Audit Committee Practices Report: Common Threads Across Audit Committees

While there are clearly many priorities for audit committees, there are also limits to what they oversee. The
survey questions focused on the main oversight areas within the audit committee’s purview and identified the top
priorities for audit committees over the next 12 months. We asked for their top three priorities…

Top Governance & Stewardship Issues in 2024

The main 2024 proxy seasons are taking place amid uncertain global macroeconomic conditions, driven by continued geopolitical conflicts, potential delays in expected interest rate cuts, global logistics challenges including shipping disruptions, and heated political environments with several national elections…

The gender gap in CEO tenure robs female executives of time to make their mark

Top-performing companies with good governance tend to have orderly succession plans and a strong preference for internal candidates, he explains. And CEOs who are promoted internally also tend to have long tenures, partially because they’re usually not taking over during a time of crisis. But the privilege of becoming CEO under such ideal circumstances mainly goes to men because …

Time to rethink talent in the boardroom

Boards, like the organizations they oversee, are being pulled in multiple directions: The advent of innovative technologies like generative artificial intelligence, evolving stakeholder expectations, demands for climate action, the need for progress on diversity, equity, and inclusion, and the changing economic, political, health, and …

It’s not your imagination. Women CEOs at Fortune 500 companies really do have shorter tenures than men

When Helena Helmersson abruptly stepped down as CEO of H&M Hennes & Mauritz last month, the few words she offered to explain her decision were picked over and examined like a sales rack at the fast-fashion retailer……

Barely Breaking Ground: The Slow Stride of Progress for Women in Business Leadership and Entrepreneurship

Over the past three decades, Canada has made some positive strides in advancing equality for women in business, but there’s still significant work to be done if we are to achieve the success seen in other countries — and if we are to see women reach equality in this century….

Economic Freedom and Gender Norms

n countries with higher levels of economic freedom, people are less likely to subscribe to social norms that prioritize men over women in education, the labour force and political leadership. In more economically free jurisdictions, the government permits individuals to make more of their own economic decisions—what to buy, what to sell, where to work, how to run a business, and so on…

Gender diversity in the Canadian boardroom: Where are the women leaders?

Over the last nine years the number of board seats held by women in publicly listed Canadian companies increased from 11% to 27%, and the number of companies with at least one woman on their executive team has increased from 60% to 71%. While…

Corporate America Tweaks Diversity Initiatives Amid Pushback

Businesses are trying to fashion programs that foster inclusion without running afoul of the law and potentially bringing costly consequences, according to lawyers and corporate advisers working on such policies. That means some are abandoning the most legally risky …

Canada is moving closer to making sustainability disclosure for companies mandatory

Corporate Canada is moving a step closer to standardized sustainability reporting this week as an industry group charged with adapting international disclosure guidelines to the domestic economy finalizes its first drafts. The Canadian Sustainability Standards Board, which comprises 12 accounting, management, legal and sustainability experts, is expected to sign off on three documents that will guide…