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institutional shareholder services (iss)

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Financial Dictionary

Institutional Shareholder Services (ISS)

A private organization that provides proxy voting and corporate governance services to institutional investors. The firm evaluates proxy proposals and makes voting recommendations to its clients. ISS was an important player in the proxy fight over Hewlett-Packard's proposed acquisition of Compaq.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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