What type of information should issuers provide about governance factors?

Issuers should provide data reflecting their financial strategies as this information is directly relevant to governance factors and can significantly influence credit quality. Understanding an issuer's financial strategies enables stakeholders, including investors and credit rating agencies, to assess how well the issuer manages its fiscal responsibilities, aligns its governance practices with financial objectives, and plans for future debt obligations. This transparency can provide insight into the issuer’s risk management, compliance with financial policies, and overall financial health, which are essential for making informed decisions regarding investments and creditworthiness.

Other aspects, such as simplifying financial burdens or providing opinions on regulatory changes, might not directly contribute to an understanding of governance factors affecting credit quality. Additionally, sharing details irrelevant to credit quality could lead to confusion rather than clarity, thereby detracting from the important financial and governance information that stakeholders need.