Initially introduced in 2002, ISS' Corporate Governance Quotient is a widely followed rating system, covering more than 8,000 companies worldwide. CGQ provides corporations with the ability to assess governance structures and protocols against a set of transparent criteria.
Bruce Aust, executive vice president of the NASDAQ Corporate Client Group, said, “The addition of ISS' ratings to our suite of products, services and information is part of an ongoing effort to enhance transparency and facilitate communication between companies and investors. This service enables our listed companies to determine how their governance practices stack up against others in their index and industry sector.”
“Corporate governance ratings are widely used by the institutional market to uncover portfolio risk and, as an additional performance indicator,” said John Deosaran, head of ratings products for ISS. “With CGQ scores now available through NASDAQ Online, investor relations officers and corporate secretaries have increased accessibility to their scores.”
NASDAQ Corporate Services provides products, services and information to NASDAQ companies with the intent of facilitating transparency, mitigating risk and inspiring better corporate governance. For more information about NASDAQ Corporate Services, visit www.nasdaq.net.
ISS is the world's leading provider of corporate governance and proxy voting solutions. ISS provides proxy research, voting services and corporate governance advisory services to financial institutions and corporations worldwide. Founded in 1985, ISS is headquartered in Rockville, Maryland with offices in Washington DC, Amsterdam, Brussels, Chicago, London, Manila, Melbourne, New York, Paris, Tokyo and Toronto. For more information on ISS, visit www.issproxy.com.
About NASDAQ
NASDAQ is the largest U.S. electronic stock market. With approximately 3,200 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks. For more information about NASDAQ, visit the NASDAQ Web site at http://www.nasdaq.com or the NASDAQ Newsroom at http://www.nasdaq.com/newsroom/ .
