EGC Corporate Governance Practices (May 2018)

EGC Corporate Governance Practices: A Survey and Related Resources PAGE 34 Staggered Board Of the 168 EGCs, approximately 67.9% of the issuers had a staggered or classified board of directors. Figure 51 : N=168. Changes to Board Size Of the 168 EGCs, approximately 79.8% provided authority for the board to change its size, and approximately 20.2% did not. Figure 52 : N=168. Triennial; 114 Annual; 54 Triennial Director Elections vs. Annual Director Elections (By Frequency) Triennial Annual Yes; 134 No; 34 Authority to Change Board Size (By Frequency) Yes No