Global Industry Classification Standard

English Abstract: 

"In 1999, MSCI and S&P Global developed the Global Industry Classification Standard (GICS), seeking to offer an efficient investment tool to capture the breadth, depth and evolution of industry sectors. GICS is a four-tiered, hierarchical industry classification system. It consists of 11 sectors, 24 industry groups, 68 industries and 157 sub-industries. Companies are classified quantitatively and qualitatively. Each company is assigned a single GICS classification at the sub-industry level according to its principal business activity. MSCI and S&P Global use revenues as a key factor in determining a firm’s principal business activity. Earnings and market perception, however, are also recognized as important and relevant information for classification purposes, and are taken into account during the annual review process."

Alternative Title: 
GICS
English Title: 
Global Industry Classification Standard
Size: 
11 Sectors, 24 Industry Groups, 68 Industries, 157 Sub-Industries (2017-08)
Year of Creation: 
1999
Author: 
MSCI
EuroVoc: 
Access: 
Format: 
KOS Types Vocabulary: 
Geo: 
POINT (-74.0120952 40.7133677)