Blog | RingCentral on Forbes Most Trusted Company List
Posted by Caroline Smoke on May 16, 2017 8:19 AM
We’re excited to announce that RingCentral has been named to the Forbes List of 100 Most Trustworthy Companies in America for the second year in a row.
Independent research firm MSCI ESG Research evaluated more than 2,300 publicly-traded North American companies to identify those that consistently display transparent accounting practices and concrete corporate governance.
MSCI reviewed non-financial US companies worth at least $250 million, and compiled the list of the top 100 based on the strength of those companies’ AGR (Accounting and Governance Risk) ratings composite scores. Factors considered include high-risk behaviors like regulatory actions, amended filings, revenue and expense recognition methods, and bankruptcy risk. Companies are scored on a 1 to 100 point scale, with 70 being the lowest score.
The list is sorted into three groups; large cap companies with market caps of $5 billion or more, mid cap companies between $1 and $5 billion, and small cap companies between $250 million and $1 billion.
RingCentral is in the mid-market cap group (between $1 and $5 billion) and scored 84 based on current AGR and 86 based on average AGR for the last 4 quarters.
This recognition reinforces RingCentral’s core values: Focused, Innovative, Trusted, and Empowering (FITE). We strive to serve as a trusted leader to our customers and partners. We are relentlessly focused on delivering technological innovation that empowers people to efficiently and effectively communicate and collaborate from anywhere on any device.
Business and IT leaders want to work with the most reputable companies to help them drive strategic value, agility, and growth. Our team is 100% committed to providing the most consistent, reliable, and truly unified communications and collaboration experience that helps customers, partners, and employees get more work done with less effort, so they can thrive in this digital age.
Here is the full list of Forbes 100 Most Trustworthy Companies.