Whitepapers


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Proxy Access- Issuer List


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Shirley Westcott, Senior Vice President of the Alliance Advisors Governance and Equity Consulting Group, has compiled a list of issuers that have adopted Proxy Access. This index is current as of July 1, 2016.   Download Now

Shareholder Activism Industry Report: Restaurants


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The overall activism trend has been prominent in the restaurant space as soft consumer spending coupled with promotions/discounts has weighed heavily on restaurant profitability. Since 2010, several name-brand restaurants have been targeted for either board representation or pressure to maximize shareholder value. This report provides an overview of activism in the restaurant space with detailed …

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(ALERT) The SEC Weighs in on Proxy Access Proposals


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The biggest losers were retail investors affiliated with the U.S. Proxy Exchange (USPX), who saw six of their non-binding resolutions ejected for two types of deficiencies. Proponent victors included Norges Bank Investment Management (NBIM) and Daniel Rudewicz’s Furlong Fund, whose proposals will move forward to a vote.   Download Now

Alliance Say-on-Pay 2012 Mid-Year Review


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This report, which will be updated at the conclusion of the calendar year, will point out some high-level trends in the voting data for companies with low SOP votes so far this year. Following our analysis of these data is a brief section on guidance for issuers, both how to recover from a failed SOP …

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2012 Proxy Season – What to Expect from Glass Lewis


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Many of the revisions deal with the same issues that Institutional Shareholder Services (ISS) addressed in its policy changes last month (see our Nov. 1, 2011 article), though with some distinctly different approaches. This article covers the key changes Glass Lewis is making for next year.   Download Now

2012 Proxy Season – Audit Firm Rotation


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In the wake of the financial crisis, regulators and shareholder activists alike have been revisiting the issue of auditor independence with a view towards requiring companies to periodically rotate their outside audit firms.   Download Now

2012 Proxy Season – What to Expect from ISS


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Institutional Shareholders Services (ISS) recently released its draft policy changes for 2012, which include significant revisions to its methodology for evaluating management say-on-pay (SOP) proposals. Although ISS is accepting comments on its proposed policy changes through November 7th, it is unlikely that there will be any material modifications to them when finalized in November. This …

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Equity Plan Proposal Failures 2007-2012


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This white paper looks at the equity plan proposals that have failed during 2007–2012, how Institutional Shareholder Services Inc. viewed the proposals, and key takeaways from these votes.   Download Now

ISS 2011 Policy Updates: Alliance Summary


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ISS recently released their 2011 policy updates, which are effective for shareholder meeting dates on or after February 1, 2011. On the surface, the changes for 2011 do not appear to be as substantive as they have been in years past. The following is a brief summary of the ISS 2011 policy updates.   Download …

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