Survey Results: Proxy Solicitors
1.
Does your company use a proxy solicitor for the proxy
season: (Total responses: n=37)
(select only one) |
n=24 (64.86%) |
Yes, every year |
n=9 (24.32%) |
Only in years of special need |
n=4 (10.81%) |
No, we don't use proxy solicitors |
2. If
a proxy advisor (ie. ISS/Glass Lewis) recommended a vote
'against' your company's say-on-pay proposal, your proxy
solicitor's SOP projection (at record date vs. final voting
results) was: (Total responses: n=24)
(select only one) |
n=1 (4.17%) |
Less than 3% (small margin between what estimated and
what occurred) |
n=4 (16.67%) |
Within ± 3% - 5% |
n=2 (8.33%) |
Within ± 5% - 10% |
n=3 (12.50%) |
Within ± 10% - 15% |
n=0 (0.00%) |
More than 15% (large margin) |
n=14 (58.33%) |
Other/Don't know |
3. If
your proxy solicitor's say-on-pay projection substantially
missed the mark during your latest proxy season, do you feel
it was: (Total responses: n=22)
(select only one) |
n=4 (18.18%) |
Likely due to a good reason (eg. unforeseen
circumstances) |
n=2 (9.09%) |
Not likely due to a good reason (ie. they just blew
it) |
n=16 (72.73%) |
Don't know |
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