TOKYO -- U.S. proxy advisory firm Institutional Shareholder Services has recommended voting for scandal-stricken Fuji Media Holdings' proposed new slate of directors, while opposing a competing proposal from activist investor Dalton Investments.
Media & Entertainment
Scandal-hit Fuji Media's board reshuffle gets US proxy adviser support
ISS opposes activist Dalton's proposal, citing concerns about disruption
Fuji Media Holdings has taken steps toward reform after coming under fire for its poor handling of a sex scandal. (Photo by Tomoki Mera)
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