GAMMA

Standard & Poor's GAMMA (Governance-Accountability, Management Metrics & Analysis) is designed for equity investors in emerging markets who are interested in non-financial risk assessment, and in particular, assessment of corporate governance risk.

A GAMMA score reflects Standard & Poor's opinion of the relative strength of a company's corporate governance practices and can be used by investors to help protect against potential governance-related losses of value or failure to create value.

Valuable for both the individual investor and for companies, GAMMA helps market participants gain a better understanding of the governance risk associated with an investment in a particular company.  GAMMA analysis has several applications including investment screening, highlighting areas for an individual firm's improvement, assisting investors in engagement with companies about corporate governance concerns.  And for companies, GAMMA can serve as a road map for improvement, a proxy for equity risk assessment addressing non-financial risks, and a communications tool to inform investors about specific levels of governance-related risks.

To view the GAMMA analytical content, click here