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Institutional Investor Survey Reveals Europe's Most Shareholder-Friendly Companies
France's BNP Paribas Scores the Highest Ranking Among Banks in the Financial Institutions Sector
| Source: Institutional Investor
NEW YORK, NY--(Marketwire - May 14, 2009) - Institutional Investor (www.iimagazine.com)
announces the winners of 2009 Europe's Most Shareholder-Friendly Companies
ranking, the magazine's fourth annual survey of European companies that are
the most responsive to shareholders.
France's BNP Paribas scores the highest among banks in the Financial
Institutions sector covered in this year's ranking of European companies.
BNP beats out competitors UniCredit, the Italy-based banking organization
operating in 22 European countries, and Spain's Banco Santander, the
largest bank in the euro area, which place second and third, respectively.
Other first-place winners include BASF in Chemicals, BMW in Autos & Auto
Parts and Nokia Corp. in Telecommunications Equipment.
Votes were tallied from more than 300 analysts and portfolio managers at
over 200 financial Institutions with over $2.4 trillion invested in
European equities. These asset management professionals chose the companies
that provide outstanding shareholder relations in 28 industry sectors
within seven categories.
The complete sector-by-sector ranking of the leading firms can be found on
Institutional Investor's Web site, www.iimagazine.com.
About Institutional Investor
Now entering its fifth decade, Institutional Investor has consistently
distinguished itself among the world's foremost financial publications with
ground-breaking journalism and incisive writing that provides "must read"
intelligence for a global audience. Three editions of the magazine are
published: Americas, International and Asia. In addition, throughout the
year Institutional Investor offers a host of proprietary research and
rankings that serve as respected industry benchmarks, informing and
influencing its carefully targeted circulation base throughout the year.
For more information visit www.iimagazine.com.