A First Look at ISS’ Equity Plan Scorecard
As announced in their draft rules published in December, ISS is adopting an Equity Plan Scorecard Model (EPSC) that is intended to consider a range of positive and negative factors rather than their traditional "pass" or "fail" tests. They are hoping to use this new model to evaluate long-term equity incentive plan proposals. The final EPSC score will help in determining whether they will recommend "for" or "against". The updated guidelines went into affect for all public companies with annual meetings on or after February 1st of this year.
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