FORTUNE Magazine has revealed its list of the World’s Most Admired Companies, a report card on corporate reputation. Toyota ranks at the top for motor vehicle companies and among the top 50 of any industry. Coming in at 29th this year, Toyota moves up four spots from its previous rank of 33 last year.
The Hay Group, which conducts the research, asks respondents to select the 10 companies they admire most from a list made up of companies that rank in the top 25 percent in last year’s survey, plus those in the top 20 percent of their industry. Of the key attributes of reputation by industry, Toyota received a No. 1 ranking in seven of the nine criteria – people management, use of corporate assets, social responsibility, financial soundness, long-term investment, quality of products/services and global competitiveness.
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