IR Awards 2022: 385 Listed companies meet the Standard of Information Disclosure on the stock market in 2022
IR Awards 2022: 385 Listed companies meet the Standard of Information Disclosure on the stock market in 2022
In the two most recent years, 2021 and 2022, the number of listed companies that have passed the comprehensive survey on disclosure of information is more than 50%. This shows a positive change in the compliance with regulations of the authorities on information disclosure.
On June 20, 2022, the IR Awards 2022 program officially announced the ” Comprehensive survey report on information disclosure activities on the stock market in 2022 “.
Disclosure of information on the stock market is a mandatory activity for listed companies based on current legal documents. This is not only an obligation but also a responsibility of businesses to shareholders in particular and the investor community in general. The results of a comprehensive survey on information disclosure activities on the stock market in 2022 show that the number of listed companies fully and promptly meets the obligation to disclose information on both stock exchanges (HOSE and HNX ) is 385/736 units, accounting for more than 52% of the total number of enterprises surveyed.
After 12 years of conducting the survey, the IR Awards program recorded a very positive change in the percentage of listed companies (DNNY) meeting the Information Disclosure Standard over time, from only 3% (2011) to now received outstanding performance with 52% (2022). In the two most recent years, 2021 and 2022, the number of listed companies that have passed a comprehensive survey on information disclosure activities is more than 50%. This shows a positive change in the compliance with regulations of the authorities on information disclosure.
SUMMARY OF THE SURVEY REPORT
- The comprehensive survey on information disclosure is an activity under the IR Awards 2022 Program to honor listed companies that meet the Information Disclosure Standards on the stock market in 2022.
- The survey was conducted for 736 companies listed on HOSE and HNX before May 1, 2021. The survey period lasted 12 months, from May 1, 2021 to April 30, 2022. The provisions of Circular 96/2020/TT-BTC issued by the Ministry of Finance on November 16, 2020 and other regulations from relevant State agencies are used as standards for the set of survey criteria. of the program.
- The list of listed companies meeting the Information Disclosure Standards on the stock market in 2022 includes 385/736 units, accounting for more than 52% of the total number of enterprises surveyed.
- The percentage of state-owned enterprises meeting the Disclosure Standards has changed very positively over time over 12 survey periods (2011-2022), from only 3% (2011) to now record outstanding achievements with 52% (2022). ). In the two most recent years, 2021 and 2022, the number of listed companies that have passed a comprehensive survey on information disclosure activities is more than 50%. This shows a positive change in the proper observance of regulations by authorities on information disclosure of enterprises and an increase in information transparency on the Vietnamese stock market.
- Large Cap that meets the Information Disclosure Standard in 2022 includes 47/74 enterprises (equivalent to nearly 64% of the total number of units in the same group); Mid Cap has 122/229 businesses (more than 53%); Small & Micro Cap includes 216/433 businesses (nearly 50%). Large Cap continues to be the best stock market disclosure management group. All three capitalization groups recorded an oversold rate of meeting the Disclosure Standard, but businesses still need to focus on improving the quality of information disclosure. Because information disclosure is the fundamental transparency standard that any shareholder or investor pouring capital into the company needs to be ensured.
- Banking is the industry with the best disclosure in the stock market in 2022. Specifically, this industry has 13/19 enterprises meeting the Information Disclosure Standard in 2022, equivalent to 68%. Demonstrating a track record of transparency for an industry that has been a mainstay of Vietnam’s stock market for many years.
