2010 saw the continued growth of majority voting at large- and mid-cap companies, yet a "small-cap gap" remains. In addition, while the percentage of directorships held by women continues to rise, minority directorships fell considerably year-over-year. In a reversal from 2009, classified boards declined in popularity and now constitute a minority of board structures at S&P 1,500 companies. These and other trends are covered in our 2011 edition of Board Practices, 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, board leadership structure, director age, and other data. (169 PP.) |
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