New Omnicom Unit Offers Corporate Governance Help

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Just in time for proxy circulation during the annual meeting season, Omnicom Group’s Fleishman-Hillard has partnered with proxy-solicitation giant Georgeson Shareholder to forge the newest dimension in investor relations: corporate governance audits.

A few years ago, such an offering would have had few takers. But in the wake of corporate meltdowns like that of Enron, the service is believed to be the first response to the new phenomenon of governance ratings offered by the likes of Institutional Shareholder Services, Standard & Poor’s, GovernanceMetrics International and Moody’s.

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