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Article: GMI Looks at Corporate Boards and Risk Oversight.
- Article from:
- Business Wire
- Article date:
- June 29, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Investors Need Greater Transparency
NEW YORK -- GovernanceMetrics International (GMI), the corporate governance research and ratings firm, announced today new findings concerning enterprise risk management and risk oversight at the board level, noting standardized disclosure is lacking at most companies.
GMI's most recent rating release, made available to clients last week, includes a number of new metrics concerning risk oversight. These had been under consideration for a while but were made paramount by ongoing turmoil in the financial and credit markets. The new metrics are now factored into the GMI rating model. Some highlights follow:
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