Mukesh Ambani-led Reliance Industries has been ranked second in the list of world's 10 biggest 'sustainable value creators' — companies that have been successful in creating the most shareholder value over the last decade — prepared by Boston Consulting Group.
The list compiled by the global management consulting firm names Brazil-based mining and materials giant Vale as the top value creator worldwide for the 2000-2009 period.
"One side effect of the Great Recession has been to accelerate the ascent of companies from rapidly developing economies to the top ranks of the world's creators of shareholder value," BCG said in the report titled 'Threading the Needle: Value Creation in a Low-Growth Economy'.
The ranking identifies large global companies with a market capitalisation of at least $35 billion that have been the "most successful at sustaining superior value creation over 10 years."
more at:The Times of India
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