Maybe you can't get no respect, but some companies certainly can.
On Saturday, Barron's released the results of an investor survey that asked for the 100 corporations they most respected. Apple held firm at the top slot, despite the death of long-time CEO Steve Jobs. Other big winners this year include Toyota, United Parcel Service and Nestlé.
Not everyone fared so well. JPMorgan Chase, still recovering from the massive losses it experienced in May, fell 35 notches to forty-ninth on the list.
Warren Buffett's Berkshire Hathaway also suffered. "I can't respect a company whose head wants to raise my taxes," the president of Adrian Day Asset Management in Annapolis, Maryland, tells Barron's, calling out Buffett's "pseudo-folksiness."
No Chinese companies made the list either, notes Forbes contributor Panos Mourdoukoutas. The reason for China's corporate-respect deficit, he argues, is some combination of an unsound management system, government intervention, a lack of accounting transparency and a missing capitalist mindset.
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