Wednesday, May 11, 2005

Yahoo! Finance Adds Corporate Governance Info

Company profile pages in Yahoo! Finance now have an added feature: a Corporate Governance Quotient provided by Institutional Shareholder Services.

According to Yahoo! Finance, the Quotient system provides rankings on more than 7,500 companies worldwide, based on "underlying data points for up to 61 corporate governance variables, categorized under eight areas of focus: 1) board of directors, 2) audit, 3) charter and bylaw provisions, 4) anti-takeover provisions, 5) executive and director compensation, 6) progressive practices, 7) ownership, 8) director education".

So far, most of the rankings are for U.S.-based companies (more than 5,500 out of the 7,500). It will be interesting to watch how many Canadian companies are added to the list.

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posted by Michel-Adrien at 7:43 pm


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