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globalindustryclassificationstandard

global industry classification standard

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Definitions of global industry classification standard in various dictionaries:

GLOBAL INDUSTRY CLASSIFICATION STANDARD - The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the globa...

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Global industry classification standard description
The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 24 industry groups, 69 industries and 158 sub-industries into which S&P has categorized all major public companies. The system is similar to ICB (Industry Classification Benchmark), a classification structure maintained by FTSE Group.
* GICS is used as a basis for S&P and MSCI financial market indexes in which each company is assigned to a sub-industry, and to a industry, industry group, and sector, by its principal business activity.
* "GICS" is a registered trademark of McGraw Hill Financial and MSCI Inc.*
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