Institutional Shareholder Services, a leading proxy advisory service, kicked off its annual global policy formulation process on Tuesday by releasing its 2016 proxy voting policy survey to institutional investors, corporate issuers, and corporate directors. The survey will be operational from Aug. 4 to 5 p.m. (ET) on Sept. 4.
The survey incorporates issues under consideration for 2016 policy updates, including the use of equity compensation for non-executive directors, proxy access in the U.S., over-boarding for directors and CEOs, and the role of share buybacks in the effective allocation of capital.
In addition to this global survey, ISS will conduct a variety of regionally-based, topic-specific roundtables and conference calls to examine local market best practices and gather input that will factor into the development of ISS’ benchmark policy guidelines globally.
After an analysis of the survey responses, ISS will open a public comment period on the final proposed changes to our policies for 2016.
The 2016 ISS policy survey can be found here; a timeline of this year’s policy formulation process can be found here.