Corporate Practices and Shareholder Value
Corporate Practices and Shareholder Value
This Finance survey examines: The two major proxy advisory firms – Glass Lewis and Institutional Shareholder Services – have announced their intention to offer multiple perspectives to clients rather than single voting recommendations – see, for example:
https://www.ft.com/content/7860f94c-7b1c-49c9-9f4c-a561ee39ee31; (a) Proxy advisory firms that provide general guidance on corporate governance, diversity and environmental practices will create measurably more shareholder value for investor clients than proxy advisory firms that provide specific voting recommendations (b) Companies that scale back on their diversity, equity, and inclusion initiatives are likely to see a measurable improvement in their corporate value and performance