Category: latest news

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 ...

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...

With today’s companies facing a widening array of complex, interrelated risks, risk oversight is increasingly one of the audit committee’s most critical responsibilities. Audit chairs should remain vigilant that risk...

Boards should consider increasing their use of external resources for board education programs. The number of S&P 500 boards relying to some extent on external educational resources has increased significantly in...

There are many players trying to influence boards. Whether they are senior executives trying to get their ideas heard, consultants looking to sell business, or activist shareholders hoping to change the direction of an organization, they are all looking to influence and persuade the board...

Boards may want to consider business strategy experience as an essential qualification for independent board chairs. Even as boards are increasingly expected to take on a strategic thought-partnership role, reported business strategy experience is declining among independent...

Directors were asked to select the top five trends that they believe will have the greatest effect on their company over the next year. Slightly more than half of respondents (50.1%) included the threat of an economic recession among their top five trends for 2024...

It is intuitive to think of board expertise as an unalloyed good. But we merge insights from interviews with nomination committee members with insights from the literature on group decision-making, to highlight ...

Companies faced a record number of attacks from activist investors in 2023 as disgruntled shareholders sought to oust directors or force the sales of businesses whose share prices had languished. There were 252 new campaigns globally, according to a report by investment bank Lazard...

Public companies (in Canada).... benefit from some key regulatory advantages, including a lack of independent vote-counting for shareholder meetings. Almost all shareholder votes are tabulated by a company’s transfer agent with direction from the chair – often a company insider – who gets to decide...