We asked how GMI could rate Exxon Mobil so favorably, especially after their merger with The Corporate Library. (Tops in Corporate Governance Scores) Today, a very nice response. (A Marriage of True Minds)
Our answer could apply to any good marriage: we’re going to discuss, explore, and learn more about each other’s points of view, and then decide what to do… working very intensively internally to understand those divergent views. Hopefully, by our first anniversary, we’ll have resolved many of our newlywed disagreements.
We look forward to hearing how these divergent views are reconciled and to even better model building in the future. In the meantime, we’ll work to ensure that companies that take reasonable risks, have democratic governance and act responsibly are actually those that earn the most consistent rewards. Unfortunately, we’re still a long way from reconciling the ideal with the reality in many areas.