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Institutional Shareholder Services |
Also found in: Dictionary/thesaurus, Medical, Acronyms, Encyclopedia, Hutchinson | 0.02 sec. |
Institutional Shareholder Services A company that institutional investors use as their proxy in the annual meetings of publicly-traded companies in which institutional investors have shares. It advises institutional investors how to vote in these meetings and casts votes on their behalf. It provides these services in exchange for a fee. See also: Proxy firm. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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and European institutional investors, including the California Public Employees Retirement System public pension fund, the London Pensions Fund Authority, and Institutional Shareholder Services, a key investment advisor on proxy voting issues. Patrick McGurn, director of corporate programs at Institutional Shareholder Services, told The Wall Street Journal that the guidelines for independent directors "look good on paper" but that Wang "still calls the shots. Proxy Monitor (New York), a provider of proxy research, vote recommendations and voting agent services for institutional investors, has agreed to acquire Institutional Shareholder Services (ISS; Rockville, MD) from parent Thomson Corp. |
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