30 businesses recognised for fair disclosure
30 businesses recognised for fair disclosure
The Hanoi Stock Exchange (HNX) will celebrate 30 listed businesses deemed 2015-16 industry leaders in fair disclosure as part of the Exchange's annual listed businesses conference on November 11.
The conference's goal this year is to provide a comprehensive overview of the implementation of fair information publishing and corporate management within HNX's listed companies, to boost the quality of disclosure, and to find a solid reference for new policies on administration.
The conference will focus on a total of 344 validated companies currently listed on the HNX.
The 102 evaluation criteria of a company's fair disclosure policies, based on the core principles of corporate management, include compliance and willingness in practice.
Data used in the process of fair disclosure evaluation came from the listed companies' official reports on their websites and from HNX's homepage and other publications issued by the companies.
Overall evaluation showed that on a scale of 100 per cent, the average score of fair disclosure for HNX's listed companies in 2016 was 51.3 per cent, an increase of 0.5 per cent compared to 2015.
The Asia-Pacific Institute of Management of the National Economics University is in charge of collecting the needed data and conducting the analysis.
