NEW ISS Voting Analytics with N-PX data

Monday, June 6, 2016

INSTITUTIONAL SHAREHOLDER SERVICES (ISS) ACCESS ROBUST CORPORATE GOVERNANCE AND SOCIALLY RESPONSIBLE INVESTMENT (SRI) SOLUTIONS
Uncover risks and understand the key issues in the areas of board, audit, compensation, shareholder rights, and more.

NEW ISS VOTING ANALYTICS WITH N-PX DATA

WHY VOTING ANALYTICS?
• U.S. mutual fund voting records for all institutions filing the SEC form N-PX
• Global institutions covered by ISS outside SEC U.S. disclosures
Coverage from 2003

RESEARCH WITH ISS VOTING ANALYTICS
Institutional Investors and Proxy Voting: The Impact of the 2003 Mutual Fund Voting Disclosure Regulation, M. Cremers (University of Notre Dame), R. Romano (Yale University)
Voting Through Agents: How Mutual Funds Vote on Director Elections, S. Choi (New York University), J. Fisch (University of Pennsylvania), M. Kahan (New York University)
Mutual Funds as Monitors: Evidence from Mutual Fund Voting, A. Morgan (Clemson University), A. Poulsen (University of Georgia), J. Wolf (Clemson University), T. Yang (Villanova University)
The Role of Mutual Funds in Corporate Governance: Evidence from Mutual Funds’ Proxy Voting and Trading Behavior, Y. Duan (University of Alberta), Y. Jiao (University of California, Riverside)


INSTITUTIONAL SHAREHOLDER SERVICES (ISS) Data

GOVERNANCE
• Identify governance risk to support your research
• Obtain information on takeover defense and other corporate governance provisions for major U.S. firms
• Coverage from 1990
The Governance Legacy set, formerly known as the IRRC Takeover Defense database, was an important element in the
article: Gompers, Paul A., Andrew Metrick, and Joy L. Ishii, Corporate Governance and Equity Prices, The Quarterly Journal
of Economics 118(1), February 2003.

DIRECTORS
• Universe of S&P 1500 companies— range of variables related to individual board directors (e.g., name, age, tenure, gender,
committee memberships, primary employer and title, etc.
• Coverage from 1996

VOTING RESULTS
• Analyze vote results at the company and proposal level and identify trends in corporate governance
• Option to access ISS vote recommendations
• Coverage from 1997-2006: S&P 1500
• Coverage from 2003: Russell 3000

SHAREHOLDER PROPOSALS
• Access proposals that came to a vote as well as those that were withdrawn by the proponent or allowed to be omitted from
the proxy by the SEC
• Access lead filer of the proposal, the meeting date, and outcome
• Coverage from 1997: S&P 1500
• Coverage from 2006: Russell 3000

RESEARCH WITH ISS
Corporate governance, value and performance of firms: New empirical results on convergence from a large international database, J. Krafft, Y. Qu, F. Quatraro, J. Ravix
Corporate Governance and the Systemic Risk of Financial Institutions, J. Iqbal, S. Strobl, S. Vähämaa (University of Vaasa)
Corporate Governance and Firm Operating Performance, L. Brown (Temple University), M. Caylor (Kennesaw State University)


CONTACT US FOR TRIAL OR SUBSCRIPTION INFORMATION
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ISS | https://www.issgovernance.com/governance-solutions/solutions-for-academics/
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Asia: +65.6830.7838
Australia: +61.2.8048.3999