tỷ lệ bóng đá hôm nay kèo nhà cái Phat Dat honored with Corporate Governance Awards 2020 by HOSE

On 4th December 2020, at tỷ lệ bóng đá hôm nay kèo nhà cái 2020 Vietnam Listed Company Awards Ceremony, Phat Dat Real Estate Development Corporation (Ticker: PDR) was honored with tỷ lệ bóng đá hôm nay kèo nhà cái Outstanding Progress Award in Corporate Governance (CG) category by tỷ lệ bóng đá hôm nay kèo nhà cái HCM City Stock Exchange (HOSE), tỷ lệ bóng đá hôm nay kèo nhà cái Hanoi Stock Exchange (HNX), and Vietnam Investment Review Magazine.

Outstanding Progress in Corporate Governance

tỷ lệ bóng đá hôm nay kèo nhà cái assessment process involves many stages in which tỷ lệ bóng đá hôm nay kèo nhà cái preliminary round has an independent third-party Judge Panel evaluate tỷ lệ bóng đá hôm nay kèo nhà cái CG section of listed businesses in tỷ lệ bóng đá hôm nay kèo nhà cái VNX-Allshare Index, based on tỷ lệ bóng đá hôm nay kèo nhà cái 2020 Vietnam Corporate Governance Scorecard (VCGS).

Additionally, a thorough set of in-depth criteria is developed according to tỷ lệ bóng đá hôm nay kèo nhà cái CG standards of G20/OECD and Vietnamese laws as well as tỷ lệ bóng đá hôm nay kèo nhà cái ASEAN CG Scorecard, in tỷ lệ bóng đá hôm nay kèo nhà cái hope of measuring, evaluating, and encouraging best CG practices and bringing Vietnam closer to overseas capital inflows. Then, tỷ lệ bóng đá hôm nay kèo nhà cái four global auditors of Deloitte, E&Y, KPMG, and PwC, carry out tỷ lệ bóng đá hôm nay kèo nhà cái reviews and checks to propose tỷ lệ bóng đá hôm nay kèo nhà cái final list to tỷ lệ bóng đá hôm nay kèo nhà cái Rating Committee deciding on tỷ lệ bóng đá hôm nay kèo nhà cái winners.

Achieving tỷ lệ bóng đá hôm nay kèo nhà cái Outstanding Progress in CG category is a token of recognition of PDR’s efforts in constantly improving CG practices, demonstrating a high degree of PDR’s compliance to Decree No. 155/2015/BTC regulating transparent, sufficient, accurate, timely information disclosure. In particular, PDR’s CG practices manifest themselves through: tỷ lệ bóng đá hôm nay kèo nhà cái conduction of AGM of Shareholders got enhanced by delivering tỷ lệ bóng đá hôm nay kèo nhà cái documents with efficiency and accuracy in a timely manner, a well-established risk-controlling process includes many layers of protection, and tỷ lệ bóng đá hôm nay kèo nhà cái number of Independent Members satisfies tỷ lệ bóng đá hôm nay kèo nhà cái proportion of 38% Board Members.

Adequately satisfying standard CG practices, as a result, PDR has gained favorable attention from prestigious international rankings and organizations such as Forbes Asia, MSCI Frontier Market 100 Index, and tỷ lệ bóng đá hôm nay kèo nhà cái International Business Awards®.

Mr. Le Van Dung – PDR’s Deputy Director of Investment Management receiving tỷ lệ bóng đá hôm nay kèo nhà cái award.

Corporate Governance in parallel with sustainable development

In addition to minimizing risk, demonstrating transparency and commitments, and reducing cost, PDR focuses on boosting revenue and profit in many other aspects and, ultimately, raising investors’ confidence. Firstly mentioned, PDR develops projects with high speed to create steady and stable income flows in tỷ lệ bóng đá hôm nay kèo nhà cái future. Meanwhile, PDR convenes tỷ lệ bóng đá hôm nay kèo nhà cái digital transformation through an ERP system, enhances human resources, and fosters corporate culture, heading sustainable development. This central idea has made PDR boldly invest in good CG and brought about practical positive business results.

According to VLCA’s statistics, businesses with good CG scores have higher share prices than those with poor governance. tỷ lệ bóng đá hôm nay kèo nhà cái following graph shows tỷ lệ bóng đá hôm nay kèo nhà cái relationship between tỷ lệ bóng đá hôm nay kèo nhà cái P/B index (vertical axis) and CC scores (horizontal axis

Quality of CG versus Price-to-Book value of businesses on tỷ lệ bóng đá hôm nay kèo nhà cái market
Source: VLCA’s Report on 2019 CG status of Vietnamese-listed companies
 

In a Forbes report, tỷ lệ bóng đá hôm nay kèo nhà cái biggest institutional activists include BlackRock, with more than $6 billion in assets under management, and Vanguard Group, with $5 billion, have initiated public campaigns to impose requirements on firms and pressure on management for CG improvement. According to a 2018 Shareholder Activist Insight report by Activist Insight, tỷ lệ bóng đá hôm nay kèo nhà cái number of companies receiving governance-related proposals has increased by an average of 11% each year in tỷ lệ bóng đá hôm nay kèo nhà cái period of 2014-2017.

Quality of CG versus Price-to-Book value of businesses on tỷ lệ bóng đá hôm nay kèo nhà cái market
Source: VLCA’s Report on 2019 CG status of Vietnamese-listed companies
 

As such, tỷ lệ bóng đá hôm nay kèo nhà cái Outstanding Progress Award indicates that good CG practices go beyond simply meeting legal regulations but to reach higher sustainable values. Hence, based on such a clear perception, PDR will deliver good CG practices toward trusted shared values among shareholders.