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March 08, 2005
Two Wisconsin Companies Among Select Group Honored for Corporate Governance
Milwaukee-based Wisconsin Energy Corp. and Racine-based Johnson Controls Inc. were among 34 companies nationwide that received a top rating of 10 for corporate governance by GovernanceMetrics International, according to the Milwaukee Journal Sentinel. The national average rating was 7.03.
Corporate governance is increasingly on the minds of investors, said Patrick McGurn, executive vice president of Institutional Shareholder Services, which advocates for corporate governance on behalf of institutional investors. Corporate reform laws and changes by the Securities and Exchange Commission are resulting in more rapid disclosure by companies of various changes, such as departures of officers and directors.
Posted by Brian Buchanan at 04:09 PM in Wisconsin | Permalink
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