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	<title>The Harvard Law School Forum on Corporate Governance</title>
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	<title>Policy Survey Shows a Shifting Stewardship Landscape, and Diverging Investor Views Across Regions &#8211; The Harvard Law School Forum on Corporate Governance</title>
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		<title>Policy Survey Shows a Shifting Stewardship Landscape, and Diverging Investor Views Across Regions</title>
		<link>https://corpgov.law.harvard.edu/2025/10/31/policy-survey-shows-a-shifting-stewardship-landscape-and-diverging-investor-views-across-regions/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=policy-survey-shows-a-shifting-stewardship-landscape-and-diverging-investor-views-across-regions</link>
		<comments>https://corpgov.law.harvard.edu/2025/10/31/policy-survey-shows-a-shifting-stewardship-landscape-and-diverging-investor-views-across-regions/#respond</comments>
		<pubDate>Fri, 31 Oct 2025 11:32:29 +0000</pubDate>
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				<category><![CDATA[Practitioner Publications]]></category>
		<category><![CDATA[Board of Directors]]></category>
		<category><![CDATA[CEOs]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[Stewardship]]></category>

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		<description><![CDATA[Key Takeaways: 85 percent of investors and 76 percent of non-investors say they do not base governance votes solely on financial performance. With Texas and Nevada amending their laws to attract more companies, 50 percent of investors are focusing more on shareholder rights when assessing reincorporation. 44 percent of U.S. investors view the CEO-to-median-employee pay [&#8230;]]]></description>
				<content:encoded><![CDATA[<hgroup><em>Posted by Brianna Castro, Silvia Gatti, and Krishna Shah, Glass Lewis, on Friday, October 31, 2025 </em><div class='e_n' style='background:#F8F8F8;padding:10px;margin-top:5px;margin-bottom:10px;text-indent:2.5em;'><strong style='margin-left:-2.5em;'>Editor's Note: </strong> <p style="margin:0; display:inline;">Brianna Castro is a Vice President, and Silvia Gatti and Krishna Shah are Senior Directors at Glass Lewis. This post is based on a Glass Lewis memorandum by Ms. Castro, Ms. Gatti, Ms. Shah, Courteney Keatinge, and Dimitri Zagoroff.</p>
</div></hgroup><h2>Key Takeaways:</h2>
<ul role="list">
<li>85 percent of investors and 76 percent of non-investors say they do not base governance votes solely on financial performance.</li>
<li>With Texas and Nevada amending their laws to attract more companies, 50 percent of investors are focusing more on shareholder rights when assessing reincorporation.</li>
<li>44 percent of U.S. investors view the CEO-to-median-employee pay ratio as “not important”, compared to just 8 percent of non-U.S. investors.</li>
<li>U.S. based investors are far more likely to ignore diversity factors in their evaluation of boards (42%) compared to investors from other regions (6%).</li>
</ul>
<p> <a href="https://corpgov.law.harvard.edu/2025/10/31/policy-survey-shows-a-shifting-stewardship-landscape-and-diverging-investor-views-across-regions/#more-177487" class="more-link"><span aria-label="Continue reading Policy Survey Shows a Shifting Stewardship Landscape, and Diverging Investor Views Across Regions">(more&hellip;)</span></a></p>
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