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ISS Issues 2014-2015 Policy Survey Results
EdwardHauder.com
Oct. 5, 2014
"ISS highlighted the responses to several survey questions that dealt with [pay-for-performance (P4P)]. ISS indicates that investors liked the idea of having CEO pay limits relative to company performance (27% of investors supported, while only 12% of issuers agreed). The magnitude of CEO pay was considered when evaluating pay practices by 24% of investors and 50% of issuers. Based on these responses, and the additional follow-up questions, ISS may propose a refinement to its P4P policy that does more to evaluate the CEO pay versus both absolute and relative measures."
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