Institutional Shareholder Services Offers Meeting Results Service Service leverages ISS’ global operations infrastructure and local market research expertise to collect comprehensive and timely global meeting results data Business Wire ROCKVILLE, Md. -- February 6, 2013 Institutional Shareholder Services Inc. (ISS), a leading provider of corporate governance solutions to the global financial community, has launched a new, comprehensive Meeting Results Service, covering global meetings from January 1, 2013 forward. "Investors want to understand the impact of their corporate governance and voting decisions in the broader context of final meeting results disclosed by companies,” said Marija Kramer, ISS’ Head of Product Management. “Investors face the challenge that differing regulatory requirements and market practices determine company meeting results disclosure across the globe. The data itself can be difficult and time-consuming to obtain. ISS’ Meeting Results Service addresses these challenges by leveraging its global operations infrastructure to collect comprehensive meeting results data in a timely manner.” ISS delivers the data to clients directly through its ProxyExchange^TM voting platform for ease of use by investors. Key features of the ISS Meeting Results Service include experienced local data collection, global reporting and daily workflow management functionality. Meeting results are also available to subscribing Custodian Banks and/or their clients via SWIFT message through ISS’ Global Proxy Distribution service. In 2013, the global service will cover over 40,000 companies across 100 markets, with data procured and databased at the resolution level. Basic data points include a pass/fail summary for each voting agenda item, an indicator of the level of results disclosed by the company plus a flag indicating non-disclosure by the company. Additional data points include number of shares voted ‘with’ and ‘against’ management as well as abstain votes. The service also displays the percentage of shares voted ‘with’ management, ‘against’ management or abstained as compared to the number of shares voted at the meeting. The service also flags whether the meeting was conducted by poll, show of hands or proxy. The meeting results calculation method is detailed for each market. In the United States, the number and percentage of shares voted for ‘Say on Pay’ 1-, 2- and 3-Year frequencies is indicated. Easy access to global meeting results is expected to help investors benchmark their proxy voting policies, integrate meeting results into their future voting decisions and workflows and incorporate final meeting results into their board and client level reporting . About ISS ISS, founded in 1985 as Institutional Shareholder Services Inc., is the world's leading provider of proxy advisory and corporate governance solutions to financial market participants. ISS' services include objective proxy research and analysis, end-to-end proxy voting and distribution solutions, turnkey securities class-action claims management, and reliable governance data and modeling tools. More than 1,700 clients rely on ISS' expertise to help them make informed corporate governance decisions. ISS is located in financial centers worldwide and is a subsidiary of MSCI Inc., a leading provider of investment decision support tools to investors globally. For more information, please visit www.issgovernance.com. This document and all of the information contained in it, including without limitation all text, data, graphs, charts (collectively, the "Information") is the property of ISS, or in some cases third party suppliers. The Information has not been submitted to, nor received approval from, the United States Securities and Exchange Commission or any other regulatory body. None of the Information constitutes an offer to sell (or a solicitation of an offer to buy), or a promotion or recommendation of, any security, financial product or other investment vehicle or any trading strategy, and ISS does not endorse, approve or otherwise express any opinion regarding any issuer, securities, financial products or instruments or trading strategies. The user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. ISS MAKES NO EXPRESS OR IMPLIED WARRANTIES OR REPRESENTATIONS WITH RESPECT TO THE INFORMATION AND EXPRESSLY DISCLAIMS ALL IMPLIED WARRANTIES (INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OF ORIGINALITY, ACCURACY, TIMELINESS, NON-INFRINGEMENT, COMPLETENESS, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE) WITH RESPECT TO ANY OF THE INFORMATION. Without limiting any of the foregoing and to the maximum extent permitted by law, in no event shall ISS have any liability regarding any of the Information for any direct, indirect, special, punitive, consequential (including lost profits) or any other damages even if notified of the possibility of such damages. The foregoing shall not exclude or limit any liability that may not by applicable law be excluded or limited. Contact: ISS Cheryl Gustitus, 301-556-0395 email@example.com or Sarah Ball, +44 (0)207 618 2275 firstname.lastname@example.org
Institutional Shareholder Services Offers Meeting Results Service
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