Corporate governance: shareholder votes stop directors from going over-board
Directors with exceptional time-management skills will argue that multiple roles enhance their abilities. But shareholders should remember that those closest to the company do not all share this view. In a survey by research group The Conference Board….
Boardroom Clashes Most Likely Over Return-to-Office Policies
Nearly three out of four organizations said return-to-office policies could prompt boardroom battles, according to a new survey of US workplace leaders, showing how senior management doesn’t always see eye to eye …
In Developing CEO Success Profiles, More Organizations are Discovering that the Biggest Benefits Lie in the Process
Many organizations consider a CEO success profile to be a lengthy activity list, but a high-impact CEO success profile is not a job description or a Board mandate of multiple priorities. It’s smaller, tighter, easier to grasp …
2023 Proxy Season Insights: TSX60 Shareholder Proposals
As part of our annual review of the 2023 TSX60 issuer proxy circulars, we have analyzed the shareholder proposals submitted to these issuers to better understand how shareholder expectations / concerns have evolved over the years…
Ninth Annual Review of Women on Boards Data Shows Gender Diversity Continues To Progress in Alberta-Based Companies
As set out in National Instrument 58-101 Disclosure of Corporate Governance Practices, non-venture reporting issuers in Alberta are required to provide annual disclosure in their proxy circular or annual information form about representation of women on their boards and in executive officer positions, and other related disclosure requirements….
Wanted: More Directors With Business Strategy Experience For Corporate Board Service
As if they don’t already have enough on their plates, board nominating committees may now need to confront what a new report describes as a pronounced and alarming decline in the share of board members who possess business strategy experience…
2023 Diversity Disclosure Practices
To achieve parity, new or vacant positions need to be filled by women candidates at least half the time. Canadian companies are getting close – and the rate at which women were added to boards this year is higher than reported in any of our prior reports…
Taking a Long-Term Approach to Board Composition
Despite a fast-changing operating environment, companies should take a long-term approach to board composition, ensuring that the board has critical core competencies for long-term performance….
CSA Multilateral Staff Notice 58-316 Review of Disclosure Regarding Women on Boards and in Executive Officer Positions
As of May 31, 2023, approximately 1,776 issuers were listed on the TSX, of which approximately 744 were subject to the disclosure requirements. The data summarized in this report is based on a review sample of 602 issuers that had year-ends between December 31, 2022 and March 31, 2023 (Year 9) …
Today’s boardroom: confronting the change imperative
The news is not all grim, though. Directors’ views on shareholder engagement have evolved. Their confidence level in technical topics such as cybersecurity has grown. Strides have been made when it comes to diversifying the boardroom, though it remains a work in progress….
