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Survey: Proxy access continues to gain steam

Joe Mont | October 20, 2016

Proxy access adoption, board leadership, and gender diversity remained top of mind for corporate boards, driven by continued pressure from shareholders, according to Shearman & Sterling’s 14th annual “Corporate Governance & Executive Compensation Survey.”

 These findings come from a review of the corporate governance and compensation practices of 100 of the largest US public companies listed on the NYSE or NASDAQ. The data was culled from annual proxy statements, compensation committee charters, and corporate governance guidelines posted on the companies’ websites available as of June 1, 2016. New this year in the annual survey is an analysis of IPO governance practices, shareholder engagement and data breach trends, all of which have become hot-button issues for companies and their boards.

Proxy access

The number of proxy access proposals...

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