Abstract
Institutional Shareholder Services annually undertakes a detailed review and analysis of the structure and composition of markets across the globe in the yearly Market IQ documents. The background document examines the history and structure of the market from a governance perspective, including regulatory regimes, voting hurdles and procedures, compensation practices and shareholder ability to opine, dissident rights, investor organizations, history, and much more. In May 2013, the Luxembourg Stock Exchange published the third version of the Ten Principles of Corporate Governance, bringing changes in numerous areas, including remuneration and the board of directors.
