RiskMetrics Group’s ISS Governance Services Unit Releases 2007 Postseason Report
Submitted by: Sarah Cohn, Marketing and Communications
RiskMetrics Group’s ISS Governance Services unit today released its annual postseason report putting in context the most salient corporate governance issues and voting outcomes from the 2007 proxy season. Key themes from this year’s proxy season include strong shareholder support for proposals seeking greater board accountability. Additionally, there was clear evidence that the effectiveness of shareholder-company engagement is increasing, as more than half of shareholder proposals on majority voting, stock option reforms and sustainability reporting were withdrawn by proponents after target companies took steps toward improved practices.
To hear more about the trends from proxy season 2007, the ISS Governance Services unit of RiskMetrics Group will hold a governance forum webcast on Tuesday, October 16 at 1 p.m. EDT. To register for the forum and download a copy of the 2007 Postseason Report, please click here.
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