Alibaba Listed on World’s Most Admired Companies
City Express 2019-01-29 14:41:53

Fortune Magazine released World’s Most Admired Companies of 2019. Hangzhou-based e-commerce giant Alibaba ranked No.34, which was the only Chinese company on the list.

Apple still topped the list in a whole range of rankings, from the World’s Most Valuable Brands to the World’s Most Profitable Companies.

FORTUNE Magazine, collaborating with executive search firm Korn Ferry, explains how they calculated the results:

Fortune Magazine said it began with a universe of about 1,500 candidates: the 1,000 largest U.S. companies ranked by revenue, along with non-U.S. companies in Fortune’s Global 500 database that had revenue of $10 billion or more. 

They then winnowed the assortment to the highest-revenue companies in each industry, a total of 680 in 30 countries. The top-rated companies were picked from that pool of 680; the executives who voted work at the companies in that group.

To determine the best-regarded companies in 52 industries, Korn Ferry asked executives, directors, and analysts to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent. A company’s score must rank in the top half of its industry survey to be listed.

Alibaba has been on the list for three consecutive years.