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Yahoo And ISS: Just What Do Those Corporations Do Anyway?
By John Stith
Staff Writer
Article Date: 2005-05-10
Yahoo comes with even more good information on its personal finance web site. They new offer access to the Institutional Shareholder Services (ISS) and it should be a boon for small investors.
The Wall Street Journal does an excellent job explaining how this system works for the ISS:
Each company in ISS's database has two scores based on a scale of 1 to 100; the higher the number, the better the corporate-governance practices. The first score compares the company's governance practices to other companies in their comparable market index, while the second score compares the company's practices to other companies in its sector group.
This basic information will go along way towards letting small investors know what's out there because companies with better governance practices are naturally stronger companies and do better in the long haul.
ISS also offers more information for a charge. The Yahoo stuff is free. ISS sells more detailed information that covers many more issues about how a company handles it's business.
Both companies look to profit from this venture as ISS expects more small businesses and investors will be more aware and Yahoo expects more advertising.
About the Author: John Stith is a staff writer for WebProNews covering technology and business.
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