ISS Launches Annual Policy Formulation Process: Policy Survey Questions Include (1) Whether ISS Should Consider Director Records at Other Companies, (2) How ISS Should Evaluate Audit-Related Matters, (3) Whether to Adjust Reported Voting Results of Dual-Class Companies and (4) What Factors to Evaluate in Independent Chair ProposalsSullivan & Cromwell LLP - July 31, 2018
Yesterday, Institutional Shareholder Services (ISS) launched its global policy formulation process by posting its Annual Policy Survey. The survey is designed to gather feedback from stakeholders to give ISS guidance on where to set policy in areas that are shifting or emerging. Survey questions include (1) whether ISS should consider director records at other companies, (2) how ISS should evaluate audit-related matters, (3) whether to adjust reported voting results of dual-class companies and (4) what factors to evaluate in independent chair proposals. Institutional investors, companies, corporate directors and other market constituents are all invited to respond.