RiskMetrics Group Inc. (NYSE: RISK), a leading provider of risk management and corporate governance services to the global financial community, today announced the launch of its new Governance Risk Indicators™ (GRId) on March 17, 2010. GRId assessments will provide institutional investors with a high-level benchmark of the potential risks stemming from companies’ governance practices and structures. The fully open GRId methodology is designed to reflect governance best practices in markets worldwide and draws on a robust data set.

“The financial crisis has reminded investors of the importance of understanding governance-related risks,” said Stephen Harvey, Head of Governance Services at RiskMetrics Group. “We believe market participants should have a consistent and meaningful way to evaluate the most important governance practices in their markets. GRId’s open methodology will enable anyone to thoroughly analyze the Indicators to identify issues and suggest improvements.”

Specifically, GRId will focus on an absolute level of concern (low, medium, high) across four independent dimensions: board, compensation/remuneration, shareholder rights and audit. The risk assessment measures the degree to which a company’s governance structures may meet, or fall short of, best practices in a particular market. The absolute measure ensures assessments are determined entirely by a company’s own governance practices.

At the core of the GRId methodology for each market is a set of 60 to 80 questions that collectively examine a company’s practices across the aforementioned dimensions. GRId questions, and the weightings applied to the responses, are tailored to the governance dynamics of each market covered. GRId therefore provides a comprehensive screen of governance-related risk, both in terms of data and universe coverage.

“Corporate governance practices globally have come a long way in the last decade, with market practices evolving to meet the increasing needs of investors,” said Dr. Martha Carter, Head of Global Governance Research at RiskMetrics Group. “By aligning GRId with our annual policy development process, we ensure the assessments reflect market variations and are timely and consistent.”

Beginning the first half of 2010, the GRId universe will comprise roughly 8,000 global companies, with an expansion to additional markets, including Japan and Australia, scheduled for the second half of 2010. The initial coverage universe for GRId includes the U.S., Canada, U.K., France, Germany, the Netherlands, and Sweden.

On March 17, 2010 RiskMetrics’ will publish GRId assessments on its proxy research reports and make available a data verification site for corporate issuers. Additionally, CGQ scores will be frozen and the high-level GRId ratings will be available on Yahoo! Finance. CGQ scores will be retired completely at the end of June 2010.

To learn more about RiskMetrics’ GRId, please visit: www.riskmetrics.com/grid-info. Currently, this site includes a technical document, white paper, additional information on GRId for corporate issuers and institutional investors, and a sample of how GRId will appear in RiskMetrics’ proxy research reports.

About RiskMetrics Group

RiskMetrics Group is a leading provider of risk management and corporate governance products and services to participants in the global financial markets. By bringing transparency, expertise and access to the financial markets, RiskMetrics Group helps investors better understand and manage the risks associated with their financial holdings. Our solutions address a broad spectrum of risk across our clients' financial assets. Headquartered in New York with 20 global offices, RiskMetrics Group services some of the most prestigious institutions and corporations worldwide. To learn more about RiskMetrics Group, please visit: www.riskmetrics.com.

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