Our survey of IPO companies from 2015 through 2018 has shown that companies continue to adopt the corporate governance practices that work for them, regardless of ISS voting policies. While boards of newly public companies should be aware of ISS voting recommendations and corporate governance trends, and consider whether certain governance practices would benefit the company, boards do not seem to be overly concerned about adopting policies simply to fit within ISS voting policies.

Read “IPO Corporate Governance.”