Why Do ISS Recommendations "Against" Say on Pay Spike in June?

ISS recommendations “Against” say-on-pay proposals follow a predictable pattern: Recommendations “Against” spike each June.

Why?
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Exequity examines this trend—the June Phenomenon—in this Client Briefing. The cause of the spike in June is unclear, but the findings raise questions as to why it occurs.

Click here to download the Client Briefing in PDF.