QuickScore 2.0: Enhanced Solution Helps Identify Governance Risk within Portfolio Companies
Rockville, MD; February 18, 2013 – Institutional Shareholder Services Inc. (ISS), a leading provider of corporate governance solutions to the global financial community, today launched QuickScore 2.0, the next generation of its global corporate governance scoring solution for institutional investors.
ISS Governance QuickScore 2.0 is designed to help investors identify and measure corporate governance risk within their portfolio companies. QuickScore 2.0 provides a score for each company in its coverage universe that measures the company’s level of corporate governance risk both overall and based on four broad pillars: board structure, compensation/remuneration, shareholder rights, and audit.
Scoring is similar to the previous iteration of QuickScore in that it provides a numeric score that indicates a company’s corporate governance risk. Scores range from 1 to 10, with a score of 1 indicating relatively lower governance risk and a score of 10 indicating relatively higher governance risk. Companies receive an overall score and scores across the aforementioned four pillars.
Importantly, QuickScore 2.0 subscribers have the ability to access and analyze the underlying data from which the scores are generated, allowing them to screen portfolio companies against hundreds of corporate governance factors or perform detailed side by side comparisons of two or more companies’ data profiles.
“QuickScore 2.0 represents a key update to one of ISS’ most important solutions, providing clients with even greater ability to analyze portfolio companies based on corporate governance risk,” said Stephen Harvey, ISS’ Chief Revenue Officer. “With QuickScore 2.0, clients will have access to even more nuanced scores, a larger set of underlying data, broader coverage, and more timely updates to the QuickScore database.”
Key Updates to ISS Governance QuickScore 2.0:
- Coverage universe is expanded to 4,100 companies, including constituents of the UK Euro Stoxx and Australia ASX 200;
- Methodology has been enhanced to align scores with quantitative modeling, global governance standards and ISS voting policy;
- New data sets are available to subscribers comprising additional governance factors, including a new compensation pillar in Japan; and
- New event-driven data updates are introduced with QuickScore 2.0 integrating changes related to companies’ governance structures on an ongoing basis.
For further information on ISS Governance QuickScore 2.0, please click here.
