GMI Ratings

…A  new report from GMI Ratings shows that investors can significantly boost  returns simply by looking out for certain red flags.  When GMI eliminated the  25% of companies in the Russel 3000 index that scored the lowest on its fraud  detection metrics, portfolio returns rose from 7.6%  to 9.8% over a 10 year period, a 29% [...]

…“Rigorous statistical research continues to demonstrate that corporate accounting fraud remains common and costly,” said James Kaplan, author of the study and vice chair of GMI Ratings.  “Aside from tangibly harming the shareholders of fraudulent and even non-fraudulent firms, misleading accounting and disclosure practices weaken the integrity of capital markets; they further obscure issuer risks [...]

The Wall Street Journal CFO Network conference kicks off today in Washington, D.C. This year’s event features a slate of key government officials and top executives from a whole range of big companies.  Speakers include SEC Chairman Mary Jo White, former Fed Chairman Alan Greenspan, White House Council of Economic Advisers Chairman Alan Krueger, former [...]

Someday, public companies may have to disclose the eye-popping gap between CEO pay and the average employee’s. Until then, investors must focus on the difference between a CEO’s compensation and other executives’ in the C-suite.  Twelve of the largest companies in the New York area pay their CEOs five times or more the median compensation [...]

…The broadcast network’s net income increased 6% and it has claimed the top  spot among major television channels in the key 18-to-49-year-old  demographic.  Ralph Lauren came in second, earning $36.3 million in 2012, according to  just-compiled data by GMI Ratings, an advisory firm….

… Corporate boards have less than 7  percent women, according to GMI Ratings’ Women on Boards Survey 2013, which  sampled 89 Indian companies with a market cap of over $1 billion. This is  marginally lower than the percentage in other developing countries. The survey  says that half the boards have at least one woman director. [...]

…NetSuite was recently named one of America’s 100 Most Trustworthy Companies based on GMI Ratings (GMI), and published by Forbes Magazine….

New York (June 12,  2013) – GMI Ratings announced today the formal launch of the  Quantitative Equity Model (QEM), which uses governance and accounting-related  forensic risk metrics to predict equity returns. In connection with this launch,  GMI Ratings published today detailed reports on the predictive value and other  performance characteristics of QEM for North American, [...]

…Since June 2012, GMI Ratings’ Financial Distress Risk Model has rated Exide  Technologies as “high risk” for financial distress. The most recent score for  XIDE placed the company in the lowest 1 percentile of all companies in North  America, indicating higher chance of financial distress than 99% of comparable  companies rated by GMI…

GMI Ratings and Ethix SRI Advisors have formed a partnership to integrate Ethix  SRI data into GMI Ratings’ flagship research platform, GMI Analyst. The new data  will allow subscribers to GMI Analyst to evaluate corporate issuers based, in  part, on their involvement in activities such as adult entertainment, tobacco,  gambling and firearms….

US-based governance research house GMI Ratings has formed a data integration partnership with Sweden-based Ethix SRI Advisors, a pioneer in norms-based screening, in the latest tie-up in the environmental, social and governance (ESG) research space…