May 19, 2016
RingCentral Named To Forbes List of 100 Most Trustworthy Companies in America for 2016
BELMONT, Calif. — May 19, 2016 — RingCentral, Inc. (NYSE:RNG), a leading provider of cloud business communication and collaboration solutions, today announced that it was named to Forbes’ List of 100 Most Trustworthy Companies in America for 2016.
The Forbes List of 100 Most Trustworthy Companies is assembled every year by MSCI ESG Research, an independent research firm that vets more than 5,500 publicly-traded North American companies to identify those that consistently display transparent accounting practices and concrete corporate governance.
Companies are ranked based on their Aggressive Accounting and Governance Risk (AGRs) and scored on a 1 to 100 point scale. Aspects considered include high-risk behaviors like regulatory actions, amended filings, revenue and expense recognition methods, and bankruptcy risk.
RingCentral is shown in the mid-market cap group (between $1 and $5 billion) and scored an 88 for its current AGR and an 83 average AGR for the last four quarters.
“We are so honored to be a part of Forbes’ List of 100 Most Trustworthy Companies in America,” said Vlad Shmunis, RingCentral Founder, Chairman and CEO. “This recognition reinforces our core values and our position as a leader and trusted partner in the market. As enterprises want to work with the most reputable companies, trust and dedication are paramount qualities and RingCentral is 100% committed to providing the best experience possible for customers and employees.”
To see the full list of Forbes’ 100 Most Trustworthy Companies, click here.
RingCentral, Inc. (NYSE: RNG) is a leading provider of cloud-based business communications and collaboration solutions. RingCentral’s cloud solution is easier to manage, and more flexible and cost-efficient than legacy on-premises communications systems. It meets the needs of modern, distributed and mobile workforces spanning SMB to Enterprises globally. RingCentral, Business Communications Made Simple. RingCentral is headquartered in Belmont, Calif. RingCentral and the RingCentral logo are trademarks of RingCentral, Inc.
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