ISS will hold a special Governance Forum webcast, Share Lending Practices and Share Recall Challenges, on Wednesday, March 21 at 1 p.m. Eastern Daylight Time.

Securities lending and its impact on proxy voting policies and practices are gaining significant attention in the corporate governance industry since potentially market participants can acquire voting rights in a company without an accompanying financial stake. This separation of economic from voting interest in a company bends one of the basic assumptions behind the one-share, one-vote principle, and places investors who retain the economic interest in a challenging position. Yet, share lending has become a lucrative practice for many institutions.

Panelists Chris Kunkle, Vice President of JP Morgan Chase, and Ed Blount, Founder and Executive Director of Astec Consulting Group, will share their views on the challenges share lending creates for investors. Diana Bourke, ISS' Executive Vice President of Global Voting and Transaction Services, will moderate the panel and also discuss the findings from ISS' recent Share Lending Survey. To register for the webcast, please visit here.