In a rare move to update its voting policies in the midst of proxy season, ISS issued this press release stating it will no longer consider a board’s gender, racial or ethnic diversity when ...
Because institutional investors sometimes hold hundreds or thousands of different stocks at a point in time, they tend to need assistance in voting their shares come annual meeting time. This is where ...
Amid the new U.S. administration’s campaign against diversity, equity and inclusion (DEI) practices, proxy advisory firm Institutional Shareholder Services (ISS) said it will no longer consider race ...
ISS’s announcement follows recent voting policy changes by two large asset managers: It also follows the invalidation of Nasdaq’s board diversity rule, as discussed in a recent post ...
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