to score the performance of executives at companies they covered, as well as the companies themselves on various IR and corporate governance issues such as whether the companies made their boards and senior executives accessible to investors and whether they provided timely disclosures of essential financial information.
The buy-side professionals surveyed manage an estimated $963 billion worth of AXJ securities. To be eligible for the rankings, the companies needed to have their HQ in AXJ and trade on a regional exchange.