ISS has released its annual update to its proxy voting
guidelines for the 2012 proxy season. The update reflects changes
in ISS's pay-for-performance evaluation methodology, responses
to say-on-pay votes and say-on-pay frequency votes and a number of
social and environmental policies.
Institutional Shareholder Services Inc. (ISS) has issued its
annual update to its proxy voting guidelines, which have important
implications for companies preparing for the 2012 proxy season. The
updated policies apply to shareholder meetings held on or after
February 1, 2012. The annual update reflects changes in ISS's
approach towards the evaluation of executive compensation,
responses to say-on-pay votes and say-on-pay frequency votes and a
number of new or updated social and environmental policies. The
full text of the policy updates may be accessed here.