FinanceAsia, a leading financial publishing company, has named Ayala Corporation as the best managed public company in the Philippines for the second year in a row. Ayala was a runaway winner in this category scoring a high of 41 points, followed by 2nd place by Ayala Land, which scored 21, and Globe Telecom ranking 4th with 14.
On the corporate governance front, Ayala held onto the top spot for the fourth straight year, while Ayala Land and Globe ranked 2nd and 7th, respectively.
The same strong scores were also noted for the Ayala group in the best investor relations and commitment to good dividends categories. Ayala Land, Ayala, and Globe filled the higher ranks of the investor relations poll, placing 1st, 2nd, and 4th place, respectively. Meanwhile, Globe, Ayala Land, Ayala, and Manila water were recognized for their dividends payments policies.
The publication also named the three Best CEOs and CFOs, with Ayala execs winning the prized plums. Ayala Land’s Jaime Ysmael was named top CFO, a repeat of last year’s performance, while AYala’s Delfin C. Gonzalez, Jr. followed in 3rd place. Globe’s Ernest Cu ranked 2nd in the CEO category.
The poll respondents include over 250 managers and buy-side analysts from around the world, running mandates that include, or were dedicated to, Asian listed companies.