Introduction

The Nigerian Corporate Governance Rating System (CGRS) is a joint initiative between the Nigeria Stock Exchange (NSE) and the Convention on Business Integrity in Nigeria...

Why Launch a Corporate Governance Stock Exchange Index?

In a 2013 comparative analysis for the World Bank and IFC[1], PGS Advisors identified three principal motives by stock exchanges to launch corporate...

Who Gets Evaluated?

When launching a CG Index, two principal choices about its setup must be made.  How an index is constructed has important consequences for the level...

The CGRS Methodology

The CGRS consists of three components, which is a unique setup in the world of stock exchange corporate governance indices as will be further explained...

The Presentation of Results: Transparency & Disclosure Of CGRS

Effective communication and transparency about the criteria and methods used in assessing companies for inclusion in a CG index are essential building blocks for...

How The Evaluation Works

1.  THE THREE-COMPONENT EVALUATION SETUP Component 1 (Corporate Compliance Self-Assessment): Component 1 is based on a company’s self-evaluation. After the self...

CGRS Disclosure

The CGRS is aiming at full publication of its rating methodology, governance structures, and – crucially – the rating results and reports for qualifying companies, as well...

Funding Structure of the CGRS

Existing indices employ one of two models:  either the company pays, or the stock exchange pays. In China, Mexico and South Africa the stock exchange...