Sodali's press release of the survey on 'Say-on-Pay' votes

Sodali survey reveals strong investor support for "Say-on-Pay" votes. Institutional investors overwhelmingly endorse the “Say-on-Pay” (SOP) vote process and believe that it protects their rights and strengthens the accountability of corporate boards, according to a survey released today by Sodali, Ltd. 80% of respondents rated the value of the SOP vote either 4 or 5 on a scale of 1 (lowest) to 5 (highest).   
The survey, containing 13 questions relating to the SOP vote, was sent to Sodali’s proprietary database of global institutional investors.  Responses were received from 35 institutions from 10 countries representing nearly $13 trillion of assets under management.