Director's Desk Partners with Institutional Shareholder Services
Strategic Partnerhip Extends Company's Corporate Governance Offerings
Post Falls, ID (PRWEB) June 3, 2004 --Director's Desk Corporate Governance Services last Friday entered into a Strategic Partnership agreement with Institutional Shareholder Services, Inc. (ISS), the world's leading provider of proxy voting and corporate governance services.
Under the agreement, Director's Desk is authorized to offer its customers preferred access to ISS's services including:
- ISSue Compass, a Web-based product that enables corporations to analyze the costs of their stock-based compensation plans for executives and directors.
- Capital ISSues, a Web-based product that enables corporations to analyze changes to the number of authorized common shares or preferred shares.
- ISSue Blueprint, a Web-based product that allows companies to review corporate governance standards and principles.
- Corporate Governance Quotient, a Web-based product that allows corporations to view the criteria ISS uses to generate CGQ scores, learn how to improve their scores, and compare their governance structure against their indices, industry groups, and self-selected peer groups.
- ISSue Atlas, ISS's online complete governance resource.
As part of its core corporate governance offerings, Director's Desk will begin offering its customers access to ISS's products and services immediately.
"At Director's Desk, our mission is to give companies a foundation for more effective corporate governance by the board of directors," said Director's Desk CEO Bret Beresford-Wood. "When a company combines state-of-the-art board communications with solid corporate governance knowledge provided by ISS, it's truly a winning formula for success at the highest level."
Director's Desk centralizes board data and communications for increased speed, consistency and reliability. From within the Director's Desk system, it is now possible for directors to be linked to their ISS corporate governance applications. Director's Desk also gives directors the ability to document their company's corporate governance policies, discuss corporate governance issues at length using secure online communication tools, and publish their corporate governance policies to the company's Investor Relations website.
"Recent studies, the Georgia State University study in particular, show that effective governance has a profound impact on a company's stock price and volatility," said Beresford-Wood. "Companies are coming to realize that investing in good governance is not just the right thing to do--it's also the smart thing to do. Good governance makes you more competitive, not less. This is the way of the future."
About Director's Desk:
Director's Desk is a leading provider of online services for corporate governance and board communications. The company's secure online applications help corporate boards streamline time-consuming activities, meet regulatory compliance objectives, and achieve higher levels of productivity.
For more information, visit www.directorsdesk.com.
Contact:
Bret Beresford-Wood, President & CEO
Phone: 866-895-DESK
Email: bwood@directorsdesk.com
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