Patterson Companies named to Forbes list of most trustworthy companies
For the fourth year in a row, Patterson Companies Inc. (Nasdaq: PDCO) has been named to the Forbes list of 100 Most Trustworthy Companies in America. Patterson is one of only two companies in 2015 that have appeared on the list four consecutive times since 2012.
“This recognition demonstrates Patterson’s commitment to integrity, and we are honored to be on the Forbes list for the fourth consecutive year,” said Scott P. Anderson, chairperson and CEO. “Our achievement is due to the dedication and commitment of our employees, who continue to place the customer as our top priority. Patterson employees hold tightly to our core values of partnership, excellence, [. . .] innovation, and the belief that how we conduct our business directly affects the company’s reputation and long-term value.”
To create this list, MSCI ESG Research screened more than 5,500 publicly traded North American companies for Forbes in order to identify the 100 that most consistently demonstrated transparent accounting practices and solid corporate governance. Those top 100 companies have the strongest Accounting and Governance Risk (AGR) rankings, which are the composite scores by which organizations were judged. Factors considered included high-risk behaviors, such as regulatory actions, amended filings, revenue and expense recognition methods, and bankruptcy risk.