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Governance score
Out of 100, how honest the reporting and the ownership look — what the auditor said, promoter shares pledged to lenders, whether the promoters are selling out, and whether the exchange has it under watch. Full marks to begin with, then charged for what is found.
Example
A clean audit, no pledge, steady promoters and no surveillance is 100; a qualified audit opinion alone takes a large bite.
Worth knowing
Part of the Business score. Most companies score high here — a low number is the signal, a high one is the norm.