December 07, 2023
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Survey of the Top 100 Companies shows a 25% increase in directors with cybersecurity experience and a notable increase in the Top 100 Companies choosing to disclose director-specific diversity information.
NEW YORK – December 7, 2023 – Global law firm Shearman & Sterling today released its annual Corporate Governance & Executive Compensation Survey. Now in its 21st edition, the survey provides a review of key corporate governance trends, along with a comprehensive examination of the corporate governance and executive compensation practices of 100 of the largest U.S. public companies.
The annual survey tracks the impact of changing practices, trends and regulatory developments on key areas of corporate governance and executive compensation. Given the breadth of data collected by the survey, the report can serve as a benchmark for public company directors and executives to assess their governance practices.
“The importance of effective corporate governance continues to grow as directors, executives and corporate secretaries contend with the growing importance of technological advancements, such as AI and the climate change,” said Gillian Emmett Moldowan, partner at Shearman & Sterling. “The increased focus on regulation and disclosures make understanding and implementing governance best practices vitally important to boards and the companies they serve.”
Key major finding and research areas from this year’s report include:
This year’s Survey also provides practical insights and actionable guidance on the impact of regulatory shifts, such as new SEC-mandated disclosures in several new areas related to boards and company executives, including articles that examine:
The firm’s Public Company Advisory practice provides sophisticated corporate and securities law advice to a wide range of public company clients in major industries among both domestic and foreign private issuers.