ISS Issues Updated FAQs on Its Peer Group Selection Methodology | Practical Law

ISS Issues Updated FAQs on Its Peer Group Selection Methodology | Practical Law

Institutional Shareholder Services (ISS) issued updated FAQs on determining a company's peer group for purposes of the pay-for-performance analysis.

ISS Issues Updated FAQs on Its Peer Group Selection Methodology

Practical Law Legal Update w-018-4654 (Approx. 3 pages)

ISS Issues Updated FAQs on Its Peer Group Selection Methodology

by Practical Law Corporate & Securities
Published on 10 Jan 2019USA (National/Federal)
Institutional Shareholder Services (ISS) issued updated FAQs on determining a company's peer group for purposes of the pay-for-performance analysis.
On January 7, 2019, Institutional Shareholder Services (ISS) issued updated FAQs on determining a company's peer group for purposes of the pay-for-performance analysis. The FAQs cover:
  • ISS's peer group selection methodology.
  • ISS's issuer submission process.
The questions and answers covered by the FAQs are intended to provide high-level guidance regarding how ISS will analyze certain issues when preparing proxy analyses and vote recommendations for US companies. However, the FAQs are not a guarantee of how ISS will apply its benchmark policy in any particular situation.
For more information on proxy advisory firms and on ISS proxy voting recommendations, see Practice Note, Developing Relationships with Proxy Advisory Firms and Handling ISS Proxy Voting Recommendations Checklist.