A dozen top Indian companies have ranked among the best in the Asia Pacific region for corporate transparency, trust, and access to top executives, according to a new research.
These companies include Motherson Sumi, Maruti, HDFC Bank, IndusInd Bank, Kotak Bank, Sun Pharma, Lupin, Cummins India, L&T, Infosys, TCS and MindTree.
“In particular, banks in India are seeing their CEOs, Investor Relation Officer (IROs) s and CFOs emerging as some of the top ranked, reflecting a commitment to accountability at the top, as well as increasing shareholder value,” Institutional Investor, a business publication, which has released the research report said.
These twelve companies figure among the ‘Most Honored Companies in Institutional Investor’s All-Asia Executive Team rankings 2016’.
The survey reflects the opinions of 1,394 investment professionals at 582 financial institutions. Respondents from the buy side work at firms that collectively manage an estimated $963 billion in Asia ex-Japan equities.
The research reflects the feedback from both buy- and sell-side analysts, with detail on the Investor Relation efforts of companies across the region.
“With continued questions over the global economic outlook post both China slow down fears and Brexit, now is the time for companies to effectively engage investors and stakeholders around the world to tell their story and secure investment dollars,” said Will Rowlands-Rees, managing director, research at Institutional Investor.
“India is emerging as a strong regional leader in these areas, with many companies across sectors doing an exceptional job of engaging the both the Asian and global investment community,” he added.
In the Asia Pacific region companies from India were ranked No. 1 in four sectors. HDFC Bank secured the top slot in banking, Motherson Sumi Systems in the Auto & Auto Parts sector, Sun Pharmaceutical Industries achieved first place in the Health Care & Pharmaceuticals sector while Infosys led the Technology/IT Services & Software sector.
