What does ADRI mean in UNCLASSIFIED

The Anti Directors Rights Index (ADRI) is an index designed to measure the level of protection a company has in place for its investors from potential conflicts of interest by directors. It assesses the extent to which a company has adopted corporate governance policies and best practices for protecting shareholders' interests. These include policies related to areas such as executive compensation, financial transparency, accountability, and shareholder accountability.

The ADRI is calculated using a proprietary formula that takes into account several indicators such as board composition and size, director independence, board diversity requirements, internal control processes and procedures, executive compensation practices, and investor protections. The higher the score on the ADRI, the more robust shareholder rights protections are in place at the company.

Some of the key indicators used to determine a company's anti-director rights index include board composition and size, director independence requirements, board diversity requirements, internal control processes and procedures, executive compensation practices, audit committee oversight responsibilities and shareholder protection mechanisms.

Companies with higher scores on their ADRI may have increased credibility with investors due to demonstrating commitment to protecting shareholder rights. Additionally, boards may be able to positively differentiate themselves from peers when it comes to attracting new capital or investment. Furthermore, it can serve as an indicator of good governance practices that are helping protect long-term returns for shareholders.

Investor protections taken into consideration when calculating an ADRI score includes things like clawback policies that provide investors with further protection against financial losses due to fraudulent or reckless management decisions; enhanced disclosure standards that ensure companies disclose pertinent information regularly; lead independent director roles that provide additional oversight in protecting investors' interests; stronger corporate governance guidelines that help provide better oversight over directors' actions; say on pay legislation giving shareholders a voice in any proposed executive compensation packages; and better voting options for investors.

Yes there is difference between an Anti Director Rights Index Score (ADRI) & Corporate Governance Rating (CGR). An ADRI measures how well a company is protecting shareholder interests while CGR examines how effectively a company adheres to various regulations set by regulatory bodies such as SEBI & CCI.

No registration process is required in order for publicly listed companies to receive their ADRI scores since these scores are calculated based on publicly available data sources such as SEC filings and corporate websites. Companies can however opt for registering with providers like START-Global Solutions who will manually verify all data collected before issuing out a final score card report.