Thursday 27 November 2008

USA: Council of Institutional Investors - revised corporate governance policies

The Council of Institutional Investors has amended its Corporate Governance Policies. The amendments include additions in respect of severance pay, proxy solicitation and shareholder rights to call special meetings. An updated edition of the Policies document is available here. The Policies set standards, or recommend practices, that CII members believe companies and boards of directors should adopt to promote accountability, independence, integrity, rigor and transparency.

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