25 Feb. 2011 | Comments (0)
- monitor the analyses and recommendations they receive from proxy advisory firms and the proxy advisory firms’ underlying voting policies to ensure they demonstrate a close link between executive compensation and company performance;
- require any proxy advisory firm they retain to eliminate the worst conflicts of interest;
- require proxy advisory firms to disclose any disagreements by companies regarding the characterization of a pay or governance matter; and
- support greater SEC oversight of proxy advisory firms.