Finman C

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ALIM, Sittie Hashaira K.

FINANCIAL MANAGEMENT
BSA- 2A Terminal Output

UNIVERSAL ROBINA CORPORATION,


BEST MANAGED CONSUMER COMPANY IN ASIA

Universal Robina Corp (URC) has been voted as the "Best Managed Consumer Company in Asia" and its head,
Lance Gokongwei, Best CEO for the Philippines.

The company was also ranked among the top ten in the country awards in terms of investor relations, dividend
payment, corporate governance and best managed as a public corporation by leading business magazine Finance
Asia.

As Asia's best, URC had made it for a second year in a row.

With these awards, URC joins the ranks of Asia's biggest and most trusted conglomerates, including China
Telecom and Hong Kong's Hutchison Whampoa.

Finance Asia surveyed over 250 portfolio managers and analysts.

They were asked to choose listed companies in Asia that they believe are the best managed, with the best senior
executives and best policies around dividend payments and other corporate programs.

URC, one of the Philippines' biggest and most diversified food firms, was recently conferred the "Company of
the Year" award by the Fund Managers Association of the Philippines (FMAP), after topping the group's poll of
banks and brokers.

FMAP said URC was given the award "in line with our advocacy of promoting good corporate governance and
minority shareholders protection among listed companies".

Over three years, URC's stock has grown by 264 percent.

URC has been steadily expanding its presence in the Asia-Pacific, as it seeks to grow its international business.

The company has acquired New Zealand's leading snacks food manufacturer, Griffin Foods, for about NZ$700
million (P24 billion).

Reference: http://www2.urc.com.ph/article/urc-best-managed-consumer-company-in-asia?
fbclid=IwAR02SOIZWP8oNFjvxtfLwL8Y2O4_4wZKtS7EHpCBepDjXyBcPlf7YksNSEg
 
CRITIQUE:

Universal Robina Corporation is committed to enhancing the lives of the people in the workplace and in
the communities. URC considers their work force or human resources as the most important asset of their
company. They encourage their employees to attend in house and independent training programs for
employees to develop their competency. It also designs systems and conducts trainings to ensure that
employees work in a safe environment. By providing these trainings among their employees, they will be
turning into a knowledgeable and skilled worker that will produce a high quality of products and services
that meets its organizational goals, eliminating the waste and for the continuous improvement. I couldn’t agree
more with this management practice as I believe that putting people first will be the key to our purposeful
transformation. By building up the people where it matters, they empower them to lead their strategic shift to
becoming a more sustainable company.

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