Research categories
1 Novo Nordisk‘Novo Nordisk is very responsive from the top down and consistently provides the best disclosure in my sector’ – Germany, sell side‘Novo Nordisk’s corporate governance is excellent, and there have never been any issues with it’ – Denmark, buy side
‘The level of information supplied by Novo Nordisk is outstanding. There is a great level of disclosure, compared with other Danish companies’ – Denmark, sell side
2 ASML‘What I really like is the transparency of ASML’s corporate governance, specifically in terms of its long-term asset allocations and investment decisions. It makes me feel more comfortable being involved in its operations as I can also make decisions for myself on the viability of the company in the long term’ – Germany, buy side ‘ASML is very clear on governance issues and communicating how the business is doing. This gives us good insight into it and the market as a whole’ – Netherlands, buy side
=3 EDP – Energias de Portugal‘EDP’s corporate governance is one of the best in Portugal. It explains its policies very clearly to investors, making it well understood by the market’ – Portugal, sell side
=3 Intesa Sanpaolo‘In terms of corporate governance, Intesa Sanpaolo consistently outperforms peers and sets aggressive targets’ – Canada, buy side=3 Munich Re‘Munich Re places a high value on disclosure – Netherlands, buy side =6 ASR Nederland‘ASR Nederland’s corporate governance policies are shareholder-friendly. The firm consistently executes its communicated strategies and has a great track record of being reliable’ – Germany, buy side =6 Banco Santander‘Santander provides clear and consistent disclosure across the spectrum of issuing entities, and stands out for having a female chair’ – UK, sell side =6 Nestlé‘Nestlé is the only company I can think of that ticks all the boxes in terms of corporate governance. It has a full set of mid-term targets and stands out for that. Some companies have no-go areas, but not Nestlé. Also, some companies might have a diverse board, but are weaker in other aspects. Nestlé is going in the right direction with everything’– Switzerland, sell side 9 Allianz‘Allianz informs stakeholders about the most important issues in a proper way’ – Austria, sell side =10 AstraZeneca‘AstraZeneca is continuing its long track record of brilliant communication on complex topics’ – Sweden, sell side =10 DSV‘Good transparency and shareholder feedback from DSV’ – Germany, buy side
