Governance and Value Creation Grading

Corporate governance is about commitment to values and ethical business conduct. Good corporate governance is reflected in fair, transparent, and responsible interactions among a company's management, board of directors, shareholders, and other stakeholders. Our Governance and Value Creation (GVC) Gradings assesses corporate governance practices at a company with respect to their impact on all stakeholders who deal with the company, such as employees, suppliers, shareholders, lenders, and society.

 

A CRISIL GVC grading indicates the capability of the entity with respect to creating wealth for all its stakeholders, while adopting sound corporate governance practices. The grading measures the balanced creation of value among all stakeholders using a judicious mix of qualitative and quantitative parameters.

 

The distinctive features of CRISIL GVC© Gradings:

  • Offers a reliable and independent view of the corporate governance practices
  • Looks at actual practices through an interactive process, thereby going much beyond the scope of audit of regulatory compliance
  • Takes into account the perspectives of all stakeholders (shareholders, debt holders, employees, customers, suppliers, and the society at large)
  • Quantifies the value created on account of good governance practice
  • Recognises crucial role of stakeholders in value creation for shareholders
  • Provides an appropriate balance of quantitative and qualitative factors

 

For link to the methodology, please click here

 

 

SEBI vide its notification dated May 30, 2018, amended the (Credit Rating Agencies) Regulations 1999, by which certain activities hitherto being carried out by a credit rating agency are no longer allowed to be carried out by the credit rating agency after a period of two years from the date of notification.

 

Consequent to this, CRISIL Ratings has discontinued the following products with effect from May 31, 2020 and these have since been moved to CRISIL’s India Research division.

  • Fund Management Capability rating
  • Governance and Value Creation rating

CRISIL’s India Research business is India's largest independent integrated research house, providing insights, opinion and analysis on the Indian economy, industry, capital markets and companies.

 

For any further inputs required on these products, please reach out to CRISIL Research at the contact details provided below:

Contact

  • For Governance and Value Creation Grading

    Dharmendra Sharma
    Director - Research
    Business Development
    0124 6722503    



  • Saurabh Yadav
    Senior Regional Manager
    Business Development
    +91 9819817040
    saurabh.yadav@crisil.com