25 March 2013 | BlueBridge One

Assessing Accounting and Governance Risk

Independent US research firm GMI Ratings has named NetSuite among the 100 most trustworthy American companies. The highly respected firm focuses on corporate governance, director/executive compensation and forensic accounting.

GMI Ratings maintains broad coverage of the environmental, social, governance (ESG) and accounting-related risks affecting the performance of public companies. The firm publishes two proprietary ratings of public companies. ESG ratings are established for nearly 6,000 companies worldwide, helping investors assess the sustainable investment value of public companies.

GMI Ratings also determines Accounting and Governance Risk (AGR) ratings for approximately 18,000 public companies worldwide. AGR ratings reflect accounting and governance practices statistically associated with risks likely to cause sharp drops in equity value.

NetSuite highest ranked large company

NetSuite’s AGR score of 99 makes it the highest ranked company (out of nine) with a large market capitalisation. James A Kaplan, Vice Chairman and Chief Executive of GMI Ratings said: “There are two unique factors to this list. First of all, it is compiled using a different set of tools. AGR uses governance and forensic accounting measures that are rarely incorporated in traditional analysis. These extra-financial measures are, in our view, an important factor in trying to understand value. Secondly, to our knowledge there are no other lists that focus on the trustworthiness of a business. There are many lists that focus on other attributes.”

He continues: “Also, we have found evidence that, on balance, the most trustworthy companies outperform their peers over the long term.  Of course the greatest benefit to a well-managed company is that their risk of negative events is minimised.”

UK customers can trust NetSuite from BlueBridge One

UK wholesale and distribution businesses looking to implement cloud based ERP and cloud-based e-commerce can rest assured that entrusting financial and business operations to a NetSuite implementation by BlueBridge One poses the lowest risks of any comparable solution. BlueBridge One is recognised by NetSuite as one of only two UK NetSuite Three Star Award winners, and we inherit the values and the trust levels that are determined by GMI Ratings AGR.

Click here to register for a FREE 14 day trial of NetSuite, the most trustworthy ERP solution on the planet.

Click here to see the article ‘America’s 100 Most Trustworthy companies’ and full list at