Expert RA Reaffirmed Rating to Generating Company
OREANDA-NEWS. January 19, 2012. "Expert RA" rating confirmed the quality of governance at the level of the generating company "7" ("Well-developed corporate governance practices.")
Factors had a positive impact on the rating of the generating company, is a high level of interaction between the management company, a high level of disclosure of non-financial information, a high level of financial disclosure. "In 2011 the company sold a number of major social, sponsorship and charitable projects for people. Active participation in the life of the region shows a good level of corporate social responsibility organization and creates a favorable environment for its activity ", - says head of corporate and investment ratings "Expert RA" Pavel Mitrofanov.
Among the factors that limit the level of rating agency analysts were classified as self-management of the company register of shareholders, the lack of collegial executive body of the absence of rotation of external auditors and the lack of organization of the risk management system.
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