One of ISS Governance Services’ most popular reports this year shows a marked spike in the number of companies disclosing the existence of a succession committee. In addition, the prevalence of separate board chairs rose four percentage points to 45 percent, offsetting a surprising four point decline in the prevalence of lead directors, which now stands at 53 percent. These are just a few key findings and trends reported in Board Practices 2008, which covers topics such as board leadership, board committees, service on multiple boards, and related topics. Two detailed appendices provide stock ownership guidelines for study companies, as well as a snapshot of key board practices, such as average board independence levels, key committee independence levels, and other data. (135 PP.) NOTE: Unlike previous years’ editions, this year’s study does not provide findings on trends in director pay. Please contact bookstore@riskmetrics.com for specific questions before ordering. All sales are final. |
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