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ISS Issues FAQs on New Global Industry Classification Standard (GICS) Code 5020
Thomson Reuters Practical Law Sept. 26, 2018 "The first FAQ discusses how GICS Code 5020 will affect the evaluation of equity compensation plans under ISS's US Equity Plan Scorecard. ISS will immediately establish new burn rate thresholds for the companies in GICS Code 5020 ... The first FAQ explains how ISS burn rates of other GICS Codes will be affected, as well.... [T]he FAQs are high-level guidance and are not a guarantee of how ISS's Global Research Department will apply its benchmark policy in any particular situation." |
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