Wall Street Journal (May 28)
2015/ 05/ 29 by jd in Global News
JPMorgan’s CEO Jamie Dimon told the “the truth about proxy advisory firms” when he urged investors not to blindly follow their guidance on corporate governance and shareholder votes. Firms like Institutional Shareholder Services Inc. and Glass Lewis & Co. “have enjoyed far too much influence over companies they don’t own and been subject to far too little scrutiny given their potential conflicts of interest.”
Tags: CEO, Conflicts, Glass Lewis, Governance, Guidance, Influence, Investors, ISS, Jamie Dimon, JPMorgan, Proxy advisory firms, Shareholders, Votes