Value Investing News

Proxy advisory firm Institutional Shareholder Services (known as ISS; owned by publicly-traded MSCI Inc.), had initially advised a vote against General Electric’s advisory (i.e. non-binding) vote on executive compensation. In an April 6, 2011, report, ISS reportedly said, “there is a misalignment between long-term company performance and CEO pay.” GE took offense and took the [...]

• http://steventowns.com/2011/04/23/iss-goes-soft-on-ge/ (52)