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: Institutional Shareholder Services -- Corporate Governance Blog

U.S. Midseason ReviewSubmitted by: L. Reed Walton, Publications

Shareholder proposals requesting an annual advisory vote on pay--?say on pay?--have received slightly higher support at U.S. companies this year. Pay vote proposals have averaged 43.1 percent support over 35 meetings where preliminary or final results are known, compared to 42.5 percent support in 2007, according to RiskMetrics Group data. So far this year, ?say on pay? has won majority support at six companies. The most recent majority vote came at the May 20 meeting of Alaska Air Group, where read more

Full post as published by Institutional Shareholder Services -- Corporate Governance Blog on May 23, 2008 (boomark / email).