Dow Receives Perfect Score for Corporate Governance
Midland, MI - November 17, 2009
The Dow Chemical Company recently received the highest rating possible for corporate governance practices from GovernanceMetrics International (GMI), an independent research and ratings agency. Dow was awarded a perfect overall global score of 10. Only one percent of all the companies evaluated received a score of 10. This year 44 companies, including Dow, out of 4,207 global companies assessed, received a best-in-class rating.
"It is extremely gratifying that our corporate governance and transparency efforts continue to be recognized and validated by a third party expert," said Andrew Liveris, Dow chairman and chief executive officer. "Dow, along with its Board of Directors places a priority on corporate governance and we are committed to maintaining the highest standards. We are proud of our track record of perfect performance in this arena."
GMI ratings provide institutional investors an objective way of assessing corporate governance risk as well as governance leaders in their portfolios. The criteria used to rate companies is based on an appraisal of best practices in corporate governance, statistical analysis, empirical research, stock exchange listing requirements and model corporate governance codes.
About Dow
For Editorial Information:
David Winder
The Dow Chemical Company
(989) 636-0626