1. Publications
  2. Capital Markets & IT -lakyara
  3. Search by category
  4. Capital Markets
  5. Time to look at regulating pro…

Time to look at regulating proxy advisory firms

Sep. 2015

by Sadakazu Osaki

ISS and other proxy advisory firms' influence has been growing in recent years. ISS's recent recommendation to vote in favor of a shareholder proposal at Kuroda Electric's high-profile general shareholder meeting apparently influenced many shareholders' votes. Authorities should consider regulating proxy advisory firms to ensure the adequacy of their controls to prevent conflicts of interest and arbitrary or misinformed recommendations.

*Organization names and job titles are current as of the publishing dates

Download The PDF

Author's Profile

Sadakazu Osaki

Head of Research,
Center for Strategic Management and Innovation