To determine the members of Institutional Investor’s 2019 All-Asia (ex-Japan) Executive Team, we surveyed buy-side analysts, money managers, and sell-side researchers at securities firms and financial institutions that cover the region, including those who cast and received votes in this year’s 2019 All-Asia Research Team survey. We asked voters to name companies in their coverage universes and then rate their chief executive officers, chief financial officers, and investor relations. All votes are weighted by rating (five, four, three, two, and one). We also asked them to rate the companies’ IR programs on the following attributes: senior executives are accessible; IR team is well informed and empowered to speak; timely and appropriate disclosure; responds quickly and thoroughly; corporate governance; ESG/SRI reporting; corporate documents (inc. web site); company executes on strategy. These ratings were aggregated to produce an overall IR Program rank for each company.
The overall rankings in each of the four categories — Best CEO, Best CFO, Best IR Professional, Best IR Company — are based on combined buy- and sell-side votes. Separate rosters (buy side, sell side) are also available for each award classification.
To earn the designation of Most Honored Company, a company must achieve two or more top-three appearances in the combined (buy-side and sell-side) rankings results; rank is determined by weighted score wherein each first-place position is worth three points; second place, two; and third place, one. When a tie exists in the weighted score, companies are ordered according to the number of ranked positions they receive in their industry sectors.
Derived from our 2019 All-Asia (ex-Japan) Executive Team, firms are recognized in the 2019 All-Asia (ex-Japan) Executive Team: Developed (Small and Midcap), Emerging Countries, and Overall ASEAN rankings. Using the same method as above, companies are ranked within their respective region regardless of sector to create three separate rankings. The Most Honored Company table uses the same calculation as above.
Regions in Emerging Countries include: Indonesia, Malaysia, Thailand, and the Philippines. There are no restrictions on market cap for these rankings.
Regions in Developed (Small and Midcap) include: Australia/New Zealand, China, Hong Kong, India, Singapore, South Korea and Taiwan. Small/midcap companies are defined as those with less than $10 billion in market capitalization.
Regions in ASEAN include: Cambodia, Indonesia, Malaysia, Thailand, the Philippines, Singapore and Vietnam. There are no restrictions on market cap for these rankings.
Additionally, two leader tables were created to highlight companies for best commitment to Corporate Governance and most insightful and useful reporting of ESG/SRI Metrics.
To be eligible for inclusion on the 2019 All-Asia (ex-Japan) Executive Team, a company must be headquartered in Asia. We keep confidential the identities of the survey respondents to ensure their continuing cooperation. Voters must meet eligibility requirements, and winners must achieve a minimum vote count. All ballots are subject to review by our Research Operations Group, and final results may be inspected by an independent auditor. Survey results reflect the opinions from nearly 2,500 investment professionals at 892 financial services firms.