Nokia's reputation has risen in the designation of the best listed companies

29. 09. 2022 Thursday / By: Robert Denes / Business / Exact time: BST / Print this page

A ccording to the Trust & Reputation 2022 survey focusing on listed companies, the Kone elevator company still has the best reputation among investors. The machine's reputation has therefore remained despite the fact that the company's stock fell by more than a third in one year due to the slowdown in Chinese demand.

Last year's pole position Revenio's overall value decreased by 0.27, which corresponds to a very significant value. Only three companies listed on the stock exchange had a bigger drop in points at Revenió: Nokian Renkai, Musti Group and Fortum. However, the company known for its tonometers is still the fifth best company in terms of reputation.

The loss of points for Nokian Tires and Fortum is particularly influenced by the companies' difficulties in Russia. The highest rating was achieved by the network equipment manufacturing company Nokia, which rose to 38th place, Nokia's rating increased by 0.43 points. The company was ranked 72nd last year.

“One year, the company managed to improve its overall reputation and reputation more than any other listed company in six different areas. The company improved its reputation more than others in terms of administration, economy, management, renewal, products and services, and employment," the statement said.

The Trust&Reputation 2022 Listed Companies survey examined the reputation of 81 large and medium-sized companies among Finnish private investors. The selection was made according to Nasdaq's market value classification as of January 2022.

The results show that the reputation of the companies is on average at a good level, but has decreased compared to the previous year. The average of the reputation of listed companies this year was 3.56, in the previous year's survey it was 3.60, the announcement states.

Based on the surveys, a reputation number was calculated for the companies on a scale of 1-5. You get an excellent grade if you score more than four points. Good results were achieved by companies ranked on a scale of 3.50-3.99. We have achieved a medium result if the rating is 3.00–3.49. A score of 2.50 to 2.99 was considered poor. A very low grade was given if the value was below 2.50.

We examined the reputation of the companies using eight components. What is actually affected is the company's administration, finances, management, innovativeness, interaction, products and services, what the company's workplace and responsibilities are like.


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