Also published in corpgov.law.harvard.edu:
Focusing the Lens of Disclosure on Board Diversity, Non-GAAP, and Sustainability
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What Do Elevated Shareholder Expectations Mean for Large Company Boards and Compensation Programs?

corpgov.law.harvard.edu

Large companies are receiving lower shareholder support for Say on Pay proposals than ever before. Average Say on Pay vote support for S&P 500 companies declined for a fifth consecutive year in 2022. Meanwhile, the average vote for Russell 3000 companies not in the S&P 500 (“R3000x”) stayed constant over the same five-year period. The 2.6 percentage point gap between average vote support in the S&P 500 (87.5%) and the R3000x (90.1%) in 2022 is the widest since Say on Pay voting began in 2011...

Mentions: Governance Committee IPO State Street