Investors around the globe are demanding that businesses embrace tougher corporate governance standards, according to a survey from research and consulting firm Institutional Shareholder Services.
The firm will release the full 88-page report -- which is based on a survey of 320 large investors overseeing $10.5 trillion in assets in 19 countries, including the United States, Canada, the United Kingdom, Australia, New Zealand, Japan and China -- later this week. Specifically, the shareholders want companies in their countries to disclose more financial data, to adopt chief executive pay plans that reward only strong performance and to use independent boards with no ties to management.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access