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03/05/2005 -

BNP Paribas Euro Zone’s Corporate Governance Champion

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BNP Paribas is the no. 1 company in the Euro Zone and the 10th worldwide according to the corporate governance index published by the FTSE Group and Institutional Shareholder Services (ISS).

The target of this ranking of corporate governance published by FTSE and ISS is to aid management with risk assessments.

It takes five criteria into account :
– Equity structure and anti-takeover devices,
– Compensation systems for Executive and Non Executive Directors
– Executive and Non-Executive stock ownership
– Equity Structure
– Structure and independence of the Board

The first four places have occupied by British companies of which BHP Hilton is leader.