ISS and Glass Lewis 2015 Proxy Season Guidelines
|Area||Corporate Finance and Securities|
Proxy advisory firms Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. (Glass Lewis) recently released their proxy voting policy updates for the 2015 proxy season. The new guidelines address, among other things, corporate governance standards, advance notice policies and executive compensation. This update summarizes some of the more significant changes made to the proxy voting guidelines affecting Canadian issuers, effective for shareholder meetings on or after February 1, 2015.