ISS' Voting Analytics on WRDS

資料內容Data:
ISS(Institutional Shareholder Services)是全球最大,專門為專業機構投資者提供股東會議案研究、股東會議案諮詢,及委託書徵求的中立研究機構。ISS擁有約900名員工,每年為全球115個國家、約3.8萬家公司提供代理研究及投票意見,並為將近2.8萬家公司議案提供投票意見,服務對象廣泛。為研究其投資公司符合公司治理規範及管理其投資回報,師生需向ISS索取有關公司治理的意見,包含:Mutual Fund Vote Records、Vote Results(US and Global)、Shareholder Proposals,鑑定有關環境、社會及公司治理的風險,影響力相當大。


服務對象:僅供台大在校教職員生使用(未含校友)
Service Targets:NTU College of Management  faculty and students (Excluding alumni.)

※ WRDS入口 (網頁):https://wrds-web.wharton.upenn.edu/wrds/connect/

使用方式:請用 WRDS 查詢         WRDS平台簡介
How to use:Please inquiry through WRDS.


Contact:clientservice@msci.com
※ 寫信詢問請使用台大 email 信箱,並請註明您的姓名及系所
 Contact:clientservice@msci.com  , with Indicate your name and NTU faculty 


 

ISS - Voting Analytics - Quary Form :

1. Mutual Fund Vote Records (PDF)
2.  Shareholder Proposals (PDF)
3.  Company Vote Results US (PDF)
4. Company Vote Results Global (PDF)



 
※ ISS 官網介紹
https://www.issgovernance.com/solutions/iss-analytics/voting-analytics/

Voting Analytics helps issuers determine voting patterns and trends by monitoring and analyzing institutional
voting policies and historical shareholder meeting results.




※ WRDS 官網介紹 ISS Voting Analytics
http://www.whartonwrds.com/news/iss-voting-analytics-now-available/


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
• 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; 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