Stewart Information Services Corp. (NYSE-STC) was recently recognized by Forbes as one of the Top 100 Most Trustworthy Companies in America. Stewart was selected based on an independent audit of 8,000 companies listed on the U.S. stock exchanges.
“Stewart is extremely proud that the integrity with which we’ve operated for well over a century has been recognized by Forbes, and we’re honored to be part of such a distinguished group,” says Matt Morris, CEO of Stewart. “Stewart has always held trust and integrity as part of our core values. Not only it is the right thing to do, it provides a foundation for withstanding economic downturns and ensuring our future success.”
Independent financial analytics company, GMI Ratings (GMI), selected the top 100 companies based on a quantitative and qualitative analysis assessing the quality of corporate accounting and management practices. Factors that weigh into the evaluation include executive compensation levels, management turnover, accounting practices, existence of positive events and the absence of negative events, among other criteria.
To qualify, each of the top 100 companies had to have market caps of $250 million or more as of March 13, 2012. Further, they must have maintained a “conservative” or “average” accounting and governance risk score (AGR) for four consecutive quarters.
For more information, visit http://www.stewart.com/news.