In today’s briefing:
- Whatever the Proxy Voting Advisor’s Criteria, It Is How Investors Actually Conduct Themselves
Whatever the Proxy Voting Advisor’s Criteria, It Is How Investors Actually Conduct Themselves
- Since many prime market listed companies have already achieved the gender and TCFD criteria, this will unlikely to be a major issue with regard to Glass Lewis’ criteria changes.
- The ROE for the exception rule for companies with large policy shareholdings should have been even higher, not the same as the TSE’s 5-year average ROE of 8%.
- The criteria for maximum tenure of outside directors should not have provided magic number, but rather performance and other factors that would determine whether he/she is qualified for the position.
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