Want To Be Classified As "Diverse"?  According To ISS, Be A Member Of The Right Club

Earlier this week, I wrote about the classifications used by ISS in determining whether a director is "diverse".  In short, I found ISS' scheme illogical and perverse.  California's board diversity mandate uses different categories, but does not...

ISS' Arbitrary And Capricious Assessment Of Board Diversity

Last week, Liz Dunshee at TheCorporateCounsel.net noted that ISS has updated its policies and procedures to explain how it assesses racial and ethnic diversity.  Currently, ISS considers board diversity in making voting recommendations for two of...

Another "Best Practices" May Not Be Best After All

For years, I've been critical of governance experts who promote "best practices" without any basis that these practices are actually effective, much less the best.  For example, the Harvard Law School's Shareholder Rights Project undertook to push...

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