How Trustworthy Is Your Company?

Last week, an executive roundtable session was held here in Atlanta at the Carter Presidential Center to discuss views on the increasing need to rethink corporate governance.  During the session, Walter Smiechewicz from Audit Integrity provided some compelling insights into measuring corporate governance practices and the overall value of having a strong corporate governance program.

Audit Integrity bases their analysis of corporate governance practices in a proprietary ratings methodology they refer to as Accounting and Governance Risk or AGR.  The firm has analyzed public financial statements and related disclosures to calculate an AGR rating for every U.S. publicly traded company.  Using these ratings, Audit Integrity has also determined a strong correlation between higher AGR ratings and higher shareholder returns.  As a testament to the accuracy of the AGR rating, Forbes magazine has used the AGR as the primary basis for their 100 Most Trustworthy Companies List for the past three years.

If you are interested in improving your AGR rating or simply want to learn more about better corporate governance, visit www.WheelhouseAdvisors.com.