1. IBCM© Research helps systematic development of Corporate Knowledge Database of Intangible Corporate Action crucial for Enterprise Resource Controls, hitherto not possible. 2. PE Investors or Banks decide <surprising> based on inadequate data and no measured knowledge of the calibre of management. Regulators enter after the damage is done. IBCM© Research Corporate Rating corrects the lacuna by its unique 'due diligence' capabilities. 3. Untapped energy source by each building-block of just a set of 5 KPIs that IBCM© Research identifies as the energy waiting to happen - Tap it, productivity explodes. 4. Corporate Rating by each building-block to National grid of Corporate Rating is made possible by Intangible like zero energised the theory of numbers. 5. Society is the greatest power source for Corporates from seeking funds for growth to market products. CSR is a built-in resource provider in every building block of a company, that IBCM© Research integrates into the atomic structure of management. 6. SEBI's introduction of Mandatory Grading for IPOs was indeed a challenging phenomenon. Using the same criteria would put forth the companies futuristic, by Corporate Rating. Link to know more of letter to SEBI - http://wp.me/p18MVb-fW 7. Extrapolate industry to National grid of Governance. Bangladesh or Greece or India or China or any country, will be better served by rating their Intangible Value Capital, for it reflects a positive approach to the hidden but unused power of energy force. 8. Not economic analysis but Intangible Value Capital be it Corporate or Nation that would be the deciding factor for any investments.

1. DIY - Corporate Rating
(Banking and Finance Inclusive)
An IBCM© Research Presentation
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2. SEBI - IPO Mandatory Grading to
DIY - Corporate Rating
 In a recent letter to SEBI, IBCM© Research
recommends - Mandatory Grading of IPO be made
mandatory for all listed companies, all the time.
 The logic for Corporate Rating is same as for an
IPO:
An assessment of company's fundamentals
A relative assessment of 'fundamentals' in relation
to other Companies.
 With the same IPO set criteria, DIY - Corporate
Rating System is created.
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3. Advantages of DIY - Corporate Rating? 1
 Nakamura estimated the value of US gross
investments in intangibles in 2000 at $1 trillion and
Corrado and Hulten (2010) in 2007 at $4.1 trillion,
that was excluded from published national accounts
data in the United States.
 Unavailability of granular data results in valuation of
a company unauthentic.
 SEBI's Mandatory Grading for IPO is Intangible.
 Advantages of DIY - Corporate Rating System are to
the company primarily. Intangible empowers
measuring one's own Value Capital. 3

4. Advantages of DIY - Corporate Rating? 2
 For the Investor
– Assurance on:
 Sustainability of Efficiency
 Sustainability of Value System
 Sustainability of profits
 For the Corporate
– Wider access to Capital
– Sustainability of growth
 For the Regulator
– Corporate Self-Regulatory Mechanism
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5. Quantitative & Qualitative Elements
Mandatory Grading Characteristics
criteria for IPOs 1. EPS - Quantitative elements
1. EPS 2 & 3 - Management &
2. Management Accounting Quality -
Quality Qualitative elements purely
Intellectual
3. Accounting
Quality 4 & 5 Corporate Governance &
Financial Risks - Quantitative-
4. Corporate
cum-Qualitative elements -
Governance and
purely Emotional, linked to
5. Financial Risks. respective Quality.
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6. Creating CSR-Integrated Granular Data
 IBCM© Research establishes:
– A single building-block of 5 KPIs -i. CSR
undertaking the Ethical Responsibility for a
Company- People and ii. 4 Resource providers from
within representing Fiscal Responsibility, consisting
of Managerial Force, Operational Force, Technology
and Finance - identical to every other building-block,
forming the constituent part for Rating.
– A bottom-up granular data create Intellectual Value
Capital and Emotional Value Capital. Added
together Intangible Value Capital is derived, a Rating
from granular data of each building-block.
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7. Intangible Value Capital
 Intangible Value Capital = (Intellectual Value
Capital + Emotional Value Capital) / 2 to derive 0 to
5 rating by each building-block.
 At optimised level of 5 Rating assumes a power base
and an energy force within a corporate, assuring
sustainability of efficiency, value system and profits.
 Assurance by Public Reporting goes beyond
financial terms which are tangible and objective but
speculative and divergent to project 'fundamentals'
capability which is intangible and subjective but
everlasting and convergent.
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8. Index of Inactivity by IBCM© Research
 Energy is bound up in every material thing.
– When Intangible collides with an inactive
element of a material thing energy is liberated,
as in a volcano.
– Intangible Value Capital represents the bound
up energy in every building-block.
– Index of Inactivity by each building-block
displays the energy waiting to happen, an
unexploded non-event.
– IBCM is an acronym for Inactivity Based Cost
Management.
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9. Corporate Rating
 Mandatory Grading criteria incorporated in Corporate
Rating System
 Intangible Value Capital is built bottom-up.
 Consolidate by Corporate, by Industry, to arrive at
Country Rating
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10. Corporate Rating
Banking
BASEL III targets incorporated.
IIF Report Principles & Recommendations regrouped under Intellectual
Value Capital & Emotional Value Capital enabling implementation.
CSR-Integrated Intangible Value Capital Rating arrived at.
Consolidate by Bank, by Banking Industry, to arrive at Country Rating.
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11. Corporate Rating
Banking
Rating keeps track of targets - e.g., BASEL III will be optimised at 5 when targets
are reached, by real-time monitoring. Rating 0 - 5 is the status of preparedness.
Current Status of Rs.90k Crore deficit to reach status 5 when BASEL III target
is reached. 11

12. Three Principles for DIY - Corporate
Rating
1.Real-time Monitoring
– Rating is related to the stage of process
completion.
2. Study of Cost Consequence
– The resultant state of inactive elements.
3. People Participation
– CSR Integrated in each goal.
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13. Letter to SEBI
 In subject - object distinction of ratings, metrics in
use are all for object characteristics whereas metrics
of IBCM© Research is by subject oriented
Intangible applied for Corporate Rating as per
mandatory grading criteria. See the link below:
 Recommending a DIY - Corporate Rating letter to
SEBI is made available sans How to measure?
Risk Appetite & Risk Culture: No Scope at all
for Process of Knowledge without Intangible -
http://wp.me/p18MVb-fW
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14. DIY - Corporate Rating
3-Ps - Policies, Practices & People
DIY - Corporate Rating signifies the measurement
of 3 Ps -Policies, Practices and People, of
Intellectual Value Capital, Emotional Value
Capital and Intangible Value Capital
respectively, that neither can be outsourced nor
dependant on outside agencies for rating
purposes.
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15. Way forward
 IBCM© Research shall collaborate with:
Corporates, Banking and Finance Industry to develop
and install Intangible Value Capital.
PE, Investment bankers, consulting firms, Business
Schools, Rating Agencies as well as Certifying
Agencies.
Working towards National Grid of Intangible Value Capital
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16. How - DIY Rating helps?
IBCM© Research: Only methodology that
integrates Tangible results with intangible action
plan keeping track of accomplishments on Real-
time.
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