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News : RingCentral Named To Forbes List of 100 Most Trustworthy Companies
Belmont, CA, USA, May 19, 2016 -- RingCentral, Inc. (NYSE:RNG), a provider of cloud business communication and collaboration solutions, announced that it was named to Forbes’ List of 100 Most Trustworthy Companies in America for 2016.
The Forbes List of 100 Most Trustworthy Companies is assembled every year by MSCI ESG Research, an independent research firm that vets more than 5,500 publicly-traded North American companies to identify those that consistently display transparent accounting practices and concrete corporate governance.
Companies are ranked based on their Aggressive Accounting and Governance Risk (AGRs) and scored on a 1 to 100 point scale. Aspects considered include high-risk behaviors like regulatory actions, amended filings, revenue and expense recognition methods, and bankruptcy risk.
RingCentral is shown in the mid-market cap group and scored an 88 for its current AGR and an 83 average AGR for the last four quarters.
"We are so honored to be a part of Forbes’ List of 100 Most Trustworthy Companies in America," said Vlad Shmunis, RingCentral Founder, Chairman and CEO. "This recognition reinforces our core values and our position as a leader and trusted partner in the market. As enterprises want to work with the most reputable companies, trust and dedication are paramount qualities and RingCentral is 100% committed to providing the best experience possible for customers and employees."
Posted by Veronica Silva Cusi, news correspondent
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About RingCentral, Inc.:
RingCentral is a publicly traded provider of cloud-based phone systems for businesses. It is headquartered in Belmont, California and has offices in Denver, Colorado; Manila, Philippines; Xiamen, China; St. Petersburg, Russia and Odessa Ukraine.
Published: Monday, May 23, 2016