DATE PUBLISHED: SEPTEMBER 28, 2022
Median support for say-on-pay proposals reached an all-time low in the U.S. this year, prompting many corporate compensation committees to evaluate what actions if any, should be taken in response to the evident shareholder discontent.
In this paper, ISS Corporate Solutions examines how compensation committees reacted to low shareholder support on say-on-pay and how their response impacted support in the following year.