Institutional Shareholder Services
Proxy Adviser Sues SEC Over New Guidance
Institutional Shareholder Services says its lawsuit is necessary to litigation to be necessary to "prevent the chill of proxy advisers’ protected speech."
ISS Rules for New Campbell Board Members
The advisory service backs a proposal by Third Point to add five of its nominees to the soup company’s board of directors.
SEC Move Could Lessen Proxy Advisers’ Influence
The commission rescinds guidance that led investment managers to outsource their proxy-voting decisions to proxy advisers.
ISS Urges ‘No’ Vote on Five Equifax Directors
The proxy adviser says members of Equifax's technology committee should be held responsible for may be the most costly data breach in corporate history.
GE Investors Urged to Dump KPMG as Auditor
Proxy advisor ISS recommends a vote against retaining KPMG, questioning its expertise amid an investigation of GE's accounting practices.
Tax Law Ravages Exec Comp Deductions
Loss of deductions for performance-based pay may cost public companies nearly $100 million over three years — but do they care?
ISS Joins Opposition to $8B Samsung Merger
Proxy advisor says Samsung's argument in favor of combining two of its units “remains vague and unconvincing."
Top Lawyer Changes Tune on Activist Investors
Martin Lipton advises companies to meet with activists and avoid "drawn out" proxy battles.
Nearly One-Third of Board Nominees Are Women
A new study shows that women made up almost 30% of new board nominees at S&P 500 firms this year.
Third Wave of Exec-Pay Suits Roils
Ever since the Dodd-Frank Act was passed, shareholders have been finding creative ways to sue companies over their executive-compensation programs. The newest lawsuits may be more successful than their predecessors.
ISS Targets Hedging, Pledging of Company Stock
The shareholder advisory service now considers some strategies executives use to realize or lock in value from company stock to be risk-oversight failures.