We provide in-depth characterizations across the following important corporate governance disclosures:
In each case, we have developed rich 'ontologies' to represent the text, capturing a detailed characterization of the information. This enables you to examine the specific components of the text that you are interested in.
Example ontology, illustrating the nuanced sentence characterizations:
- Managerial backgrounds: How a manager's employment history is characterized
- Committee activities: How the committee activities are described
- Performance evaluations: How the performance of managers and their firms are evaluated (coming soon)
In each case, we have developed rich 'ontologies' to represent the text, capturing a detailed characterization of the information. This enables you to examine the specific components of the text that you are interested in.
Example ontology, illustrating the nuanced sentence characterizations:
{
"ORIGINAL_SENTENCE":"From October 2001 to November 2004, she served as Vice President of Operations and a
director for QRS Corp., a gold mining company, and between March 1996 and May 2001 was the
CEO of Vaynol Clothing, a leading US retailer of women's clothing",
"POSITIONS":[
{ "ORIGINAL":"From October 2001 to November 2004, she served as Vice President of Operations and a director of
QRS Corp., a retail supply chain software and services company",
"START_DATE":{"ORIGINAL":"October 2001","YEAR":2001,"MONTH":10},
"END_DATE":{"ORIGINAL":"November 2004","YEAR":2004,"MONTH":11},
"JOB_TITLES":[{"ORIGINAL":"Vice President of Operations","LEVEL":"VICE_PRESIDENT","AREA":["OPERATIONS"]},
{"ORIGINAL":"Director","LEVEL":"DIRECTOR"}],
"COMPANY":{"ORIGINAL":"QRS Corp.","CLEANED":"QRS"},
"COMPANY_DESCRIPTION":{"ORIGINAL":"NYSE-listed gold mining company",
"LISTING-OWNERSHIP":{"OWNERSHIP_TYPE":"PUBLICALLY_LISTED",
"EXCHANGE":[{"EXCHANGE_NAME":"NYSE","COUNTRY":"USA"}]},
"INDUSTRY":{"NAICS_3_DIGIT":212,
"NAICS_3_DESCRIPTION":"Mining (except oil and gas)"}}},
{ "ORIGINAL":"between March 1996 and May 2001 was the CEO of Vaynol Clothing, a leading US retailer of women's
clothing",
"START_DATE":{"ORIGINAL":"March 1996","YEAR":1996,"MONTH":3},
"END_DATE":{"ORIGINAL":"May 2001","YEAR":2001,"MONTH":5},
"JOB_TITLES":[{"ORIGINAL":"CEO","LEVEL":"CEO"}],
"COMPANY":{"ORIGINAL":"VAYNOL Clothing","CLEANED":"VAYNOL COTHING"},
"COMPANY_DESCRIPTION":{"ORIGINAL":"leading US retailer of women's clothing",
"INDUSTRY":{"NAICS_3_DIGIT":448,
"NAICS_3_DESCRIPTION":"Clothing and Clothing Accessories Stores"},
"REGION":[{"COUNTRY":"USA"}],
"CHARACTERIZATION":[{"TERM":"leading","AREA":"LEADING"}]}
}
Overview: Managerial Backgrounds
The managerial background tool is designed to capture a representation of every sentence in a manger's background (such as those sent to shareholders in proxy statements). This includes capturing the manager's positions (including roles and characterizations of the firms), the experiences that they are described as having, and other common information such as qualifications or professional licenses. Systematically capturing the backgrounds of managers enables analysis of:
- Changing characterizations of experiences: How a manager's prior experiences are tailored over time
- Omissions of appointments: What events or shocks cause managers to change the positions that they list
- Overall field or societal trends in the presentation of managerial experiences
Overview: Committee Activities (rolling out shortly)
Our Committee Activities tool captures a detailed representation of sentences describing the activities that the committees engage in. This includes:
- Descriptions of activities engaged in by the committee
- Justification of why decisions were made
- Numbers of meetings held and meeting attendance
Overview: Performance Evaluations (under development, expected late 2018/early 2019)
The final tool in our initial three focus areas is our performance evaluation tool, that we expect to launch in late 2018 or early 2019. This tool is designed to captures a representation of managerial performance evaluations, including descriptions of the considerations impacting compensation.
