Institutional Shareholder Services (ISS), the world's leading provider of proxy voting and corporate governance solutions, today released its 2006 U.S., Canadian and international proxy voting policy updates. ISS analysts will begin applying the new policies for all U.S. and Canadian companies with shareholder meeting dates on or after February 1, 2006. Announced in the December - January timeframe in previous years, ISS responded to client needs and market requests to complete its policy formation process before year end, 2006 updates are ahead of schedule thanks to an exhaustive, comprehensive and multi-channel process used by ISS to gather input from institutional investors and a variety of respected industry experts.
"Through our client 'policy jam,' our issues-based advisory roundtables and our continuous market outreach efforts, the ISS policy board received an enormous amount of input on key corporate governance issues that lead to a proxy voting policy that is very well aligned with the views of institutional investors," said Cheryl Gustitus, ISS' senior vice president of communications.
See full Press Release. Also see full Report, in pdf format.
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