New ISS Policy Updates: Tougher Standards for 2011
The Corporate Governance Advisor

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On November 19, ISS Corporate Governance Services released its US Corporate Governance Policy Updates on voting recommendations for meetings occurring on or after February 1, 2011. The updates reflect a number of new or changed policies, most of which slant in the same direction: tighter shareholder-level oversight of executive compensation, and a willingness, perhaps even an eagerness, to use the say-on-pay tools mandated by the Dodd-Fran Act as a lever to effect change.