Westlake Chemical Named in Forbes "Top 100 Most Trustworthy Companies" List
Westlake Chemical was recently named as one of Forbes Magazine’s “Top 100 Most Trustworthy Companies in America”. More than 5,500 publicly-traded North American companies were screened to identify the 100 that most “consistently demonstrated transparent accounting practices and solid corporate governance.
The companies listed in this ranking have a strong AGR rating —“Aggressive Accounting and Governance Risk”— which is a composite score considering factors such as high risk behaviors like regulatory actions, amended filings, revenue and expense recognition methods and bankruptcy risk. Companies are scored on a 1 to 100 point scale, with 70 being the lowest score to crack this year’s list.
Westlake Chemical placed 16 on the Large Cap Companies list with an AGR of 83.