Since 2016, we have surveyed the corporate governance practices
of newly public companies, focusing on the corporate governance
provisions and practices found to be problematic under ISS voting
policies initiated in 2015 and updated in 2017. The ISS voting policies
were seemingly designed to influence the governance practices of
companies considering an initial public offering in the United States
by recommending a vote against directors of newly public companies
due to the adoption of governance policies that diminish shareholder
rights. This year, we look back on our surveys of IPO companies since
2015 to consider whether the voting policies have had a significant
impact over time.
IPO GOVERNANCE
PRACTICES
Since 2016, we have surveyed the corporate governance practices
of newly public companies, focusing on the corporate governance
provisions and practices found to be problematic under ISS voting
policies initiated in 2015 and updated in 2017. The ISS voting policies
were seemingly designed to influence the governance practices of
companies considering an initial public offering in the United States
by recommending a vote against directors of newly public companies
due to the adoption of governance policies that diminish shareholder
rights. This year, we look back on our surveys of IPO companies since
2015 to consider whether the voting policies have had a significant
impact over time.
IPO GOVERNANCE
PRACTICES
