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ISS and Glass Lewis Issue 2016 Policy Updates
EdwardHauder.com
Nov. 23, 2015
"Glass Lewis now indicates that if it identifies egregious compensation practices, it may not only recommend against the Say-on-Pay vote but also recommend against the compensation committee based on the practices or actions of the committee during the year.... ISS will generally recommend against the Say-on-Pay proposal where there is an external management structure in place and there is insufficient detail in the company's disclosures for ISS to perform a comprehensive pay-for-performance analysis."
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