2012 Proxy Advisory Survey (with The Conference Board and NASDAQ)

•  2012 Proxy Advisory Survey (with The Conference Board and NASDAQ)

The influence of Proxy Advisory Firm Voting Recommendations on Say-on-Pay Votes and Executive Compensation Decisions: This report examines current evidence regarding the influence of third-party proxy advisory firms’ voting recommendations on shareholder proposal voting outcomes, particularly say-on-pay votes. It also presents the findings of a study, conducted by The Conference Board, NASDAQ, and the Rock Center for Corporate Governance at Stanford University, which shows that proxy advisory firms have a substantial impact on the design of executive compensation programs. However, the impact of those firms on governance quality and shareholder value is still unknown.

2011 Corporate Board of Directors Survey (with Heidrick & Struggles)

• 2011 Corporate Board of Directors Survey 
• 2011 Corporate Board of Directors - Executive Summary
• Related Closer Looks

  Are Current CEOs the Best Board Members? 
  By many measures, current CEOs should be the best candidates to serve on the board of directors.  However, recent survey evidence suggests this may not be the case.  Should companies reassess the importance of this criteria when looking for new board members?

  Scarlet Letter: Are the CEOs and Directors of Failed Companies “Tainted”? 
  Recent experience suggests that many CEOs and directors of failed companies are able to obtain or retain directorships at other companies after their departure.  Should this be a concern for shareholders?

2010 CEO Succession Planning Survey (with Heidrick & Struggles)

• 2010 CEO Succession Planning Survey 
  Heidrick & Struggles and Stanford Rock Center for Corporate Governance
• 2010 CEO Succession Planning - Executive Summary 
• Related Closer Look
  CEO Succession Planning: Who’s Behind Door Number One?

  One of the most important decisions that a board of directors must make is the selection of the CEO. What type of disclosure can provide shareholders with insight into succession planning?

• Related teaching case ($):
  Multimillionaire Matchmaker: An Inside Look at CEO Succession Planning (SSRN)