HK Magazine cites SM Investments as the strongest Philippine company in Corporate Governance

Hong Kong-based Alpha Southeast Asia magazine has recognized SM Investments Corporation as the best Philippine company with the highest adherence to corporate governance in its 14th Institutional Investor Corporate Awards.

This is SM’s ninth victory in that category, after voting by 586 investors and analysts from across the Southeast Asian region, as well as the US and Europe.

“At SM, we maintain the highest standards of corporate governance in line with our commitment to achieving shared value for our stakeholders, towards responsible and sustainable development of the communities we serve,” stated Frederic C. DyBuncio, President and CEO of SM Investments.

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SM Investments also ranked among the top five performers in the categories of Most Organized Investor Relations, its 13th win, and Best Strategic CSR (Corporate Social Responsibility).

The Alpha Southeast Asia survey included fund managers with investment interests in Southeast Asia, large institutional investors, insurance companies, pension funds, funds of hedge funds, private banks, equity and fixed income brokers, as well as buying and selling analysts.

SM Investments also ranked among the top five performers in the Most Organized Investor Relations categories.

A total of 38 listed companies from across Southeast Asia were ranked this year, representing the crème-de-la crème of best practices in corporate governance, investor relations, information disclosure, transparency, financial management , integrated reports, CSR and/or dividend policy.