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What is Global Industry Classification Standard mean?
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 an industry, industry group, and sector, by its principal business activity.
"GICS" is a registered trademark of McGraw Hill Financial and MSCI Inc.
reference| Full Form | Category |
|---|---|
| Geographic Identification Code Scheme | Academic & Science |
| Global Industry Classification Standard | Business |
| Grampians Integrated Cancer Service | Community |
| Grants Information and Control System | Governmental |
Posted on 03 Oct 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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