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Peter F. Bronfman Business Library > Advanced Corporate Finance 6150

Advanced Corporate Finance 6150

This guide is an introduction to selected sources used to research company, industry , and financial information. It highlights some of the key research tools available but it is not intended as a comprehensive list of sources. For a more complete list of electronic resources available to member of the York University community visit our Business Online Web page.

The sources listed below are available in print or electronically at the Peter F. Bronfman Business Library. York University students, faculty and staff may access the electronic resources remotely by using the proxy server and signing on with their Passport York ID and PIN.

Reference staff in the library are pleased to offer assistance to members of the York University community, either in person, by phone (416-736-5139),by email or by our IM chat reference service.

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This guide is divided into the following sections:

Search for Target Companies

Bloomberg – can be used to track LBO, Spin-off and Bankruptcy companies: MA –> Advanced Search –> Deal Status –> Completed –> Deal Type –> Leveraged Buyout –>Public/Private –> (Acquirer: Private, Target: Public) –> Results; CACT –> Actions –> Capital Change –> Spin-Off/Bankruptcy Filing –> Add –> Update. Book a time to use Bloomberg via the Group Study Room booking page.

SDC Platinum – provides access to global Mergers & Acquisitions which allows you to track LBO and Spinoffs. Available on a stand alone workstation in the Bronfman Business Library.

Reuters – Deals/News: For bankruptcies, IPOs and M&A

UCLA-LoPucki Bankrupcy Research Database

Finding Materials on Course Reserves

resized__45x41_video_icon Click the camera to watch a video about finding course reserves in the library catalogue.

 

 

Finding Company/ Industry Information

Public companies are traded on stock exchanges or over-the-counter and are subject to regulation by Security Exchanges. They are required by law to file reports publicly. This makes it relatively easy to find information about public companies. However, private companies, other than federally regulated ones, are not required to report publicly and therefore it is much more difficult to find information about them. Generally speaking for private companies, there is only directory information and occasionally articles in newspapers or journals. For additional company information you may wish to consult company websites.

Selected Company and/or Industry Sources

Informart A suite of databases from Financial Post Datagroup. Includes a wealth of information on Canadian publicly traded companies organized by key product category including Company Snapshots; Companies by Industry; Corporate Surveys; Predecessor & Defunct; Analyzer Search; Investor Reports (formerly blue sheets); Historical Reports (formerly yellow cards); Dividends; Crosbie Mergers & Acquisitions, and New Issues.

The Industry Reports section provides comparative data on the key Canadian public companies in each industry and provides general industry statistics and financial ratios. Also look at Companies by Industry for a list of companies within selected industries.

The Additional Databases link will lead you to Profile Canada for information on private companies.

Mergent Online: Provides information for over 60,000 global publicly traded companies. Company information includes detailed business description, corporate histories, financial statements (up to 15 years), ratios, long term debt, earnings estimates, and ownership information. Industry reports on approx. 22 industries are also included.   Historical company information is available in Mergent WebReports.

Marketline Advantage : The Marketline Advantage database is divided into Industry, Country, and Company. It covers SWOT company profiles for over 2500 public and private enterprises worldwide, accessing fast and reliable insights on thousands of industry sectors including Porter’s Five Forces analysis, accessing a top-level view of the business landscape in over 110 countries.

Lexis Nexis Academic: Provides access to documents and records from more than 45,000 legal, news and business sources.  Includes comprehensive company and industry reports, patent details, merger and acquisition analysis, bankruptcies, spin-offs etc.

Factiva: In addition to news and magazine articles, a good source for financial data, interactive charting and information on competitors.  Click on the Companies/Market link at the top of the web page and do a company search. Click on ‘Reports’ and select the type of report you want. e.g. Financial Health.

Google Finance: In addition to news, this website provides a broad range of information about stocks, mutual funds, public and private companies, including quotes and charts.  Also available are valuation ratios that give you industry and sector comparisons for your company.  Search and display your company.  Then scroll down and click on “more from  Reuters” on the left side of screen, and then click on the Financials tab at the top of the screen.

Investext Plus : A database providing global company and industry research and forecasts, reports from key brokerage firms. Currently over 140,000 documents are available in the database dating from 1994 to present.

Hoovers: A database with coverage of 65,000,000 public and private companies worldwide.  Includes an overview, competitors, financial information, SIC and NAICS codes, and links to the SEC filings. The Build a List feature allows you to identify companies by geographical area, industry codes, etc.

NetAdvantage: Standard & Poor’s database provides comprehensive information on business and investment information, offering on-line access to popular Standard & Poor’s research products such as Industry Surveys, Stock Reports, Corporation Records, The Register of Corporations, Directors and Executives, The Outlook, Mutual Fund Reports, etc. Also includes some Compustat data.

Bloomberg : is a real-time financial service that provides current and historical data, news and financial analysis of companies, stocks, bonds, and indices.Economic statistics are also available. Use Bloomberg to find BETA, WACC, Bond, Equity data, bankruptcy info, leveraged buyouts and more. Some industry information is available – use BI command.  Restricted to the York University Community and available in the Bronfman Library only. You can book a time to use Bloomberg

SEDAR: This website provides access to documents filed by public companies and mutual fund groups with Canadian securities regulatory authorities . Filings from 1997 to present are available.

EDGAR : The US Security and Exchange Commission’s database of public company information including 10k reports for public traded companies.

Industrial Classification Codes

The Standard Industrial Classification (SIC) is a useful tool for identifying key companies within an industry and conceptualizing the industry as a whole. SIC codes group together companies based on the goods and services produced.

The North American Industry Classification System (NAICS) is an industrial classification system common to Canada, United States and Mexico. Gradually, the SIC system will be phased out in favour of the NAIC system. There are some differences however so if questions arise you will need to refer to:

Canada – NAICS 2012

SIC codes are still used in a number of databases and print reference resources. In some cases, the SIC codes used in Canada differ from those used in the U.S. A print version of the SIC table of codes is found in the Canadian Key Business Directory available in the Bronfman Business Library Reference Room. The Line of Business section groups Canadian businesses by SIC code. SIC codes for Canada are also available on Statistics Canada’s web site .

U.S. Census Bureau: NAICS

Industry Trends and Analysis

Industry Canada’s website for business and industry includes industry surveys, company directories, and patent and trademark databases. Much of the information on individual industries is found under Information by Industrial Sector and also via Canadian Industry Statistics . These are good sources for information on manufacturing industries and the high technology sector. This site has limited information on service industries.

Statistics Canada Publications . This is an index of all Statistics Canada publications available on the Internet as part of the York University Libraries depository library status. Divided into key subject categories including Primary Industries, Commerce and Manufacturing which all include publications of relevance to different industry sectors in Canada.

E-STAT and CANSIM : provide two different interfaces for access to Statistics Canada’s computerized database which containing over 730,000 time series. It is a detailed source of Canadian economic data collected by Statistics Canada and other agencies, including the Bank of Canada. Examples of the data available include the System of National Accounts, Labour, Manufacturing, Finance, and Agriculture.

Business Monitor Online : Contains quarterly surveys and forecasts for Canadian, U.S and foreign industries.

Damordaran Online: website of Aswath Damodaran, Professor of Finance at the Stern School of Business at New York University. Contains updated tables of data related to the courses he teaches on valuation, portfolio management and applied corporate finance. Includes historical industry beta, along with a wealth of other data.

Plunkett Research: Provides research and trends analysis on a variety of industries, including energy, e-commerce, retailing and finance. In addition to the industry reports it includes statistics, charts and profiles of leading companies. Primarily US information.

Market Share Reporter: HF 5410 M33. A print reference tool for marketing research and economic analysis. The information is a compilation of market share reports from marketing literature. Over 2000 corporate, brand, product, service and commodity market and SIC code information is provided for North America. Latest edition in Bronfman Reference.

NetAdvantage : Standard and Poors. Detailed surveys of over 50 industries. Coverage includes industry trends, key ratios and a guide to analyzing companies in each industry. The focus is North American. This database also includes company information.

Value Line Investment Survey : Provides short introductory reports on each industry and detailed 1-2 page reports on the key companies in each industry. Located in the Bronfman Business Library Reference Room and the call number is HG 4501 V26.

Standard & Poors Analysts’ Handbook . Provides industry statistics and financial ratios for over 100 industries in the US. Includes income accounts and balance sheet items, as well as sales, profit margins, earnings, dividends, capital expenditures, etc… Available in the Bronfman Business Library Reference room and the call number is HG 4519 S772.

Industry Financial Performance

Key industry ratios for Canada are available to member of the York University community form the following:

Statistics Canada Publications

Quarterly Financial Statistics for Enterprises (4th Q, 2000 – present)

Older issues (1996-2000) available in print at the Scott Library (CAN1 CS8.5 61-008)

Financial and Taxation Statistics for Enterprises (1999-present)

Older issues (1995-1998) available in print at the Scott Library (CAN1 CS8.5 61-219)

SME Benchmarking developed by Industry Canada, “is an interactive on-line financial performance tool to help new and established firms determine how your business measures up to the competition. It allows you to enter your company’s financial data confidentially and compare it to industry averages. This tool will assist you in making sound operational decisions.”

Financial Performance Indicators: A Statistics Canada datafile containing key financial ratios by industry including the net profit margin, pretax profit margin, return on equity and liabilities to assets. Available on a stand-alone workstation in the Bronfman Business Library.

RMA Annual Statement Studies: financial ratio benchmarks . HF 5681 B2 R6 . Arranged by NAICS. Available in the Bronfman Business Library Reference Room.

 Articles about Companies and Industries

Information on companies and industries may be found by searching the following databases for newspaper, journal, trade and magazine articles.  Finding Business Articles will help you with article database search strategies.

ProQuest Business:  This links allows you to access the 6 preselected ProQuest business databases.  The 6 databases are ABI/Inform Global, ABI/Inform Trade and Industry, CBCA Business, CBCA Current Events, ProQuest Asian Business and ProQuest European Business.  These databases contain citations and abstracts for business and management publications, many of which are available in full-text or scanned image.  This resource incorporate management, industry and company specific articles of both a practical and theoretical nature.  Subjects include: finance, marketing, management, corporate strategies, competitive and product information, industry research, technology, and more.

Business Source Premier : contains full text for 7,792 periodicals and other sources, including scholarly journals, trade and general business magazines, monographs, country economic and industry reports, industry yearbooks, and market research reports.

Factiva : includes nearly 9,000 sources from 118 countries in 22 languages, including more than 120 continuously updated newswires. For newspapers, the service provides same-day and archival coverage of The Wall Street Journal, The New York Times, Washington Post, The Globe and Mail, National Post, Toronto Star, Financial Times, Les Echos, South China Morning Post, Australian Financial Review, Sydney Morning Herald, Straits Times, Yomiuri Shimbun, and local newspapers from every corner of the globe. General business and industry publications like The Economist, Forbes, Fortune, Time, Newsweek, Finanz & Wirtschaft, Satellite News, BusinessWeek, and more are also covered.

Lexis-Nexis Academic: Lexis-Nexis service makes available over 30,000 news, business, and legal information sources. Included are current international newspapers, as well as comprehensive company and industry reports.Information available includes trade and marketing reports, patent details, merger and acquisition analysis, country reports and industry and legal publications. Lexis-Nexis also provides access to numerous reference tools, including biographical information, company directories, quotations and Who’s Who titles.

Citing Sources

Once you have selected relevant business books, articles, web sites or other items for your research, one important final step involves compiling an accurate list of references or citations to incorporate within your marketing plan assignment. There is a section on the Bronfman Business Library web site at under Starting Your Research entitled Citation and Writing Guides that leads you to the information you need. These guides tell you how to cite many types of resources and illustrate how to cite both print and electronic resources including web sites.

For citing unusual resources such as blogs, personal emails, multimedia etc., see net.Tutor Quick Guide:Citing Net Resources.

An online tutorial on Academic Integrity is also available on the York Libraries web site. This explores the issues of plagiarism and related matters. York’s policy and procedures on academic honesty are outlined. The tutorial also offers the opportunity for you to do a self-test allowing you to assess your own understanding of issues relating to academic integrity.

 

 


Compiled by Elizabeth Watson Revised by by EW April 2012