Hon Hai Precision Industry Co (鴻海精密), the world’s largest contract electronics manufacturer, has made it to the top 5 percent of listed and over-the-counter (OTC) companies in the Taiwan Stock Exchange’s (TAIEX’s) corporate governance assessment.
Hon Hai is one of 13 listed companies on the top 5 percent list of the second Assessment of Corporate Governance, the TAIEX said yesterday.
This year, a total of 824 listed companies and 623 OTC businesses were assessed, whose indicators of information transparency have increased from 92 to 98 in terms of volume.
That 13 listed companies made it into the top 5 percent list signifies that the corporate governance assessment system, jointly established by the TAIEX and Taipei Exchange (TPEX, 櫃檯買賣中心), is highly valued by listed companies, the TAIEX said.
The companies on the top-5 percent list include Hon Hai, Uni-President Enterprises Co (統一企業), Nan Ya Plastics (南亞塑膠), Lite-On Technology Corp (光寶科技), Siliconware Precision Industries Co (SPIL,矽品) and Taiwan Semiconductor Manufacturing Co (TSMC, 台積電).
Among them, 12 companies are in the financial sector, 15 are in the electronics sector and 14 are in the traditional manufacturing sector.
TAIEX said that thanks to the corporate governance assessment, many listed and OTC companies have begun to attach importance to company management.
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