"GQR" will deploy a multi-dimensional Auditor and "Governance Quality Rating" leveraging Artificial Intelligence/Big Data. By providing a professional, independent, and globally visible rating of entity governance and auditor quality, the proposed GQR social enterprise, impact investment service will help transform the accountability and trust environment in Emerging and Developing Markets, initially in SSA countries. The innovative GQR rating approach would be multi-dimensional and cross-border, providing:
- a consistent assessment across Private Companies, Not-For-Profits/Non-Governmental Organisations, State-Owned Enterprises, Public Institutions and their auditors;
- a mezzanine assessment of sectoral regulation as well as
- a comprehensive 'whole of system' assessment of the governance environment in a country.
This innovation will stimulate investment-friendly eco-system reforms at the entity, sectoral and national levels. GQR will reduce the scope for corruption by improving transparency, entity and sector competences and practices, social trust and investor confidence through its consistently credible and visible global standards of evaluation, informed by leading-edge research in economic sociology.
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GQR is a true innovation: no service of its planned scope, sophistication and cross-border consistency currently exists for auditor quality or for entity governance.Â