You will find much more information about public companies because they are required to file financial and other disclosures with the U.S. Securities and Exchange Commission (SEC). This same level of detail of information does not exist for private companies. Many resources will only include public companies.
Knowing whether or not the company is based in the U.S. or abroad will help you determine where to begin your research and what types of forms you might be able to find.
Think of the parent company as the umbrella. Subsidiaries fall under the umbrella. Very often you will find information about the subsidiary by researching the parent company. In some cases, published information may be available only on the parent company.
Are there possible variations in the name? Do you have the correct spelling? Many companies are known by a popular name or a trade name which is different from their official name. Most resources will list companies only by their official name. Be aware of companies which are named after an individual. First names (e.g. Walt Disney Company) or initials may be part of the official name. Furthermore, a resource may either include or ignore first names and initials when entering and alphabetizing, and some resources are inconsistent. Also, initials can be alphabetized in different manners. Be prepared with spelling variations, even when you feel you are certain of the spelling.
Although it might take some digging and persistence, searching for articles that refer to your company can prove helpful. Try the below databases, along with Google and Google Scholar.
The world's definitive scholarly business database, including articles from peer-reviewed journals, magazines, trade publications, and news sources. Company and industry profiles are also available. Citations available from 1880-present.
1. Type in your company in the first search box. You can chose to narrow the search further by changing the drop-down menu to list CO Company Entity.
2. Depending on the results, you may wish to filter by SourceType, an option on the left of the results list.
There are many places you can find information about a company and its history. Try the following approaches:
Mergent Market Atlas is made up of company profiles.
1. In the Company Search bar, type in your company. (Note: if it is a private company, select the D&B Private Company Database box above).
2. To find the company history, start in the Company Details tab, and select the History sub-tab.
A vast indexed collection of corporate and industry related documents. Contains hundreds of thousands of reports covering more than 100 countries and industries
Mergent Archives is best for historical information on companies.
1. To enter the database, click the Search Mergent Archives link on the right.
2. Use the tabs on the top right to search for the company either in the corporate manuals, annual reports, industry reports, equity reports, or ratios sections of the database, depending on what you are after.
Note: To find company histories, you'll likely want to focus on the corporate manuals or the annual reports.
Use the information found in SWOT reports to search for additional articles that might go into more depth.
The world's definitive scholarly business database, including articles from peer-reviewed journals, magazines, trade publications, and news sources. Company and industry profiles are also available. Citations available from 1880-present.
1. Search for your company.
2. In the results page, refine the search on the left. Under the Publication Type section, select SWOT Analysis.
Each company's profile will include financials. Start with the Company Financials tab.
A vast indexed collection of corporate and industry related documents. Contains hundreds of thousands of reports covering more than 100 countries and industries
Current and historical research collection of corporate and industry related documents, such as, annual and industry reports, industry ratios, equity reports, Bond Records, Commodity Yearbook, Moody's Corporate & Municipal Manuals, country reports. Coverage 1905-present.
Value Line is a complete, multidimensional investment management solution that enables both new and experienced investors to make timely, better-informed decisions. It provides a wealth of in-depth financial information, intelligently presented both in print and online, plus objective research, insightful commentary, proven price projections, and advanced analytical tools.
Researchers and investors can get a good picture of where a public company has been and where it is heading in filings available from the U.S. Securities and Exchange Commission (SEC). These forms may be filed annually, quarterly, or periodically as required by the law.
Investopedia describes some of the most common forms:
A comprehensive summary report of a public company's performance that must be submitted annually to the SEC. The 10-K includes audited financials and a detailed company overview.
A comprehensive report of a public company's performance that must be submitted quarterly to the SEC. The 10-Q includes unaudited quarterly financials and other items.
Also called the Proxy Statement. It is sent to shareholders before the annual shareholder meeting.
A report of unscheduled material events or corporate changes at a company that could be of importance to the shareholders or the SEC.
For those who are looking for fuzzier or more nebulous, information like marketing, strategy, competitive perspective, R&D, intellectual property, etc., there are a few suggested sources of information though what is included can vary company to company. For example, those doing research on retail companies may be looking for company locations, number of stores, square feet managed, etc. while those doing research on pharmaceuticals may be interested in R&D/intellectual property figures. Some of this can be found in SEC filings through full-text databases can also be helpful. In SEC filings, this type of information can be found most often in different sections including:
Here are a few specific things and where they can be found in a 10K:
All public companies are required to produce an annual report (10-K), among other reports, for the Securities & Exchange Commission (SEC). The reports are made public to help current and potential investors better understand a company's financial health. Private companies usually do not produce annual reports for the public.
On Corporate sites - Look for the "Investor Relations" or "About Us" link on a company's web site.
NOTE: Beware many companies also use the annual reports as a marketing tool. The narrative can be more public relations than analysis.
Newspaper articles can be a good source of up-to-date or historical information on virtually any topic. They are also considered to be primary sources since they are often the first published account of an event.
The world's definitive scholarly business database, including articles from peer-reviewed journals, magazines, trade publications, and news sources. Company and industry profiles are also available. Citations available from 1880-present.
1. In the first search bar, type in the company's name. (For a more specific search, change the drop-down menu to show CO Company Entity)
2. On the left of the results list, select Newspapers under the Source Types section
A collection of full-text newswires that incorporates news information from all over the world, covering business, political, economic and other diverse, international news events. The most recent 30 days only; updated daily.
If you are looking for smaller companies, try the Regional Business News database or check local newspapers.
Provides company and industry financial information, headlines, and other analysis
Provides company and industry financial information, headlines, and other analysis
There are many difficulties in researching private companies, defined here as companies that do not trade on stock exchanges since private companies do not need to provide financial data or an annual report to the public. Consequently, researching private companies often requires considerable creativity and patience.
Unlike public companies, private companies are not required to file with the Securities and Exchange Commission (SEC), so the type of information and the depth of information that can be found in those documents is not necessarily going to be available for private companies. There are, however, two exceptions that can be used in limited cases. First, if the company you are researching merged with or was acquired by, a public company it is possible that the public company may provide investors information about the deal via SEC filings. Second, if the company was once public but goes private, previous SEC filings will still be available and may can be helpful for a limited time.
The world's definitive scholarly business database, including articles from peer-reviewed journals, magazines, trade publications, and news sources. Company and industry profiles are also available. Citations available from 1880-present.
1. In the first search bar, type in the company's name.
2. To do an even more specific search, change the drop-down menu to show CO Company Entity
Comb the company website for information. Here are some tips:
Here are some other information sources for private companies.
Patents and trademarks are often one of the few public records available for new private companies involved in science and technology fields.
This government site provides the public with information about how their tax dollars are spent. It provides one the ability to look at contracts, grants, loans, and other types of spending across many agencies.
Corporate social responsibility "has been defined by the World Business Council as ‘the continuing commitment by business to behave ethically and to contribute to economic development while improving the quality of life of the workforce and their families, as well as of the local community and society at large’. The intention of companies adopting a socially responsible corporate attitude is to ensure a positive social, environmental, and economic impact on the communities within which they operate and on all other stakeholders."
Typically corporate social responsibility focuses on improving the environmental and social impact an organization has within its community and the world.
Search for reports on businesses or charities (BBB Wise Giving Alliance)
Provides a fast way to find information about the exploitative practices of 4,000 businesses worldwide. Search by company name, issue, country or topic.
An annual index of the Global 100 most sustainable corporations in the world
Search this global directory of CSR reports on sustainability and the environment, covering thousands of companies.
A digital media platform for the latest news, views and reports in corporate social responsibility (CSR) and sustainability.
"It assists community, environmental and labor organizations in researching companies and industries. Our focus is on identifying information that can be used to advance corporate accountability campaigns."
A leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust, and business success
Evaluates companies based on their record on human rights, social justice, environmental sustainability and more.
Global Reporting Initiative provides users with sustainability reports and other information.
Benchmark indices for "... investors who believe sustainable business practices may lead to long-term shareholder value and who wish to reflect their sustainability convictions in their investment portfolios." In addition to current index data and reports, historical index constituents and values are also available.