List of Korea’s 50 Most Admired Companies released
- 관리자
- Hit1031
- 2013-11-25
On March 23rd Fortune Korea and Sungkyunkwan University Institute of Management Research released Fortune’s 2010 List of Korea’s Most Admired Companies. “This is meaningful in that it is the first time that Fortune’s unique research methodology has been applied in Korea,” said Prof. Dong-Ok Cha, director of the Institute of Management Research. This is different from previous ratings done by other institutes in Korea in that this report surveyed executives, directors, and analysts to rate companies in their own industry on nine criteria, from investment value to social responsibility.
Sungkyunkwan University Institute of Management Research and Fortune Korea considered 271 companies with revenue of more than 1 trillion won and selected 124 companies ranked in the top 50 % for 10 industrial sectors.
In total 3,471 people took part in this survey, 2,548 of the general public, 766 industry-related, 121 experts. The expert group was composed of researchers at domestic institutes of management research, securities analysts, and consultants.
The survey resulted in lists of The 50 Most Admired Korean Companies and The Most Admired Korean Companies by Industry. To arrive at the 50 Most Admired Korean Companies overall, the people who took part in this industry survey responded to select the 10 companies they admired most. Respondents chose from a list made up of the companies that ranked in the top 50% covering 10 industrial sectors. The industry-related respondents and the expert group considered quality of products and services, human resources development and maintenance as core virtues.
According to the survey result, Samsung Electronics ranked 1st with the support from 2,501 of 3471 respondents followed by POSCO, Hyundai Motor, LG Electronics, and SK Telecom.
Eight affiliates of Samsung Group, 3 affiliates of Hyundai Motor and Kia Motors, and 2 affiliates of LG, Doosan, and STX made it onto the list of The 50 Most Admired Korean Companies. It was noticeable to see that there was a gap between a company’s size in sales and its level of admiration.
「Source- excerpt from Hankook Ilbo March 23rd, 2010』
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