Investor Responsibility Research Center may begin recommending how shareholders should vote their corporate proxies; board members may decide on the issue in the next three months, said Linda Crompton, CEO and president. IRRC currently offers research without a recommendation. Among the IRRCs concerns is that recommendations would compromise its reputation for objective research and cause potential conflicts of interest, Ms. Crompton said. Its clients are institutional investors and corporations.
Institutional Shareholder Services is the only major firm that makes recommendations to its clients on how to vote proxies.