TDS: A 2012 most trustworthy company

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TDS – A 2012 most trustworthy company

TEAM Companies’ parent company, Telephone and Data Systems is one of only 100 companies to be named Most Trustworthy for 2012 by Forbes and Governance Metrics International (GMI), formerly Audit Integrity. GMI analyzed more than 8,000 companies before selecting the top 100. TDS also made the list in 2010 (no list was produced in 2011).

For 2012, TDS had an accounting and governance risk score of 98 out of 100.

From the Forbes article:

“Over the last few years, corporate scandals, bailouts, and bankruptcies have greatly damaged investors’ trust in some of the country’s largest public companies. However, even today, many corporations are models of openness and integrity. We set out to identify the most transparent and trustworthy businesses that trade on American exchanges.”

“GMI’s quantitative and qualitative analysis looks beyond the raw data on companies’ income statements and balance sheets to assess the true quality of corporate accounting and management practices… GMI finds that its 100 Most Trustworthy Companies have consistently demonstrated transparent and conservative accounting practices and solid corporate governance and management.”