Glass Lewis’ Report Feedback Service: Direct, Unfiltered Commentary from Issuers and Shareholder Proponents

Posted by Katherine Rabin, Glass, Lewis & Co. , on Sunday, March 31, 2019 Editor's Note: Katherine Rabin is CEO of Glass, Lewis & Co. This post is based on a Glass Lewis memorandum by Ms. Rabin. Glass Lewis has long been an advocate of bringing transparency, accuracy and efficiency to the proxy voting process. Following the expansion of our direct engagement program and Issuer Data Report (“IDR”) service, the Report Feedback Statement (“RFS”) service is an important next step in facilitating informed dialogue among all stakeholders. Providing corporate governance services to institutional investors is Glass Lewis’ core business and sole focus. Indeed, Glass Lewis does not offer consulting services to corporate issuers, directors, dissident shareholders or shareholder proposal proponents. That said, we recognize that there are legitimate questions about the opportunities available for issuers and shareholder proponents to raise…

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