Large Investors Beginning to Put Executive Pay in the Bullseye
Passive money managers are having an impact on how boards think about, and engage with shareholders on environmental, social, and governance (“ESG”) issues. Now they’re focused on taking a stronger stance on executive pay.
Given these managers’ significant influence, boards would be well served to proactively review their shareholder engagement approaches and pay design.
While they are not equipped to engage to the same degree as their more active counter parts, they have expanded their governance teams, expressed stronger perspectives and increased their engagement, particularly in ESG matters.
Read the full article by Joseph Daou, Barry Sullivan and Seamus O’Toole by visiting Directors & Boards.