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Corporate Governance Rating Scale and Definitions

IIRA uses a scale of CGR-1 to 10 to rate Corporate Governance with CGR-10 being the highest possible rating and CGR-1 being the lowest possible rating.

CGR-10: Strongest Corporate Governance processes and practices overall, with very few weaknesses in any of the major areas of governance analysis.
CGR-9: Very strong Corporate Governance processes and practices overall, with few weaknesses in any of the major areas of governance analysis.
CGR-8: Strong Corporate Governance processes and practices overall, with some weaknesses in certain of the major areas of governance analysis.
CGR-7: Moderately strong Corporate Governance processes and practices overall, with weaknesses in certain of the major areas of governance analysis.
CGR-6: Satisfactory Corporate Governance processes and practices overall, with some weaknesses in several of the major areas of governance analysis.
CGR-5: Adequate Corporate Governance processes and practices overall, with weaknesses in several of the major areas of governance analysis.
CGR-4: Moderately weak Corporate Governance processes and practices overall, with weaknesses in a number of the major areas of governance analysis.
CGR-3: Weak Corporate Governance processes and practices overall, with significant weaknesses in a number of the major areas of governance analysis.
CGR-2: Very weak Corporate Governance processes and practices overall, with significant weaknesses in most of the major areas of analysis.
CGR-1: Weakest level of Corporate Governance processes and practices overall, with significant weaknesses in most of the major areas of analysis.

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