In today’s world, data is power. The ability to collect and use vast amounts of data can give companies a competitive advantage. But with that opportunity comes risk and the duty to protect data privacy. Here’s where boards come in...
There are many critical facets to board composition. Among them are identifying necessary or desirable backgrounds and experiences and background/ experience gaps at any given point in time; responding to evolving regulatory requirements...
In 2022, as both the ongoing direct impacts and unexpected side effects of the COVID-19 pandemic continue to mount, the landscape of the business world is shifting yet again. An ongoing war in Ukraine, rising global inflation, fears of recession, and the near-constant drumbeat of catastrophic...
Engaging with the board is not the same as engaging with other members of senior management. Directors’ expectations are different. Board members, company priorities, and presentation preferences change...
After a one-year grace period, in 2024 Canadian S&P/TSX Composite Index constituents will be expected under the updated policy to have at least one racially/ethnically diverse director. This reflects broadened Canadian disclosure requirements in this area and increasing investor expectations of board diversity....
Each territory and province in Canada is responsible for its own securities regulation. Most provincial regulatory authorities, however, use as a guide the rulemaking of the Ontario Securities Commission (OSC), which oversees the Toronto Stock Exchange (TSX) ...
There’s no doubt that choosing a new CEO is the biggest decision a board will make. To ensure such a change runs as smoothly as possible, CEO succession planning should be a continuous process that ensures ...
Across organizations and countries, the board chair role has been amplified. Explore five key forces behind this expansion—and how chairs are stepping up to meet new demands...
Nasdaq-listed Companies are now required to publish the board diversity matrix in their annual meeting proxy statement or on the company’s website. The new Nasdaq Rule 5605(f) requires companies to have at least two diverse board members or to explain the company’s reasons for not meeting this diversity objective.
Organizations have evolved dramatically in the past few decades: supply chains have globalized; technology drives and enables much of what we do; and new enterprise models have emerged to facilitate these shifts. But one component of the traditional business model has remained largely unchanged...